EQUITASBNK : Going BullishEQUITASBNK: As per chart at Weekly timeframe, it seems this stock is about to break the neckline of Double Bottom pattern (Bullish).
Weekly TimeFrame:
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If you see the daily time frame, it has already given a breakout of the trendline.
Daily TimeFrame:
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We can enter to buy the stock for a medium to long term view once it is breaking 103 level. The first target will be 116 and then 133.
EQUITASBNK
EQUITASBNK - Ichimoku BreakoutStock Name - Equitas Small Finance Bank Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 105
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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EQUITAS SMALL FIN BNK LTD (Swing):EQUITAS SMALL FIN BNK LTD (Swing):
Chart of Equitas SFB is set for a 20-25 % up move in the following days.
Keep adding between 89-94 with a SL around 82-85.
Appropriate support, resistance levels are highlighted with target.
Note: Do your own due diligence before taking any action.