MAHABANK Target 55MAHABANK
Entry after breakout 47.50, stop loss 43, target 55
triagle formation in uptrent, trendline support and ema 50 support
4.99INR
26.05BINR
181.776BINR
958.747M
About BANK OF MAHARASHTRA
Sector
Industry
CEO
Aeratu S. Rajeev
Website
Headquarters
Pune
Employees (FY)
12.977K
Founded
1935
ISIN
INE457A01014
Bank of Maharashtra engages in the provision of banking products and services. It operates through the following segments: Treasury, Corporate/ Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment includes investment, balances with banks, and interest accrued on investments. The Corporate/Wholesale Banking segment focuses on all advances to trusts, partnership firms, companies, statutory bodies, and individuals. The Retail Banking segment offers exposure to entity and concern. The Other Banking Operations segment provides all banking transactions not covered in other segments. The company was founded on September 16, 1935 and is headquartered in Pune, India.
MAHABANKCMP: 46
- Inverse Head and Shoulder pattern breakout after Q1 earnings
- >50% returns
- It's facing resistance near 61% Fibo zone
✅ Narrow range candles near the breakout zone
🟢 I will look to enter above 47
MAHABANK– Cup n Handle pattern breakout – 24% upside potentialMAHABANK has given Cup n Handle pattern breakout from resistance levels of 32.5 – 35 zone.
Price has given breakout with good volumes.
Target: 48+
SL: Daily close below 35.9
#MAHABANK LONG TRADE IDEA SETUPGreetings Folks,
today I have prepared a setup of MAHABANK on NSE
the analysis is as follows-
- price is currently facing a static resistance which has been tested earlier
- its very probable that tomorrow it may end up breaking this resistance
- wait for retest before entering as it may also be a b
LONG $NSE:MAHABANK The stock had broken out on the monthly chart and after the breakout is now completing retracement at current levels. One can look to buy in the range of 38-42 for targets of 50-65-80 on a positional basis with a stop loss below 35 on monthly closing basis.
The current market sentiment is weak so
BANK OF MAHARASHTRACould have minor bumps along the way. But look very good for long term
For tracking purposes only.
This PSUBank stock is looking strongFundamental analysis:-
Bank of Maharashtra is a PSUBank stock which can give good returns in short as well as long term.
The stock has a good dividend yield and is available at a cheap price as per PE and PB ratios.
Technical analysis:-
The stock has given a breakout from Inverted head and shoul
Bank of Maharashtra Analysis Stock was recommended at levels 35-36 and given good results with great volume, play with marked levels.
Bank of Maharashtra - Long Setup, Move is ON...#MAHABANK trading above Resistance of 42
Next Resistance is at 58
Support is at 28
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or sell
Bank Of MaharashtraCup & Handle - Neck Line / Supply Zone at 45
Cup Height : 40 Points
Target : 85 points
If sustains above 85 new breakout zone !!
See all ideas
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