INDIAN BANK has got a strong channel breakout with heavy Volumes and RSI. Stock is also favourable as per technical analysis, Bollinger Bands, and other tools.
26 Oct - Market fall. Selling absorbed at 400 and moved up. 30 Nov - Huge -ve volume is absorbed at 400 and moved up. 20 Dec 21 Dec - Price fall, +ve volumes at 400 and moved up. 4th time - If all the selling is absorbed or new buying happens then price should cross 440. Has to cross 458-460 resistance for clear confirmation. Accumulate with in the zone till 400....
All time High Stock CUP PATTERN OF 6 YEARS, with a strong Weekly Consolidation RS ABOUT TO BE ABOVE O on Monthly TF . LEVELS OF 463 ON WEEKLY CLOSING. Favorable Risk and Reward Set up. One leg rally done, preparing for other.
📊 DETAILS Sector: Bank - Public Mkt Cap: 59,630 cr Indian Bank is a medium-sized bank which was started in 1907. It offers deposits, loans and services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. TTM PE : 8.65 (High PE) Sector PE : 13.12 Beta : 0.86 📚 INSIGHTS MC Insights...
This is the analysis of INDIANB in Weekly Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
In the Weekly Chart of INDIANB , we can see that, it has given a 12 year breakout. Let it retest the then we can enter with SL.
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...
-Symmetrical triangle breakout -strong closing -rise in rsi & volume -trading above all major ema & sma
INDIAN BANK break out possible with a decent target stoploss for positional at 443, for swing and intraday at 449 Entry between anywhere or any dip at 460-65 Target at 500-515 Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go I am not sebi registered this is my personal view
📈 NSE:INDIANB - January 5, 2024, 12:52 PM Current Trading Price: ₹435.10 🏷️ Opening & Key Levels: Today's Opening: ₹432.40 (Above 0.618 Fibonacci Level) ✅ Near 50-Day Moving Average: Indicating Bullish Trend 📊 Technical Indicators: EMA & MA: No crossover yet 🔄 MACD: Histogram at 0.48, MACD at 0.70, Signal at 0.22 (Positive Crossover)...
Indian bank. Big rounding bottom breakout.Now CMP:453 stoploss:395(wcb) target: open.. pattern target is 800.
INDIAN BANK Ready for 30% upside in next 4 Months On the Weekly charts it has been moving up & will soon touch its all time high. LTP - 329 Targets - 435+ Timeframe - 4-5 Months. In last few Years FII has increased there stake from 0.5% to 4% in the stock whereas Public has decreased stake form 8% to 4%. Happy Investment.
Regular Stock Price Range test is seen Require High Volume break out from boundary to touch target Good VOlumes better perfromance than NIFTY
After a long term uptrend, had gone sideways for good amount of time and now breaking out with good volume. A defensive trade with 1:3 RR and 3% of risk...
The above information does not constitute financial/investment/trading advice or recommendation and it is purely for educational purpose. Please check the comments 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...
Formed Inverted Head & Shoulder Pattern in daily time frame.Looks good for swing trade /short term investment. Trading at 447. Keep SL at 400. Target can be 523 638 747 Learning purpose only
Stock is trading @all time high level above Rounding bottom pattern. Long is triggered
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking...