BANK NIFTY SELLING ZONE NEAR 43000Tradeline chennal indicate show brekout ,
Selling presure seen near 43000 level.......
BANK
Bank Nifty AnalysisBank nifty is near support. Tomorrow's Market may open in a Gap Down situation. Market will be bearish , as it just reversed from the resistance present on the one day chart. As I am new so keeping this post in a neutral side.
SI Silvergate Capital going to $0???If you haven`t sold crypto`s favorite bank, SI Silvergate, here:
Then you should know that Silvergate Capital Corp, the parent company of Silvergate Bank, announced its closure and liquidation of assets on Wednesday.
Shortly after, New York state banking regulators closed down Signature Bank to prevent the fallout from the failure of Silicon Valley Bank.
Lawyers representing plaintiffs in a class action lawsuit by FTX customers against 18 defendants, including Signature and Silvergate, claim that these events will severely limit the amount of money they can access if they can prove the banks are responsible.
Kerry Miller of Fishman Haygood, whose firm filed the lawsuit in Miami federal court, stated that FTX customers may have to rely on insurance policies covering the banks' top executives and board members since these events impose another hurdle.
Haven`t seen any bidders for it, or other banks supporting SI SIlvergate.
Most likely to file for bankruptcy and go to $0.
Looking forward to read your opinion about it.
JPM JPMorgan Chase Call OptionsIf you haven`t sold JPM here:
or here:
then you should know that JPM JPMorgan Chase seems to be most capitalized bank in the US, ready for the economic hurricane that its CEO, Jamie Dimon, predicted.
Most business and retail clients will move their funds to JPM after this bank run.
Looking at the JPM JPMorgan Chase options chain, I would buy the $140 strike price Calls with
2023-7-21 expiration date for about
$3.95 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
BAC Bank of America Medium Term OptionsI think BAC Bank of America is one of the few beneficiaries of the small banks bank run that we are witnessing today.
Big banks are the safest places where you can place your money right now.
Looking at the BAC Bank of America options chain, i would buy the $30 strike price Calls with
2024-1-19 expiration date for about
$2.85 premium.
Looking forward to read your opinion about it.
WFC...DT (8M/10H)ADDTIONAL INFO:
Big Picture appears to be a downtrend. Here are a few opportunities to capture the short
If you don't have access to leverage to short, then I'd just wait for the opportunity to Buy @ 6.85 — which will, unfortunately, take a few years. But you should be ready by then...LOL.
SLO @ 46.25
SSO @ 37.70
TP1 @ 33.50
TP2 @ 25.80
TP3 @ 8.00
BLO @ 6.85
ALLY...UT (5D/3D)SLO @ 49.66
TP3 @ 47.33 (shave 50%)
TP2 @ 38.85 (shave 50%)
TP1 @ 25.50 (shave 50%)
BLO @ 17.00
Axis Bank is a bullish?What do you guys think about Axis Bank
Im assuming it's a bullish signal & time frame is used is daily, thank you for your feedback....
signature bank. SBNY$SBNY market maker has to get paid. Stoploss hunt is in order, if this baby is gonna go up. So highest volume trading is 0.1840. Lately the Market maker likes 0.18 for support, and 0.22 for profit taking. 18-22 right now. Not sure how far the mm wants to drop this. There is a liquidity candle down at .11. Anchored vwap support is .1530
Accumulation play for me. No stop.
CNO to continue in its selloff?CNO FINANCIAL GROUP - 30d expiry - We look to Sell a break of 20.29 (stop at 21.31)
There is no indication that the selloff is coming to an end.
The move lower is mixed and volatile, common in corrective sequences.
A break of the recent low at 20.36 should result in a further move lower.
Daily signals are bearish.
News events could adversley affect the short term technical picture.
Our profit targets will be 17.81 and 17.31
Resistance: 22.00 / 22.61 / 23.00
Support: 21.20 / 20.36 / 20.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
GBPJPY Technical Analysis 29.03.2023 1h chart– Previous Daily candle closed weak Bearish forming weak Daily Resistance around 161.540.
– Buys on close above 161.770 targeting 30min previous Support formed on 22nd March 2023 at 162.240, Leaving Runners to the next 30min previous Support formed on 22nd March 2023 at 162.600.
