Positive news for Central Bank, buythe government is planning to infuse Rs 2,350 crore in the bank
www.moneycontrol.com
so one can buy this stock tomorrow
CENTRALBK trade ideas
Central Bank Long Term ResistanceCentral Bank is testing long term support resistance level .
MACD bullish signs , good long opportunity once green line broken .
LONG CENTRAL BANKI hope you can now see how CENTRALBK CHART Pattern represents an excellent low risk profit entry setup allowing you to trade. Hence the low risk profit entry setup. You will also have seen with the correct price analysis you can determine your entry and exit with high levels of accuracy ensuring the risk/reward is always in your favour..
Thanks for reading ,Good Luck , Happy trading!
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these CHART will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these CHART are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. Unlock Financial has no responsibility for your trading results. There is a high degree of risk in trading.
FALLING WEDGE- LONGLONG ON CENTRAL BANK
WEEKLY CHARTS EXPECTING 100++ WITHIN 2 -3 MONTHS
ONLY FOR EDUCATIONAL PURPOSE
FALLING WEDGE TAKES TIME FOR UPMOVE
AFTER A RALLY STOCK WILL CONSOLIDATE AND THEN I WILL MOVE UP
Central Bank of India: "The Injection of Funds by Goverment"Buy for Long Term: 07 May 2017 CMP 111
This stock has been followed by Higher high and Higher low pattern.
Range bound 45-120, on this level more interested to accumulate for long term.
Once breakout 125, it will develop high on high with sharp up move.
(Required Market Up move, try to buy on every dips 60-75-95-110-140)
Resistance 260-380-590-760
Support Life time low 45 & High 190, 52 week Low 76 & High 116.
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-Company has low interest coverage ratio.
- The company has delivered a poor growth of 11.21% over past five years.
- Company has a low return on equity of -4.14% for last 3 years.
- Contingent liabilities of Rs.88641.03 Cr.
- The Company has maintained an average dividend yield of 1.66 % over the last 5 financial years.
- Long Term Beta 2.3
Central Bank Of India Short TermSeems like an opportunity for around next week time.
** Educational Purpose Only**
