After a stellar half decade post Covid, the shares of Public Banks have shown signs of exhaustion. But, the underlying companies are in good financial shape and posting record top and bottom lines. I still believe there is a lot of steam left in the like of Canara, BoB and SBI. I can see these stocks and the whole index turning back and hitting record highs in...
Looks good on Charts. Volume Buildup seen in all PSU Banks. Above all Key EMA. Short term target 77 , 92. Do Like ,Comment , Follow for regular Updates... 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...
multi year breakout beckons.. can go really high.... we will take it step by step. TP 1 first then we will reassess
--> Prior Uptrend of 88% --> Consolidated for 6 Weeks with Low Volumes --> TTM Squeeze --> Fundamentally Strong PSU Stock --> Very Undervalued (P/E of 7)
This PSU stock has made a bottom on 25th Oct after completing a zig zag correction starting 11th Sep. This particular bottom shall be considered as a wave iv bottom of an ongoing impulse wave that began in April this year. The stock is now expected to take off in wave v towards 170 zone providing a good 30% upside potential. The Oct bottom of 128.5 can be used as...
As per the Annual chart, Wave 1 is a 3 Wave Sequence structure, Wave 2 has retraced Wave 1 by less than 100% which suffices the Rule of the Wave 2, Now Wave 3 is forming now according to the fibonacci extension levels Wave 3 extends to 161.80% of the Wave 1 that way the Target for IOB is 367.20
IRCON - buying opportunity seen above 175 Breakout is given in Daily tf . We can see 185 - 195 - 200++ targets
PSU Fertilizer sector on radar ⚡ Buy at 131 level huge volume seen in fertilizer sector Target 146 +
Company is a funding arm of the Indian Railways for mobilizing funds from domestic and overseas Capital Markets. IRFC is a Mini Ratna I and Schedule A Public Sector Enterprise under the admin control of Ministry of Railways, Govt. of India. Clientele: Company extends loans to other entities of MoR, viz., Rail Vikas Nigam Ltd and IRCON International Limited. We...
REC is testing patience but now it seems consolidation at lower timeframe is complete. Daily closing above 125 will trigger a quick move towards 138-140 zones .Good Risk to Reward setup for May month.
NSE:HAL Looks very weak in all higher time frames. 1] At Monthly time frame it is a clear Bearish engulfing pattern. 2] At Weekly time frame it is having a head and shoulder pattern. 3] At Daily time frame it is clearly completed a head and shoulder pattern. The volumes are dried during the phase of H&S and started to pick heavily during down days. 4] Neckline...
Short Term POV: Another PSU Bank with Upside of 30% possible. Yellow Lines to Watch out ! Breakout with Good volume may be seen. NSE:PNB
This stock seen good price volume action. Crossed the the resistance level 98 Continuous making H-L pattern. Ready to complete the round bottom pattern. #gail #stockinfocus #breakout
Ircon international a government company looks good for positional and 2x swing tgt A very decent pick amid pre and post budget 2023 Having a resistance at 66 if breaks 66 it can head for 80rs levels Volume building up slowly slowly Ask your financial advisor before buying Only for educational purposes
CANARA Bank has posted highest ever net profit, Money is being pumped into public sector banks,Also Public sector banks have been regularized properly by RBI, And for any big loss RBI is always there for rescue. Strong support from government makes public sector banks a great value buy.
SBIN Channel breakout with bullish OI SL 524, high volumes
Keep this stock on radar... Good Breakout with huge volume seen past week.... Stock might retest its breakout ... One should accumulate some qty at 65 thn at 62-60... Can easily give target of 75/80 in Medium term
Hello and welcome to this analysis for medium term in NTPC As per Ichimoku study it has given a trendline breakout suggesting accumulation between 135-145 for an upside till 200. The view would be invalid below 115