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Traders use Wedge patterns to identify potential trend reversals in the stock market, with two types of wedge patterns, rising and falling, providing different signals depending on the breakout direction. Let’s talk about the falling wedge pattern or the bullish wedge pattern over here. Understanding the Falling Wedge Pattern A falling wedge pattern is a…
Turnover in SENSEX and BANKEX derivatives contracts crosses Rs. 10,000 Crs with an OI value of over Rs. 1350 Crs
SBI has given a return of hoping 145% in the last 5 years. Whereas the Bank Nifty index has given a return of 69.67 % Brokerage houses are giving thumbs up to SBI Bank. Kotak Institutional Equities expects SBI to report a net profit of Rs 15,889.7 crore, up 74 percent on-year, and 12 percent…
If the price moves above the upper band, it’s a signal to buy. If the price moves below the lower band, it’s a signal to sell.