UJJIVAN SFB looks to be taking a support and might revert back to 60 levels where it used to trade, this would probably be done when interest rates are reduced which are not far now as we know. Once the stock reaches back to 60 levels, it would have completed a cup and handle pattern which upon breakout could possibly lead to larger targets!!
Indusind bank make Pole and Flage Pattern on weekly chart, entry after breakout and retest.
Analyzing the Deutsche Bank AG on the German Stock Exchance XETR, we observe a repeating pattern involving two trend channels. In both instances, the trend channels were respected and behaved as expected. In the first case, the price exited the trend channel and then retested it almost perfectly. In the second instance, the price overshot the trend channel...
#YESBANK Bought some Yes Bank @₹21.65/- Broke out after > 3 years of consolidation. I like this because, the upside target that I have is about 45-50% and the invalidation is simple as well (a weekly candle close back inside the channel)
CUP PATTERN Entry Price - 100 SL - 80 Targets - 120,140,170 In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to...
After trading in a range from $4-$8 for the last 14 months, we find ourselves now with the possibility of turning the box marked with bulls into a support/buy zone. If we can get confirmation and continuation on this into next week or even just the markets hold up Monday i would expect at the LEAST to revisit the recent high. Making for a nice quick play. However...
DPST was down in April, consolidated in May and is now parabolically rising and had a price split in recent days.On the one hour chart, price is rising along the quickly after a pivot on June 1. Price is well above the POC line of the intermediate term volume profile showing buyer strength The relative strength on the RSI indicator is flat over 80. I will...
Today on 29 May 2023, Bank Nifty broke its 2 week range and created a new All-Time high. Until and unless, Bank Nifty does not closes back below 44140, bullish view on Bank Nifty remains intact and we can expect price to continue to go high. Since, the bullish breakout happened after 2 weeks of consolidation near ATH, the breakout can be considered...
EPS at all time High, Stock waiting to catch up. The intrinsic value of one JPM stock under the base case scenario is 185.05 USD. Compared to the current market price of 141.7 USD, JPMorgan Chase & Co is undervalued by 23%.
DBS is positioned uniquely at the intersection of both India and China to gain from growth in both countries. Facilitating capital flows out of China, continued rising footprint in India, digital asset presence, a trusted bank in Singapore which is emerging as the Swiss of Asia, DBS has more than one source of tailwind powering its upward flight. Specifically,...
OANDA:XAUUSD Gold , Is trading in immense bullish trend since last 8-10 day's Market now touching lower trendline , breakout will make it extreme down 3 target's are set as tp's 20,50,200 ema as target's set ❤️ Please, support my work with follow ,share and like, thank you! ❤️
CIMB came closed to its all time high price @ 6.180....Rate hiking “temporarily” halted?..Or?...
Hello and welcome to this analysis ICICI BANK on daily time frame has initiated a Bullish Harmonic Reciprocal ABCD pattern. It could bounce back to 925-935 if it does not break 898 Bounce candidate in a lower time frame oversold scenario
This stock has been formed like rounding bottom chart pattern and done breakout with good intensity of volume in weekly chart, along with many more positive signs aligned with same bias in Macd, Rsi, Dmi adx, Bollinger band etc. This whole scenario is suggesting that this stock could be an investment pick, all the key levels are mentioned in chart with Stop-loss...
I am very bullish on this Stock. Daily heavy volume generation, with forming Lower price consolidation range. Now this is the time to see this for long term perspective. Views are personal and solely for educational purposes.
Nifty Bank Index if break out below 33400 this index come down upto 32000 very soon
Hello and welcome to this analysis on STATE BANK OF INDIA On FEB 15, it showed a very strong reversal after 5 days of steady decline from 550 to sub 500. Currently on the hourly time frame it is completing a bullish flag and pole pattern suggesting upside levels of 535-540 as long as it does not break below 510. Good Risk Reward set up here
Get ready for a long position! Since bearish short-term is strong only enter a short position if a weak bearish or a bullish daily candle come into being in next few days. Beyond the technical: (do your analysis, I’m not educated in the case of fundamental analysis academically) Fair Price to Intrinsic Value: 0.66 which is a great score! To summarize my...