CANBK trade ideas
canbank IB long PDHbounced strongly from weekly support, Hammer on Friday,
consolidated and took support from PD Open
Sell 220 PE at 2.5-2.75
Hidden Bullish Divergence And RSI Heavily OvesoldTrade Time Frame 4-5 Day's
Entry @216, 217, Stop @209, Target @245
view on CANBKrefer chart
every one can find easy pattern
inverted cup ,H&S ,support & resistance etc
ever pattern suggest only Sell
let's see whats happened in future
Hidden Bullish DivergenceThis can be seen when the pair is in a uptrend. Once price makes a higher low (HL), look the oscillator does the same. If it doesn't and makes a lower low (LL), then we've got some hidden divergence in our hands. The normally occurs at the end of bearish trend.
CANBKCANBK LOOKING GOOD.
THIS IS ONLY FOR INFORMATIONAL AND EDUCATIONAL PURPOSE.
DO SHARE YOUR VIEWS ON IT.
BTST IN CANBK FEB FUTBTST IN CANBK
FEB FUT
PIERCING LINE PATTERN +RSI ABOVE 30
BUY@235
STOP@228
TASRGET@245
LOT:2000
QTY:1
CANBK Sell Around 260 SL 268 TG 254-248-240-234-227Resistance around 267...Strong Support Around 227-219
