BANCO INDIA as Per Day Chart Analysis Stock ABOVE 203 TARGET 207. Happy Profitable Trading to All....
As you can see Big investors are again buying this share evident by the 2nd indicator
Swing Trade opportunity. CMP: ~ 189.45 ( Buy @ ~ 196.45) SL: ~ 177 Target: ~ 234 | ~ 268 | ~ 327 ( Targets calculated on the basis of Fib. and previous swings ) Disclaimer: I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and...
Banco Product has announced a whopping dividend of Rs. 20/- per share...hopefully thats not a typo as it is a payout of 140 crores from this companys coffers! the market cap of this company is 1200 crores only! It has had a history of giving higher dividend than its net profits but this one is the biggest yet.. company manufactures engine cooling and engine...
May look at Banco Products, formed a cup and handle pattern..target open is 201 with stop loss below the red line...my SL will be 169.30
NSE:BANCOINDIA After Jan 2018 Cup & Handle Breakout > 189 After Retracement CMP Bounce from 50 Week SMA Price back in Pitchfork Targets : 226 - 272 - 318 SL: 168 RSI sustaining above 55 Volume Contraction during Retracement
Initial buy :: 185 - 195 Initial S/L - 175 Add more near 210-215 (if price sustains or retraces) Trail using SuperTrend Indicator Use FIB Levels or Channel Top for Target reference.. Reasons for increased probability:: ---------------------------------------------- -- RSI breakout and Price / RSI are making HH & HL -- Price broke the bullish flag pattern...
good breakout lets see how it performs educational idea
Price rising along weekly trendline and may soon test 200 again as it was rejected on last try. 200 would be strong resistance as volume is quite for rejection.
BANCOINDIA: Looking Good 3 Years High & Bullish Breakout Sustaining Closing/Above 209.60 Head & Shoulder Pattern Breakout Sustaining Above/Closing 200 Buy Above/CMP 192.30
Inverted head and Shoulder Pattern on the weekly chart. The stock has been taking resistance at 2 major trend lines. Going forward also, these resistances will be profit booking areas. A huge accumulation of smart money + good results suggests this stock can go big. Q1 FY2021-22 Q4 FY20-21 Total Income ₹ 508.77 crs ₹ 445.82 crs Up 14.12% Net...
After absorbing the monthly supply, BANCO is moving up following a VCP(Volume Contraction Pattern). Good to buy every time it retests the newfound demand zone. Keep an eye for the price to not break below demand and form a rollover structure.
Can be bought on breakout and added more on restest(if happens, looks hot for some move)
Huge rounding from pre covid levels and now back to the place, if cross above 195 and sustain, stock can give 10-15% gain in a jiffy.
banco products in a long term uptrend is now consolidating in a darvax box tried once to breakout but failed any further breakout above the box with volumes and sustaining we can see new all time high. its just my view any comments are welcome