BANK
Axis Bank on a strong Trajectory !Axis bank seems to be on good strong trajectory after it has recently filled up the downfall in lesser than the duration of the fall. The recovery not only showed the strength but also builds confidence that the stocks fails to move down even the big red candle with high volume. Stock was able to lift the price beyond it and now is trading in range bound fashion with rising triangle type patter on daily. However the important thing is that we see good volume with price rise and POC being a crucial level which the price tested and respected. Stay tuned to witness the spurt.
HDFC BANK PRICE ACTION TRADE SETUP !Hello! Friends,
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We are riding on 3rd Extention wave which is retraced by 0.0382 fib level And Now its making head and shoulder pattern, break neckline @1040 Level Stocks might move toward 1100-1200-1300 Level
Bearish Below CONTROL PRICE
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EmiratesnbdI dont trade this stock, however my followers trade this one so i do the analysis for them. I did mention in my previous analysis to wait for the buy signal to go long on this one.In thursdays session it made a nice bullish bar right at the support level which gives us a indication that bulls are here and interested to buy this stock. More upside expected.
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Bank Nifty Weekly Analysis with Elliote wave + Price Action !Hello, guys welcome Back My self Ravindra,
Guys please if you like my analysis then like it takes hours for making No more words Please.
When you analysis Through elliote wave, Wave 3 is done at 22000 Level which is approx 0.0382 Fib level Its confirm when you making internal wave in 3 rd wave Which is at 13000 So we can consider this as wave 4 Now According to Elliote Wave after wave 5 we see a major fall in bank nifty Around 16000 Points Within weeks does it was a corona effect? I don't think so Because Price has fallen in the first week of January when there are no corona cases in India, Price has fallen until the last week of march When worldwide economy down Stocks moves In a positive direction.
According to technical analysis, we have done our 5 th elliote wave at 33000 levels ( We Have done our impulsive Wave )
, Now price is riding on a corrective wave A, B, and C According to my view we will see 23000 levels in bank nifty in upcoming weeks if it will retrace 50 % Then we will see even the price of the bank nifty at 25000-27000-30000 level in upcoming.
I am not taking any fundamental analysis So Trade with proper knowledge
What did you think why the price rising in this bad economy?
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$BA Boeing Technical Setup
Stock may have formed a Pennant which is now reaching its apex.
Key levels to watch -
$187 remains a pivotal level to hold as support.
$198-$200 crucial resistance for the Bulls to reclaim.
$212 Horizontal resistance | price Target
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EU Bank sectorle secteur bancaire est sous pression (trop?) de mon avis, j'estime qu''il n'est pas responsable de la crise sanitaire et que sa volatiration actuelle est intéressante tant sur la partie dette que sur la partie action.
L'indice EU du secteur, a casser les plus bas de mars 2009 pour les refranchir ensuite de manière impulsive (trop vite) ceci nécéssite une consolidation latérale pour ensuite donner un mouvement impulsif afin de rejoindre les plus bas précédents.
HSBC Triple Bottom Dating back to 1996 $XLF $HSBC $Bank $JPM
Why HSBC?
HSBC Triple Bottom Dating back to 1996, they got a lot of cash on their books too so fundamentally, they are worth around $26/share.
although they had shady practices n the past, if you want to pick a bank for long term investing, this is good value overall.
Entry $23 area
stoploss $20.90
1st target $24.4
2nd target $26
3rd target $32
What is Hsbc?
HSBC Holdings plc provides banking and financial products and services. The company operates through Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking segments. The Retail Banking and Wealth Management segment offers personal banking products, such as current and savings accounts, mortgages and personal loans, credit cards, debit cards, and domestic and international payment services, as well as wealth management services, including insurance and investment products, global asset management services, and financial planning services.