CMP: 46 - Inverse Head and Shoulder pattern breakout after Q1 earnings - >50% returns - It's facing resistance near 61% Fibo zone ✅ Narrow range candles near the breakout zone 🟢 I will look to enter above 47
MAHABANK has given Cup n Handle pattern breakout from resistance levels of 32.5 – 35 zone. Price has given breakout with good volumes. Target: 48+ SL: Daily close below 35.9
Greetings Folks, today I have prepared a setup of MAHABANK on NSE the analysis is as follows- - price is currently facing a static resistance which has been tested earlier - its very probable that tomorrow it may end up breaking this resistance - wait for retest before entering as it may also be a bull trap by institutions don't play with fire, always use a...
Fundamental analysis:- Bank of Maharashtra is a PSUBank stock which can give good returns in short as well as long term. The stock has a good dividend yield and is available at a cheap price as per PE and PB ratios. Technical analysis:- The stock has given a breakout from Inverted head and shoulder pattern. A closing above 32.45 can provide more than 10%...
Stock was recommended at levels 35-36 and given good results with great volume, play with marked levels.
Cup & Handle - Neck Line / Supply Zone at 45 Cup Height : 40 Points Target : 85 points If sustains above 85 new breakout zone !!
Long term target above 44.80 --> 58 / 71 / 80 Short term targets marked on chart. Buy - 44.80 Buy every major dip until 40. Value buy @ 35 as of today Target - 47.80 / 52.50 / 57.35 SL - No SL for long term investors / 30 Consult your FA before investing.
Bank of Maharashtra continues to trend higher as the fundamentals show continuous uptrend both bottom line and topline. Prev swing of 54 zone can be tested in times to come.
Looks like bank of maharastra is moving towards 39 if that break 42.7, lets see if that happens Target1: 39 Target2: 42.7
A bullish Inverted H&S Breakout pattern activated on the daily chart of NSE:MAHABANK . One can create a fresh position in Mah Bank at 31.50 with a stop loss of Rs. 26.50 for a target of Rs. 42.00. Exit the position if the stop loss triggered on DCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME. I AM EAGERLY WAITING FOR YOU COMMENTS ON...
Idea is Simple Invest in stocks which Breakout with Volume. Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%. Rule 1 : Exit from the trade when current day closes below previous day low. Rule 2 : Hold the Trade until the Rule 1 is not met.
BUY - MAHABANK CMP - Rs. 30 Target - 1: Rs. 52 Target - 2: Rs. 77 Target - 3: Rs. 95 . . Technicals - Cup and Handle Pattern BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Bank Of Maharashtra Charts Are good for Buying Side... Chart Given Breakout Weekly TF..
NSE:MAHABANK nicely poised for solid gains in coming months cmp is 37 gave a weekly breakout at 26 level in dec last, then achieved a high of 36, pulled back to 23 and is now rising again every dip is a buying opportunity This analysis is being done for educational and knowledge-sharing purposes. This article does not offer any kind of buy or sell advice. All...
Good Breakout on Daily charts Marubozu tyoe candle (quite strong) Weekly looks good Psu sector looks good Indicators Supporting Stop loss is imp always 33 is the fixed sl closing Follow for updates
WTF is in UT DTF Formed a VCP and BO After BO price consolidated and BO with volume RS Line, not yet making 52WH MACD Crossover
Strong VCP Pattern Playing out PSU Banks will be very bullish in the near term MAHABANK is strongly going to lead the bull run for PSU Banks
In the Weekly Chart of MAHABANK , we can see that, it has given Cup & Handle Breakout. Let it retest and then Enter with SL and Target.