Long Swing Trade Idea #13: Buy BANCOINDIA Buy BANCOINDIA only above 93 with Stop-loss at 77 for first target of 113. Idea is for 14th July onwards and I will update it if it is triggered or in case it is no longer valid. Longby onerighttradeUpdated 3
perfect circle pattern formperfect circle pattern form ....good fundamentals alsoLongby milan6644Updated 0
Banco - Strong fundamentals - Rounding bottom (reversal)Scrip price action can be seen taking a pullback after forming rounding bottom pattern for approx. 10 weeks and standing at attractive valuation currently with right P/E - www.marketsmojo.com Expecting the scrip to first touch tp-1 and then, surpass 52-week highs this time after reversal and crossing strong resistance owing to its strong fundamentals and growth chart. Exceptional surge in volumes is needed in order to support the rally Having already invested in the company owing to strong fundamentals and progressive Q1 results Pros: 1) Sufficient Reserves with borrowings (debt) coming down drastically and no stocks pledged 2) Good Q1 results posted : www.indiainfoline.com 3) Strong fundamentals with strong clientele- www.fundamentalblasters.com 4) Virtually debt free company - www.screener.in 5) Shareholding - Majorty stakeholding by promoters which has been consistent over the past years with FIIs stackholding getting increased - www.marketsmojo.com www.valueresearchonline.com Technical factors given in chart.. One can invest as long term investors. Do ensure to do your own analysis before investing as these are my personal views here :)Longby amankaviUpdated 114
BANCO Products- Long term wishlist tab on wyckoff reaccumualtionDisclaimer.. Tracking fundamentals, not invested currently... this is not an investing/trading recoomendationLongby capsule91110
Banco- weekly chart taking support on trend line Banco- weekly chart taking support on trend line Longby DharmendraGKaallal0
Banco Products (India) Ltd! Ascending Triangle Chart Pattern!Technical : (Weekly Chart) Ascending Triangle Chart Pattern! Breakout @ 261 Technical Target: 350 Fundamentals : (Fundamental Medium Term Target 400) (Fundamental Long Term Target 500) 1.Total (Mkt. Cap) : 1865cr 2. Zero Debt : 0.00cr 3. Stock PE : 17.33 4. ROE : 20.40Longby sagar.potekar.7Updated 222
#BANCO Ascending triangle breakout#BANCOINDIA CMP 239.75 High volume breakout on 24 Nov from ascending triangle. Retracement towards top of triangle; copybook classical charting. Primary target: 320Longby csanjib2
Buy BANCOINDIA @ 238Stock can be bought from CMP 238 to 330 with SL of 222Longby Rohit_potdarUpdated 1
Banco Products - Ascending triangle patternAscending triangle pattern spotted in Banco Products weekly and daily charts. Buy on the breakout for upside. Target marked in red at around 315-320. Good luck to y'all..Longby bountyhunter21225