This is the analysis of MAHABANK in Daily Time Frame. Watch carefully. The chart explains itself.
Earning reports will be disclosed on 16 jan 2024. If result is good and price sustains above 50 then it will good for stock. Keep eye on this stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About MAHABANK :
Bank of Maharashtra engages in the provision of banking products and services. It operates through the following segments: Treasury, Corporate/ Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment includes investment, balances with banks, and interest accrued on investments. The Corporate/Wholesale Banking segment focuses on all advances to trusts, partnership firms, companies, statutory bodies, and individuals. The Retail Banking segment offers exposure to entity and concern. The Other Banking Operations segment provides all banking transactions not covered in other segments. The company was founded on September 16, 1935 and is headquartered in Pune, India.
Earning reports will be disclosed on 16 jan 2024. If result is good and price sustains above 50 then it will good for stock. Keep eye on this stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About MAHABANK :
Bank of Maharashtra engages in the provision of banking products and services. It operates through the following segments: Treasury, Corporate/ Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment includes investment, balances with banks, and interest accrued on investments. The Corporate/Wholesale Banking segment focuses on all advances to trusts, partnership firms, companies, statutory bodies, and individuals. The Retail Banking segment offers exposure to entity and concern. The Other Banking Operations segment provides all banking transactions not covered in other segments. The company was founded on September 16, 1935 and is headquartered in Pune, India.
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More than 23%
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