momentum stock

quaterly portfolio 
race to 4 digit 

20-10-2022

AXISBANK 

"rise of interest rate is a positive move for banking industry  banks looks more vital than ever 

Axis bank outperforming in bank sector for a week now the stock looks ready to tag 4 digit CMP- 816 icicbank the leader for the year in banknifty looks tired at 900 axis bank looking to take over icicibank my bet is axis might touch 4 digits before icicibank an outperformance can be seen on this counter

potential target
1100 3 month
1200-1250 4-6 month

technical values
CCI 34(d) 112
CCI 34 (w) 135

till both readings are above 100 stock will be in momentum to give an upside impulse to stay in

use CCI 8 (d) 0 to -100 zone to enter the dip as this journey of 350-400 points will give dips to enter

CCI 34 d +100 buy (triggers buy )
cci 8 d -100 ( long on dip )


SL CCI 34 w -0



IDFCFIRSTBANK


idfcbank in hyper momentum on weekly charts giving fresh bo above 55 2-day closing
strong number backed with good buying seen around 45-50 zone stocks is ready for ath 
extension target around 91 -110 in the 6-month time frame 

CMP 57.50 

use CCI 8 daily 0 to -20 zone to enter long on dips 
swing target 71 
short term target 91 -110 

sl CCI 34 W >100


INDUSINDBANK

Indusindbank sustaining near 52wk high strong accumulation seen in the counter just below 1200 zone 

20% upside possible in 3 month time frame from current levels however look to accurate when it goes below1 1200 

cmp-1218

cci 34w 135 
entry on dips when cci 34d near 0 

sl cci 8 -100 level 

target zone 

1333

1414 

accumulation zone 1200 -1150 




AADITYA PRATAP SINGHH
stock trader , tickerwave editor