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Banking stock

Discussion in 'Technical Analysis' started by yankeedin, Jan 4, 2015.

  1. yankeedin

    yankeedin Responder

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    Bank nifty has given breakout above 18950. Seems will move ahead to new highs... Some banks following exactly the same pattern..

    Axis bank.. SL of 485 can be used to buy @ cmp 514 Target 530-535
    Indus Ind bank.. SL of 770 can be used to buy @ cmp 815 Target 845-850

    Yes bank.. SL of 740 can be used to buy @cmp 792(this stock and indus ind already moved up from breakout.. may be we can wait for some time) Target 820-825
     
    yankeedin, Jan 4, 2015
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  2. shabbir

    shabbir Administrator Staff Member

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    Looks like market is consolidating and individual stocks and sectors are on upbeat.
     
    shabbir, Jan 5, 2015
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  3. yankeedin

    yankeedin Responder

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    indusind and yes bank both hit the predicted target range.
    Had position in yes bank only :party:
     
    yankeedin, Jan 15, 2015
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  4. shabbir

    shabbir Administrator Staff Member

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    Party time.
     
    shabbir, Jan 16, 2015
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