Important Banknifty Levels for upcoming days. Levels or Zones marked are based on Strong zones, and Momentum levels
For last few weeks we have been looking at indices. By the study of a particular index we then try to determine about investing in components of that index or the stocks that from that particular index. In the series we will today have a look at PSU Bank Index. PSU Banks and the index of PSU bank consisting of banks like Bank of Maharashtra, Canara Bank, CBI,...
BOI gives a good weekly break out so we can see 188 level soon
The stock has given a multiyear Breakout in Monthly and continuing its momentum strong. It has decisively broken resistance ranges of multiple years 2010,2014,2015,2017,2022,2023. One may consider to enter on current market price and accumulate on dips for a target of minimum 410.
Entry - above 52 or at 47 SL - 3% or your risk TGT - 58 -62
Bank of Baroda breakout confirmed. Keep strict stoploss.
A sector that has woken up in recent years. A bank which is still trading at fair value to its growth backed by positive earnings release Technical chart looks good for a buy setup at CMP. DMI indicates bullish strength and Fibonacci retracement shows the stock having good support at 116 levels Union Bank is my pick of the PSU banks for a medium to long-term...
Buy this gem for long term and short term profit Log term target will be double
IDBI Bank may be show a very good upside in coming days approximate 20 to 25% in few days till Budget
Believe it or not ! Strong Bullish Structure formed. Targets 🎯 are intact for Short to Long term Investment. Still can maintain SL as per your analysis.
PSU Banks look set for 10% correction. When it hits the right zones look for buys in good scripts.
RVNL has high potential to breakout . Railway stocks Rally is on the way . Iam try to accumulate 170 to 175 range . Target 200 . Swing trade Follow for more ideas . This is only view
IRCON - buying opportunity seen above 175 Breakout is given in Daily tf . We can see 185 - 195 - 200++ targets
PSU Bank Rally still remain . Huge volume is seen in PSU sector due bjp victory . Above 40 it will be rock ...
This 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%)
📊 Pattern: Rising Channel 📌 Symbol/Asset: Bank Of Baroda 🔍 Description: The PSU Bank sector is on fire, Bank Of Baroda is on Linear scale support, in case of bounce back it can touch 220 to 258 levels. 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your...