NSE:MAHABANK Can expect good movement in the upcoming days. Chart looks good on this moment. If it gives breakout then we can expect next target is 100 in upcoming days.
Its form weekly chart flag breakout so 1st target will be 69 & 2nd target 76
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 it is advised to look at the long term and invest rather than aim...
This is the analysis of MAHABANK in Daily Time Frame. Watch carefully. The chart explains itself. Earning reports will be disclosed on 16 jan 2024. If result is good and price sustains above 50 then it will good for stock. Keep eye on this stock. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have...
✓awesome chart setup ✓Falling trendline breakout on daily chart with good volumes ✓Ready for good move for 70-85 levels in short to mid term
Reason to Buy : Good Results and took entry based on technical analysis Allocation : 2%
symbol MAHABANK company bank of maharashtra type long term price 63.7 date of entry 05-03-2024 risk market slowdown
Could have minor bumps along the way. But look very good for long term For tracking purposes only.
NSE:MAHABANK ✅ #MAHABANK trading above Resistance of 64 ✅ Next Resistance is at 89 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
#MAHABANK trading above Resistance of 58 Next Resistance is at 77 Support is at 42 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
📊 DETAILS Sector: Bank - Public Mkt Cap: 36,646 cr Bank of Maharashtra is engaged in providing banking services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other banking operations. TTM PE : 9.95 (Average PE) Sector PE : 12.91 Beta : 1.50 📚 INSIGHTS Strong Performer Stock with consistent financial...
--Breakout and retest --good volume --excelent Q result --Target 60/70 Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance -- Do your...
Waiting for it to close and sustain above the 2014 horizontal resistance line. Trading around the trend line with good volume ( last 3-4 days volume). First target is 65. SL 47. For learning purpose.
#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 selling recommendations. I am not SEBI registered. Please consult your...
MAHABANK-EQ -Strong Breakout Candidate -Round Bottom Structure Breakout -Strong Range Accumulation -Massive Volume Buildup -Performing Good but had Bad Reputation -Just for Trading & Swing not for Investment Entry 🟢: Above 59 Target 🎯: 70, 85, 95, 100 ++ Stop loss 🔴: 53 WCB Remark: Short Term ⚠️ Disclaimer : Chart & Levels are for educational purposes....
Similar to other PSU Stocks.. Unlike other PSU stocks, this Scrip already broke out of the trendline. For very less Risk, one can expect a great Reward in this Banks Rally.