Indian Bank : Looks like a flag pole breakout possibility Stay long above 415 with support at 395
Beautiful Cup & handle Pattern and breakout in Indian Bank. Entry near 195 (Retest Zone) and fist target comes to 292. The stock is had also started making HH-HL formation. SL - Weekly Closing below 173. Favorable RR.
Focus On: 1. Always keeping your Risk Management in play 2. Using a Stop Loss; because it is your Best Friend 3. Always Plan your Trade and stick to your Plan 4. Dont overthink or overanalyse 5. Treat this as your Business and get serious about it
Uptrend stock. Spent some time consolidating Hit Resistance and Support multiple times, thus forming a proper rectangle Box. Breakout of the Box and retested the Resistance level Bullish Engulfing on Daily charts and price sustaining above the bullish engulfing levels. Excellent RR about 1:3 Not a recommendation.
If you believe that markets are even remotely efficient, then over the long term, one would expect a company's share price to be influenced by its earnings per share (EPS) performance. Therefore, it is understandable that experienced investors pay close attention to company EPS when conducting investment research. It is certainly encouraging to observe that Indian...
"Delivery Idea 12-05-23 INDIANB (CMP: 293) Buy Price: 293 SL Below: 285 Target: 330"
Breakout in Indian Bank with very high volume.............
Look at the beautiful channel pattern now can enter at small stop loss book your profit when upper resistance, trial your stop loss when resistance breakout
Reason for long a) Mr14 set up b) Vwap support c) triangle breakout SL compulsory
INDIANB:- Rounding pattern is formed and stock is moving in a small range from last 2 months, if it crosses 310 level then we may see upside movement, keep your eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like...
This scrip has been choosen for short Term pick as it had formed a beautiful pattern. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Keep an eye on Indian Bank for Bullish Pennant Breakout. Invalidated if no Breakout.
Stock Name - Indian Bank Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 276 #This is not Buy and Sell recommendation to any one. This is for education purpose...
Indian Bank Analysis Fundamentals : Strong, FIIs and DIIs holding increased in recent quarter, backed by Bullish PSU Sector Technicals : Broken declining trendline and on the verge of inclined wedge breakout R 1: 270 R 2: 300 R 3: 360 S : 200
Pole and Flag Pattern formation on Daily Time frame
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Indian Bank is currently trading at half of its Book Value of 360 and at a P/E of 5.85. it has recently brokeout after formation of Inverse Head and Shoulder pattern and once achieving its targets it will reach its old resistance that forms the CUP with a depth of over 371 points (2x its existing price) which might lead to price to 750+ This is not a BUY or Sell...
Look at INDIAN BANK, giving a strong momentum after recent breakout after formation on inverse Head and Shoulder. This is my very first post here, i am open to learn if I am not doing it right. Show some support.