In weekly chart, RSI making bearish divergence.
RSI also Above 70 level in Weekly Candle and making Bearish Divergence.
As per my View on Future Price may come at Rs.45
Though the company is reporting repeated profits, it is not paying out dividend
Company has low interest coverage ratio.
The company has delivered a poor sales growth of 1.21% over past five...
Central Bank of India. Rounding Bottom in Quarterly Charts
Breaking out above 76
Can Take Entry at Current Price
For Targets 84/96/120+
Be Patient with this stock.
Check the fundamentals please before investing
The chart is self-explanatory and shared for educational purposes.
Central BANK stock, currently trading above its moving average, has experienced an aciquet volume breakout along with an accelerated trend line. Furthermore, there has been a reversal from the trendline, indicating a promising buying opportunity.
It's important to note that while technical...
Positional Trade
Add / Buy of dips for Decent Gains
Targets mentioned in the image
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Regards,
Naresh G
SEBI Registered RA
#CENTRALBK trading above Resistance of 66
Next Resistance is at 80
Support is at 53
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...
Central Bank Of India:
CMP: 48.30
Exciting news! Central Bank Of India has recently experienced a breakout, a trend we've noticed performing well historically, especially when accompanied by volume. Today, we observe a breakout, albeit in the form of a trend line.
Watch closely : If the price surpasses 48.50, we'll consider a long entry, managing risk...
--Breakoout
--good volume
--good YoY result
--target 65+
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 own analysis and...
📊 DETAILS
Sector: Bank - Public
Mkt Cap: 42,362 cr
Central Bank of India is a commercial bank. The Bank's segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business. The Treasury Operations segment includes dealing in government and other securities, money market operations and Forex operations.
TTM PE ...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
CENTRALBK-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 64
Target 🎯: 72, 91, 100, 105 ++
Stop loss 🔴: 54 WCB
Remark: Short Term
⚠️ Disclaimer : Chart & Levels are for educational purposes....
NSE:CENTRALBK In the past was in a severe Down Trend, but currently, it has created a U-shape recovery, which should take the price up to 122, which is approx.136% Return on Investment from the current market price. But before going up there can be some consolidation and a small drawdown.
Disclaimer: Stock trading is inherently risky and you agree to assume...
