INDIAN BANKLong for 10 days
Buy 139-141
Sl- 133.65
Tp- 155.15
Technical description
Rate of change positive
MACD signal change
ADX range bound
Stoch natural
RSBI positive
RSSI positive
SRS positive
ARS positive
INDIANB trade ideas
Buy at all dips.Bullish momentum.2Year Rounding bottom formation.Buy at cmp-136 with SL of 120. Target-154,200,280.
INDIAN Bank - Rounding Bottom BORounding bottom breakout in Indian bank @152-153, according to Fibonacci and previous resistance levels the price can climb upto 200 with resistance 166, 180 and 185. 200 is not far.
Disclaimer - This is just for educational purpose and not a trading or investment advise.
INDIANBANK - Fib 0.618 BreakoutAs on 23-05-2021
Fib 0.618 breakout
Volume > Average on Breakout
RSI > 70
FBS Bottom Negated as 0.618 broke out with substantial volume
Full Body candle
< 20 % Selling wick
First Target of 156 lvls
Indian Bank - Bullish StructureIndian Bank looks in good shape. It looks like forming a Cup with Handle pattern on weekly chart and volume spurts are supporting at moment.
My setup would be like -
Entry - CMP
SL - 10% approx.
Target - 15-20% approx.
Timeframe - 3-4 months max.
Note:
Please note, I am not a SEBI registered and this study is not a TIPS. Please consult your financial advisor before actual trading.
Indian Bank BullishThe Stock is looking strong
Giving a rounding bottom breakout
Buy above 74
For target of 90-95 levels
Stop Loss of 62 on closing basis
60% fall in the coming days refer chart for details
investors can book their profit
stock is in absolute downtrend
averaging wont be a good option in this stock
Indian Bank STRONG BUYBUY Indian Bank at CMP , SL :205, tgt : 225-235 till feb end expiry
MACD crossing the signal line......
#INDIANBBullish Wedge
Reversal Confirmation
Strength with 2 BH>50%CH
Momentum CCI crosses 100
Alignment with EMA 5 > 21 > 55
Target 371 / 389
SL 290
Indian bank-in infliction point for some good gainsDisclaimer... not invested,
this is not an investing/trading recommendation
INDIAN BANK NSE is in its resistance zone.The price of Indian bank should start falling since it is in its resistance zone .
Bulk traders BUY INDIAN BANK CMP 283-280 SL 268 Target 340 , 36Bulk traders BUY INDIAN BANK CMP 283-280 SL 268
Target 340 , 360
1-2 Month time
Indian Bank at Long Term Investment ValuationThe retracement has been done below its intrinsic valuation due to weakness in overall bank sector. I believe this stock is a fast grower and at this valuation it is great buy.
