BANK
Long the BanksSPY looks to have regained its bullish edge over QQQ in the near-term, I expect banks to lead the pack on the breakout / short squeeze.
#DCBBANK #DCB #BANK #NIFTY #BANKNIFTY #BANKING #INVEST #EQUITY#DCBBANK has reached its long-long time support cushion.
Expect a quick pickup from here.
RSI in over sold zone.
This is not passive investment.
Active Investment. As moving averages are far.
Risky But Expect a great return of 30%.
Charts show a bullish hammer. Trend reversal expected.
Stop Loss will be at 53 as the stock follows the sector, and sector indices are in falling trends.
High Return / Risk.
SBIN breakout trade ideaSBIN in close range breakout above 201 with following to volume may lead to good trade
As long as RSI supporting above 50
USDWTI H4 - Long Trade SetupUSDWTI H4 - Manic market behaviour off the back of Powell's talk earlier on today, nice break and retest here on western texas, looks like we could be gearing up for the next move upside, effectively looking to push that H4/D1 channel resistance. Manage to find support even after the USD volatility.
GBPUSD H4 - Long Trade SetupGBPUSD H4 - Still creeping higher after a reversal threat, initially pushed 1:1.75 off the initial bounce, before correcting and dumping, partials taken and stopped in profit with the remaining position. Managed to get a late re-entry after fresh highs broke on the hourly.
CADJPY H4 - Long Trade SetupCADJPY H4 - Finally broken the neckline resistance we were following last week, solid break of 80.300, now looking for a retest of this region to jump in with a long position
Bank Nifty Trading Strategy for 18th Aug'2020PLAN YOUR TRADE ACCORDING TO MY POINT OF VIEW
100 % WINING CHANCE
Strong buy Santander BankI don't invest in banks but... this stock was downtrend since May 2017, so i have detected a double bottom in the lowest level, now it keeps consolidating and probably it will change the trend.
The next level: 3 per stock
BAC personal recommendation- Warren Buffet has recently purchased many share of BAC
- This is really good trend to Buy banking stock now since technology (nasdaq) is getting correction, due to long bull run.
- Last two days, people tend to buy more stock on NYSE & Dow Jones ( Cruise, Airplane, Bank, Restaurant and Casino stocks )
