Analysis for educational purposes only. I am not a registered analyst. This is continuation of: Target reached today 24th Jan. what next? Possible options: - exit fully - exit partially How to plan for exit? - Is there another target nearby? Yes there is. Join previous HH in monthly chart. - Do we see a breakout in another timeframe? Price is close to...
📊 DETAILS Sector: Bank - Private Mkt Cap: 5,828 cr South Indian Bank provides retail and corporate banking, para banking activities such as debit card, third party financial product distribution, in addition to Treasury and Foreign Exchange Business. TTM PE : 6.37 (Average PE) Sector PE : 25.57 Beta : 0.77 📚 INSIGHTS Mid-range performer Stock...
With good news coming via better valuations + low net NPA's. Long at CMP and add further above 35/36. (ATH breakout) This is more an investment pick. Keep a trailing SL at the 50EMA.
NSE:SOUTHBANK Monthly Time Frame Rounding Bottom Chart Pattern 6 Saal Baad Price Ne Life High Break Kiya Hai.
First it was in a parallel zone then it broke but did not sustained upside and came back back to zone but this time it has broke the zone with high volume likely to continue upside momentum.
Analysis for educational purposes only. I am not a registered analyst. A Higher High Higher Low structure on price action is considered as an uptrend. - In the daily chart, we see a breakout of previous Higher High. - Wait for Higher High retest and enter somewhere close to it. - Cannot expect a stock to test the exact same value. - Set SL as previous HL or in...
SIB - After long consolidation in a channel that got broken with volume. We can see 35+ immediate and once it crossed the target is open till 100+ mark in mid term to long term
Chart Analysis: The banking stock in focus has been on a solid uptrend, showcasing consistent strength in recent sessions. After a healthy retracement, the stock has now initiated a new momentum move, providing an enticing entry point for traders seeking short-term opportunities. Technical Indicators: Uptrend Confirmation: The stock's established uptrend is a...
Chart Analysis: The banking stock in focus has been on a solid uptrend, showcasing consistent strength in recent sessions. After a healthy retracement, the stock has now initiated a new momentum move, providing an enticing entry point for traders seeking short-term opportunities. Technical Indicators: Uptrend Confirmation: The stock's established uptrend is a...
looks good on the charts, the stock has been basing out and looks like breaking out strong. shakeout + base n breakout weekly + good vols
TREND - NEGATIVE PRESENT ZONE- Rebounding from demand zone 1. FORECAST -As per ZONE must cross above prev high.but will encounter lots of supply zones. requires gap up or positive news flow. MY TAKE- caught between supply and demand zones.Grinding expected with negative bias. (Note-only make entry at DEMAND ZONE's & Exit at SUPPLY ZONE's for...
Triangle breakout formation Breakout with volume spurt Trading above EMA50 RSI near 70 and rising
previous month narrow range R1 break out going to happen
TREND POSITIVE above weekly,daily DL PRESENT ZONE-Between S1 & S2. SUPPLY ZONE 1 taken out with good volume. But above weekly supply zone 2 & S3,S4 are there. Below Demand zones 1,2 formed FORECAST -as per ZONE lot of effort required to go up. MY TAKE May slowly go up to S2/S3. SUPPLY & DEMAND ZONES Only check SUPPLY & DEMAND Zones.Tension Free NO...
supply zone taken out today convincingly to target next supply zones t1,2,3
Greetings Folks, today i have prepared a setup of SPUTHBANK on NSE the analysis is as follows- - The price made a minor change of character - its not speculating in a famous pattern used by retailers - my current bias is bullish, so i am looking for bullish breakout don't play with fire, always use a predefined stoploss
KEEP AN EYE ON SOUTH INDIA BANK. BREAKOUT CANDIDATE. For educational purpose only. Not a Buy/Sell recommendation.
South Indian Bank has made significant strides in recent years to regain its lost position in the banking sector. The bank has improved its financial performance, strengthened its balance sheet, and expanded its reach. It is now well-positioned to achieve new milestones in the near future. One of the key technical indicators that suggests South Indian Bank is...