Bank of Maharashtra ... Y-o-Y balance sheet is getting stronger...price downfall look settle on base ...for long term it might be good bet. CMP: 21 sl:15(cb) target: 28/40/60/75 Note: educational post
good risk reward ratio , good rally soon swing trade setup.
Ye bhi chala....... Paksdlo isko...... With current candle low.
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Answer is yes . But for achieving this target bank of maharastra must cross the trend line upwards with high volume then it will be confirmed that it will achieve the given target .. So, guys you can enter into this with conditions above . This is a short term target time duration 1-1.5 months .. Thank You.
Hi Guys, another one to add to your trading basket, correction is almost complete for next wave, next move can be 5th wave or third wave of 123 move, just don't get into technicalities of waves, move is very surely come, find your spot around 17.30 to 16.30. look for breakout then buy. Thanks & Take care.
Bank of Maharashtra has given a breakout from falling wage In the weekly chart and going to retest. there is an important support in 18rs, it may test that level and after that, it can go up soon keep your eyes on it.
SWING TRADE: BANK OF MAHARASHTRA, big breakout coming in this. Buy if close above 27.4
Price breaksout and reached the important resistance levels and rejected from it. Now price trying to close above the resistance levels but still it is unable to do it, when price closes above 30, then one can expect strong up movement.
#46 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also posted my views on stocks which on the verge of breakout indraprastha gas, ubl , castrol, hindustan unilever,...
AS We see huge volume buying in MAHA BANK for last 4 to 5 month and rounding bottom pattern breakout we can expect a good rally from here as volume support the price.
Bank of Maharashtra is the top candidate that has been favoured for privatisation. A big run-up is very likely to happen. Buy for 42+ levels. I’m not a certified financial advisor nor a certified financial analyst nor an economist. This is for educational purposes only.
Break Out Rally & Golden Cross : The golden cross is a technical chart pattern indicating the potential for a major rally. The golden cross appears on a chart when a stock's short-term moving average crosses above its long-term moving average. My views on BOM - PSU Banks under PCA framework of RBI like CentralBank, IOB, UCO, PSB, BOI will not supersede BOM as...
BOM has already given breakout on daily charts...also monthly charts is ready to breakout..targets expected in next few weeks/months
Inverted Head and Shoulder Breakout with good round bottom formation.