– Sells on close below 161.180 targeting 4h Support at 160.850, Leaving Runners to the next 4h Support formed at 160.170
– Buy targets remained the same as the Analysis posted yesterday (Tuesday) as price have respected the level of Resistance marked on the chart.
bulish bankniftybanknifty look like move uppside so long banknifty
banknifty brackout trendline and move uppside
keep a stoploss 39250 for target 39600 to 39700+
risk reward ratio 1 : 2.5
this best for long position in banknifty
Will Morgan Stanley Bank continue in selloff?Morgan Stanley - 30d expiry - We look to Sell a break of 83.18 (stop at 86.32)
Short term bias has turned negative.
There is no indication that the selloff is coming to an end.
This stock fell 6.5 % last week.
A break of the recent low at 83.28 should result in a further move lower.
Short term MACD has turned negative.
Our profit targets will be 75.33 and 73.33
Resistance: 89.18 / 92.00 / 93.50
Support: 87.00 / 83.28 / 81.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
FRC First Republic Bank Price TargetFRC First Republic Bank received uninsured deposits of $30 billion on Mar 16, 2023, from 11 banks of the country: Bank of America Corporation BAC, Citigroup Inc. C, JPMorgan Chase & Co. JPM, PNC Bank, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, State Street, Truist, and U.S. Bank.
I know it`s a risky trade, but i believe this recue package puts it in a lot better situation that CS Credit Suisse Group.
My price target for FRC First Republic Bank is at least $30.30 and maybe $52.20.
Looking forward to read your opinion about it.
WALgood tight risk for long if opens tight to range. looking for continuation off this oversold bounce
XAUUSD Market ViewThe price movement approaching the resistance area with decreasing liquidity indicates a reduced enthusiasm of market participants to buy. This is also supported by the decreased concerns caused by the Silicon Valley Bank & Signature Bank incident. Therefore, it can be concluded to prepare for a selling position.
JPM Wave B top see fractal 1986 to 1990 The chart posted is the first part of what I see as a Fractal Design back in 1986 to 1990 Recession I will post that as well
SBNY Signature Bank next to Collapse? If you haven`t bought those 5X puts:
Then you should know that Signature Bank's stock experienced its worst day on record following the collapse of SIVB Silicon Valley Bank and SI Silvergate.
Due to high volatility, trading was suspended earlier in Friday's session, and the stock has continued to decline for five consecutive sessions.
This downturn was triggered by the closure of Silvergate, the second major bank serving digital assets companies, as well as the regulatory shutdown of Silicon Valley Bank, the 18th largest bank in the United States.
It has been reported that Signature Bank had exposure to FTX.
I am still bearish on the company and i believe it will reach the $34 - $63 area soon!
Looking forward to read your opinion about it!
Guide to adjusting your brain to a bank run, short everything?
We're entering the phase where potential bank runs will occur, meaning "experts" will start shorting everything heavily including Bitcoin.
But the question is if Bank deposits aren't safe? can't withdraw funds? where do you go?
Gold? possibly if you trust paper gold, Bitcoin? decent choice, stocks? well at least you own the certificate of ownership that can be protected.
17,610 bn of bank deposits yes that is 17.6 trillion currency in "oh no my money mode" people want to know how gold can hit $5,000? how Bitcoin can hit $500,000? gamma squeeze.
Let the games begin!
www.youtube.com
SBNY Signature Bank exposure to FTXOn December 21 Fitch Ratings revised Signature Bank's (SBNY) 'BBB+' Long-Term Issuer Default Rating (IDR) Rating Outlook to Negative from Stable.
On Jan 10, a team of analysts led by Ken Usdin downgraded SBNY Signature Bank to Hold from Buy, and slashed their target price to $124 from $185.
SBNY Signature Bank said that it had an exposure to FTX of less than 0.1%.
They also announced a reduction is crypto exposure, of which Jefferies analysts said:
“Signature Bank’s decision to shrink its crypto deposits by $8 billion to $10 billion and replacing with wholesale borrowings at 4.25% will drive a significant net interest margin reset in the coming quarters,”, which is a key profitability metric for banks.
Looking at the SBNY Signature Bank options chain ahead of earnings , I would buy the $75 strike price Puts with
2023-6-16 expiration date for about
$4.45 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
