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Equitus Small Finance Bank: Breakout with volume

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EQUITAS SMALL FINANCE BANK LIM (BSE:EQUITASBNK)  
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BSE:EQUITASBNK   EQUITAS SMALL FINANCE BANK LIM
Trend Analysis Volume Rectangle indianstocksanalysis stocktowatchfor stocktobuytomorrow
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trendanalysis volumestudies rectangle indianstocksanalysis stocktowatchfor stocktobuytomorrow
EQUITASBNK shows bullishness because of:

  • A clear rectangular consolidation brakout
  • High volume
  • The daily candle is bullish engulfing with the low touching the bottom of the channel (but still able to pass the mid point, near to top channel)


Trade: Buy above 58, SL: 56, T: 65/68
Sell below: 54, SL: 57, T: 51/48

Aviso legal

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