Nedbank Group: Short Term Actionable Areas

Lester Davids
2 minutes ago
2 min read

Research Notes March 2026 > https://www.unum.capital/post/rmar2026

Trade Local & Global Financial Markets with Unum Capital.

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READY TO TRADE: ACTIONABLE AREAS: For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value. The blue and red horizontal lines on the chart represent a next best probability buy re-entry range and a next best probability sell re-entry range over the short term. The ranges assume no existing position being held by a trader while the probabilities are based on several factors which may include: short term rating, medium term regime, momentum, horizontal or diagonal support/resistance, candle structure, moving averages and standard deviation, among others. These are short term levels and may be in contrast to medium and long term outlooks which are based on the weekly and monthly charts and, which may be applicable to long term investors. These levels are subject to change based on sentiment, the subsequent price action and company/sector specific or macro news flow. As always, while the levels are outlined, traders should be prepared to adjust in real-time based on the aforementioned.

Previous Post (Friday, 06 March): Short Term Traders, Partially Cover Nedbank Shorts: Retreating In Line With Price Action Model (Risks Communicated)

R317 to R285

See the PRICE ACTION MODEL further below for the technical risks communicated!

Previous Post (Thursday 26 February 2026): Nedbank: Extending Gains to +47%. This is the Current Price Action Model Reading

Previous Post (12 February): Take Profits on Nedbank: Running +34% (Medium Term Traders)

Previous Post (13 November): Take Partial Profits on Nedbank: Running +21% (Short Term Traders)

If you are a LONG TERM TRADER who can stomach a pullback, then further upside may be at hand. Either take partial profits, or implement a trailing stop-loss.