CSB BANK: Big institutions calling!CSBBANK is at strong support and currently picked by BIG FIIs. Targets are marked as per Fibo Retracement. Follow after studying the setup.
NOTE: I'm not a SEBI REG. Study before investing.
CSBBANK trade ideas
CSB Bank LTD Analyasis on 30 Mar 24CSB Bank LTD Analyasis on 30 Mar 24
Stock Fundamental Analysis
Fundamentally strong stock
Promoter holding 49%
FII Holding 4.65%
Stock PE less than industry PE
Stock PE - 10.75
Industry PE - 11.26
CSB Bank LTD Analyasis on 30 Mar 24
Stock Technical Analysis
breakout after Jan 2021 @ 360
and support near 330 to 360
take support near weekly supertrend and 50 EMA
Keep stoploss near 260 (below 200 EMA @ 268)
Target 370 - 400 - 450 -500
and breakout target 530
Daily Bullish Flag Breakout in CSB BANKHi,
NSE:CSBBANK has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily and monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario I am expecting that the bullish momentum will continue.
Complete price projection like entry, stoploss and targets mentioned on the charts for educational purpose.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
CSB bank-A private sector bank for long termDCB bank is close to a multi year breakout.
Once stock closes above 500, big targets can be expected.
Short term momentum traders can set a target of 500.
A good private sector bank with bettering fundamentals.
CSB Bank - Daily chart - BullishCSB Bank looks fundamentally strong and in good valuation too. At the same time, technically it is taking support and has probability to towards upside.
A possible cup and handle on hourly chart?Everything on the chart.
I will buy if it pulls back to complete handle around 315.
Stop Loss at 313
First target 342
Not Advice...
CSBBANK CSBBANK - Ready to breakout
Looking good for a swing trade
Buy above 410 | Tgt 450 | Sl 395
It is my view, to trade on your own analysis
CSBBANK BO [Weekly]CSBBANK BO happened end of last week as shown on the chart. One big negative here is that volumes are not above average. Ideally volumes should follow a long weekly base BO. Seeing the banking sector for now, healthy charts like CUB and CSBBANK should be kept in shortlist to see if volumes catch on soon.
Breakout from rounding bottom patternStock is trading at all time high level and given clear breakout from rounding bottom pattern. We may witness good upmove from here on.
CSB BANK : Technical AnalysisCSB Bank 2023
Simply pointing some point to study the CSB Bank chart.
1. Simply in a uptrend zone.
2. Broke the previous high.
3. Above 50 EMA.
4. forming higher high and higher low.
5. bullish for long.
6. Risks & Rewards (2:1)
Conclusion:
My analysis shows potential strong bullish run.
I am not a sebi registered analyst. My studies are for education purposes only.
CSBBANK | Experiment📊 Details
CSB Bank (formerly The Catholic Syrian Bank Ltd) is engaged in the business of banking Services ,oldest private sector banks in India with a history of over 98 years, and a strong base in Kerala , Bank focus on SME, retail, and NRI customers.(Source : Company Web-site )
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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Undervalued Small Banking Stock - Good For InvestmentCSB Bank previously known as Catholic Syrian Bank Ltd.
Analysis -
Has major income from retail group and well diversified business in terms of Income.
NIM (Net Interest Margin) which is one of the major incomes of Bank is more than 5% not even major banks have this much, very few banks are able to keep it above 5%.
If you see last 5-year profit growth is almost 50% highest among many banks.
Whereas stock PE is less than Industry PE
Technically -
Stock is crossing out of August 2021Levels.
CMP is 354. So, one can add from CMP to level of 330 as Weekly RSI is overbought. It might cooldown. above 358 more strong
Targets -
375 is small hurdle if crossed than above that we may see Targets of 450/555 & we can keep SL of 300.
CSB BANKThis is not an investment advice and also please note this is only for education purpose.
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.
Buy : 210 - 215
Tg : 243-260-275
CBSL : 190
Symmetrical Ascending Triangle Breakout.Enter the trade if stock gives closing above the resistance line on a daily basis.
SL can be maintained below the Breakout candle or at previous swing low.
Green dotted line on the charts represents Eventual Targets.
Breakout alert in CSB bank.>>Stock has been in an uptrend since last year.
>>Over one year, it has been following a special trend line.
>>Since January 2023, it has slightly changed its direction and is now forming a beautiful
symmetrical triangle pattern.
>>Today, it has reached its resistance level and appears promising to break it.
>>If it breaks the trend line, we can initiate positions with a 1:1 risk-reward ratio as explained in the chart.
>>PSU banks were in the limelight today due to their exceptionally good Q1 results.
>>CSB banks also performed well, suggesting a brighter future for this stock.
CSBBANK BREAKING H&S PATTERNCSBbank breaking out h&s pattern
with good volume ,bullish RSI
MACD crossover done
educational idea only
Inverted Head & Shoulder Pattern📌Inverted Head & Shoulder Pattern
📢Keep an eye for next week
#CSBBANK
- INH&S continuation Pattern
- Above Key EMAs
- Bullish RSI
CSBBANK - Swing Trade || 18th June, 2023 #stocks Analysis Criteria Used:
1. Please find the Chart Analysis done for the Swing Trade Idea for the upcoming week and the following days
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
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DISCLAIMER:
.
* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED
______________________
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CSBBANK - Intraday Trade || 15th June, 2023 #stocks Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 15th June, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
#sharemarket #stockmarket #nifty #sensex #investing #trading #nse #bse #stockmarketindia #stocks #indianstockmarket #investment #stockmarketnews #banknifty #finance #money #intraday #intradaytrading #investor #niftyfifty #dalalstreet #sharemarketindia #sharemarketnews #stockmarketinvesting #business #sharemarkettips #stock #india #indiansharemarket #rakeshjhunjhunwala #bhfyp #mumbai #share #wealth #investment #market #invest #trading #investing #finance #FinancialFreedom #investor #trader #stocks #profit #investors #economy #equity #shares #nifty #stockexchange
DISCLAIMER:
.
* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED
______________________
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best stocks to buy now
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best stocks for Intraday tomorrow
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best stocks to buy today india
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swing trading beginners
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CSB Bank - Long termTry CSB for above 295 weekly close for given target .
Study purpose only - Dont trade according to this view
