As per Elliott and fibonacci it has proved 200 to 300 1st move.. 100 (AB)up move.. and get retracement from there exactly 50% which is Rs. 253 253 to 354.90 which was showing Fibonacci 1.618% up move which is achieved exactly 100 (CD) up move from 253 to 354 now we can see AB=CD which is 100Rs. Now Its time to retracement for 303 which showing support in past...
INDIANB has given breakout above its immediate resistance 305-310. Closed near lifetime high. Now it is expected move towards 320 & 330. Stoploss 310.
Indian bank looks good for a decent 20% upmove currently at 267.6 stop 258 target 300+
In HARMONIC Pattern Bullish BAT in Progress. PRZ: @ 209.44 Presenting Combination of Heikin Ashi & Icimoku. Price entering in ICHIMOKU Cloud as Well as HEIKIN ASHI candle shows Trend reversal. ATR Nearer to 6 Months LOW, also Positive for Trend Change. Some important levels to watch: TGTs for Levels (Swing Trade): @ 265.30, @ 269.6, @ 272.70 TGTs for Levels (Short...
Buying has started from this point so it will give retraction from this level. It is good buying opportunity for intraday trade.
there is bullish flag breakout on dis stock so one can add long trade here for higher targets. entry stop loss and targets given on chart. hit like if you agree with my plan i really appreciate your support . regards king999
as we can see bearish engulfing patterns and negative divergence there
Indian Bank is of the bright spots in PSU banking space. The stock have shown significant improvement in profitability and control of bad debt, richly rewarded by the stock market by market cap almost tripling in 6 months. I expect the stock to continue the dream run going ahead. Upcoming results will be the next set of results. Technically, 230 and 248 is a good...