Uco bank facevalue 10.. wave.......#denimpositional

Ucobank....... it sounds that we shld avoid...True.. it was in correction mode after wave 1 rock ...from 2000 to 2011 15 to 150+++ A 11 year journey n seen correction 5.5years.....

*Now technical front stock rising abv 200dma.. n at 37+..*

*Npa r sold off .. 2016 year was of loss every quarter ..though sales rised...*

*Recently raised bonds 1100cr which Lic will buy... credit growth ahead is good... bad loans factored in...* 

*37+ expecting 60-78-88- at 88 some timebased consolidation n brkouts for 160..  235--305---  span of 2-5years ... 1-2.5 yr it will take to reach 160 n frm 160-300 another 3 yrs...*

*With impulse wave goods news to come...

Facevalue 10 means eq r same frm start*

#denimpositional #ucobank

Just for study... follow ur investment advice if u invest.....

#NIFTY #BANKNIFTY MOVEMENT N WEEKLY CLOSING DAY 7APR 2017

!!Om namo Lakshmi Narayan Namah!!

Good morning friends yesterday all 3-4 strategy rocked as expected 100% ..nifty after open touch dot lows 21535 made 100 pt... then 12.30-2.40 puts rock made double then 2.40 longs in 21600ce at lows hit tripple...

Now for 7apr.. as weekly close.. n day after rbi policy

*Opening red below 9250spot n 21590 below*

*Fast up down after open *

* 9.30-11.35 down 9249-35-9200-9188 r sup level after 1 level breach next is possible till 11.35

Banknifty 21595/510/445-378 r levels
Till 11.35 downside play at levels mentioned

*after 11.35 am upside 50-80-120-140-230pt banknifty n nifty 30-60pt frm lows

* ALL VIEWS FOR STUDY PURPOSE FOLLOW SEBI GUIDELINE IF U TRADE*