investment and value additiongood range formed and up move as good investment , range formed and bottom catches done.. one momentum move will happen soon
BANKBEES trade ideas
BankBees ETFHello,
For the conservatives and portfolio holders this is a BANKBEES technical chart analysis.
Pressure in the banks and take it to the channel bottom. More pressure can lower it to the yellow channel.
Upside looks excellent based on global cues and market sentiments.
Buying:
Closer to the channel bottom.
BANKING INDEX LOOKS STRONG"can take a position for peaceful investing
outperform every other index in last 3 days.
looks going to be outperformed for a while.
not given good return by big private bank for last 3 years
it can be a great time for bank bees and bank index for safe and peaceful investing in this high volatile market."
bank bees inverted cup with handle. - inverted cup with handle formed on daily chart
- today also marked a long selling candle
- if trend line broken it will take rest on each level and try to bounce back
- it will affect all the banking stock if the fall continuous
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Bankbees Good BreakoutReverse Hidden Positive Divergence
Buy Bankbees At Cmp 463.54
SL - 451 ( Day Closing Basis )
Target - Open
If Bankbees Breaks 451 Banknifty Can Come In Trouble.
BANKBEESBANKBEES
Buy above 453
SL below 444
Targets: 463/474/484/494/507/523
Bullish Pole and Flag
Hidden bullish RSI Divergence
++For educational purpose only++
Buy holding Bank bees good support area 400 rupees. So this place buy holding my aim. May trg reach 440 rupees.
BANKBEESBANKBEES:- If you can't pay attention to stock market daily then Bankbees is the right thing for you, here you invest on monthly basis,
you get good returns, now this chart is also giving weekly breakout, keep this chart in mind.
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. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
17/10/2022 Research Report For BankbeesDisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
f you are trying to invest in BANKNIFTY but you don't want to trade in F&O or you don't have margin money for F&O trade, thyen you can invest in BANKBEES .
It is a Exchange Traded Fund and directly linked with BANKNIFTY. Every BANKBEES movements you can trade with BANKBEES
Buy @ C.M.P (Current Market Price)
Sell Target 1:- 414
Compare With BANKNIFTY Spot Chart:-
ETF BANKBEESBuy ETF BANKBEES through SIP without any risk instead of buy individual banking stocks or BANKNIFTY. It can be average / manage at any range. My Target is minimum Rs.400
BankBees Accumulate for Long termBANKBEES is at monthly demand zone of 190 to 200 for long term accumulation (SL 176)
Next level of accumulation is 140 150 (SL 134)
next level to accumulate 95 to 105 ( SL 87)
This is for long term only and to be done in tranches
SL is given for every level for better money & risk management
BANKBEES - Weekly
It seems, the trend in the banking sector is changing and money seems to be coming in.
It has closed above 200DMA, yet to give a close about 200WEMA
But over-all looks bullish, once can buy with stop below daily 200DMA
This is a positional bet, may work good for next couple of months.
Since this is a basket of stocks (an ETF) the risk is low compared to individual stocks.
Investment callBank nifty etf can buy at every 10 point differance.i.e. at 290,280,270....
at upper level can buy in small quantity.
