"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."
- 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.
Reverse 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.
BANKBEES:- 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...
Disclaimer:
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...
Buy 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 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
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...
