BANKINDIA trade ideas
BankIndia Breakout. PSU banks have underperformed in july and expected to outperform in August. BankIndia was over-beaten stock and have shown strength from the bottom in late july. Bankindia will be my first pick to play PSU cards in august.
BANK OF INDIA NecklineBANK OF INDIA has been respecting the neckline from a couple of years. Currenty testing it again. Awaiting a brekout/reversal on accounts of results todaysup
Bank Of India Breakout There is a trend in PSU banks..All seem to be showing strength..
Buying them slowly might prove to be fruitful..Ideally jumping in more aggressively on a breakout retest.
BANKINDIA CASH : LOOKS GOOD ABOVE 86 -POSITIONALBANKINDIA CASH
22 JULY 2018
POSITIONAL - BUY ONLY ABOVE 86 SL 82 TGT 91-92/98-100
(CLOSE ABOVE 86 BETTER FOR CARRY)
CMP 83.2
Important Levels for Bank of India Important Levels for Bank of India
Bank of India is at all time low and oversold on the indicators. If it reverses from here it can be good long opportunity, however, any breach of the trendline mentioned in the downchart, will open the gates for more downfall.
My PredictiveEngine's Intraday call(13-Jun-18)-BANKINDIA-LongBased on my "xRAM-Creator" predictive trading methodologies, its going to be a GREEN candle on 13-Jun-2018 for BANKINDIA
Buy Above: 101.7 for targets -
T1: 102.5
T2: 102.9
T3: 103.4
SL: 100.9
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Intraday....Short BANKINDIAOn forming bearish pattern short... No target....book profit on reversal.
My PredictiveEngine's Intraday call(23-May-18)-BANKINDIA-LongBased on my PredictiveSystem's signals, its going to be a GREEN candle on 23-May-2018 for BANKINDIA
Buy Above: 98.3 for targets -
T1: 99
T2: 99.5
T3: 99.9
SL: 97.5
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
This post is for My So Called Friend San Stock Engineer San You are trying to place trend line understand the system , i have made a small efforts to explain the way i know
Hope you will correct me if i am wrong by any information
Bank India : Moving in Downward sloping channel Bank India : On monthly chart moving in Downward sloping channel which faced resistance at 50 % fibo level .
Bank Of IndiaFormed head and shoulder pattern in daily chart. Close below 96.40 it's heading towards 91 levels
Bank India -April strategy (Direction neutral)Hi All ,
No naked put/call /buy /sell , no over leverage and buying of 5-10 lots , just stick with 1 lot.
Target shown on chart. Let it go in any direction we will make money.
Following is strategy:
Buy 100 call @ 8.25
Buy 100 put @ 4.25
You need capital of 3lakh to take this trade since lot size of 6k , if you don't have don't take this trade.
Options are risky consult your financial adviser before taking any trade.
Bank of India RSI oversold, Looking for a bounce backBuy Bank of India at 105
SL strictly at 99
Target 110-115
RSI indicates oversold and it's bounce back is due.
Bank India - Hot trade Hi All ,
No naked put/call buy /sell
Folks look at daily RSI , its 13 , will anyone short this stock when RSI is 13 ?
All the bears will wait till rsi come to 40-50 zone.
Quick strategy :
Buy 100 call 1 lot @ 4.6
Sell 110 call 1 lot @ 1.6
Net risk 3 rs * 6000 = 18k .
You need minimum 3.5 lakh capital for this ,No over leverage and buy naked 5 lots , Manage your risk .
Consult your financial adviser before investing , options are risky
A LOVV STORY: of 10 Public Sector BanksIn this Nifty correction,PSU BANKS has break breaking its LOVVs(LOWS). This week most of them broke their 52 week low and Many of them are close to their LIFETIME LOWS.
Not saying that they are gonan hit their lows, just an birds eye view of whats going on in their lives
Here are 9 of them Sharing the same LOW-STORY
UNION BANK OF INDIA-->
This week it broke its 10 year low. now heading towards the lifetime low.
ANDHRA BANK-->
This week it broke its 2 year low. Now heading towards the lifetime low
CANARA BANK-->
This week it broke its 52 week low. Now heading towards 2 year low-Which is close to its lifetime low
BANK OF INDIA -->
This week it broke its 52W low last week. Now its heading towards the Lifetime Low,
ORIENTAL BANK OF COMMERCE -->
Two years ago it made its Lifetime low, now heading back towards it, after breaking its 52 week low couple of weeks ago.
SYNDICATE BANK-->
This week it broke its 2 year low. Heading towards 9 year lows, whichi is close to its life time low.
Allahbad Bank -->
Its right on the Two year low. Heading towards lifetime low thats not too far.
PUNJAB NATIONAL BANK-->
Broke its one year low. Heading twowards 2 year low, which is very close to its Lifetime low
BANK OF BARODA,--->
Sitting on the edge of the lifetime-trendline, CLosest low is a Two year low.
