Someone who bought this share in 2003 expecting better prospects but got stuck in 15 years cycle which it is passing through at present.
It is 2018 & you have already spent big part of your effort, patience & expectation in this stock since last 15 years & you are about to give up when good times could knock at your door soon.
One has to go through...
This is a case study, which is a part of my learning experience for future records
not an investing/trading recommendation
details of the small accumualtion and distribution and further time line to b updated below and continued as a study
For reference, this is 1994 edition of Jim Forte's "anatomy of trading...
I hope you can now see how VIJAYABANK CHART Pattern represents an excellent low risk profit entry setup allowing you to trade. Hence the low risk profit entry setup. You will also have seen with the correct price analysis you can determine your entry and exit with high levels of accuracy ensuring the risk/reward is always in your favour..
Thanks for reading ,Good...
there might be chances of stock price going up if this merger take place as this will benefit vijaya bank as well as dena bank. because dena bank has very good market in maharashtra and vijaya bank has good network in southern part.
Previously i was expecting bounce from 62.80 but price failed to hold , Now i am not looking reversal until price makes to 54.20/52.90
The terms buy will never change , price reversal on 1 Hour with taking out previous Red candle High and close above to confirm the reversal
Scrip has gone through descending triangle formation from 52 week high resistance as it has seen sufficient bearish pull. Breakout goes up or down is to be decided
Going below 65-67 support level would take more selling pressure or the scrip can stride up towards resistance levels
It can go up as the company has Dividend Payout: 24.03% due to which masses would...