MAHABANK trade ideas
Bank of MaharashtraTargets in Chart
Stoploss - 28
Market Cap
₹ 24,385 Cr.
Current Price
₹ 36.2
High / Low
₹ 36.2 / 16.8
Stock P/E
8.07
Book Value
₹ 23.5
Dividend Yield
3.65 %
ROCE
4.44 %
ROE
17.4 %
Face Value
₹ 10.0
Promoter holding
86.5 %
EPS last year
₹ 3.87
EPS latest quarter
₹ 1.31
Debt
₹ 2,44,830 Cr.
Pledged percentage
0.00 %
Net CF
₹ -1,387 Cr.
Price to Cash Flow
-16.9
Free Cash Flow
₹ -1,617 Cr.
Debt to equity
15.5
OPM last year
55.0 %
OPM 5Year
42.4 %
Reserves
₹ 9,060 Cr.
Price to book value
1.53
Int Coverage
1.44
PEG Ratio
0.24
MAHABANK - Bank of Maharashtra - Long Term Buy & HoldMAHABANK Technical Analysis :- Based on technical analysis, I suggest this stock to buy and Hold for long term for maximum profit and I am bullish in this stock
Short-Term Bearish: Recent price drops and technical indicators like the Awesome Oscillator and Average Directional Index (ADI) suggest a downward trend.
Long-Term Bullish: Some indicators show a one-week buy trend and a one-month buy signal, hinting at a potential reversal.
Do your own research before buying this stock as I am not SEBI registered person
Thanks for your support as always
MAHABANKTriangle pattern Breakout .
Good volumes.
Consolidation done .
Above all Key EMA.
Good for Short term.
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Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Bank of MaharashtraBank of Maharashtra is showing strong signs of a breakout from its 10-year range. It is recommended to keep a close eye on this stock as it has the potential to reach targets of 60-70-85+ in the short term.
This stock is exhibiting bullish tendencies and could present a profitable opportunity for investors.
A clean breakout and retest setup in Bank of MaharashtraThis trade is pretty simple. Nothing much to say beside keep an eye on volumes as volume expansion can add to the view and provide more confidence while entering.
Another important point is that the stock belongs to the second best performing sector(PSU BANKS) of 2023.
CMP 44.7
SL 42
TARGET 52(15%)
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall