Bandhan Bank View - a slow and sad momentum but bright future

My target for this is 470++ but not very soon. If you want to hold this one for 2 months, this can go big. I have marked path for it.

There is a possibility of trend change marked in green, if that happens then we will do another study, but overall Target 470++ looks good.

• Target 470++ in next two months
  

Trade active:

Bandhan Bank is moving towards our target and has passed a good resistance built-up. We continue to stay in trade for target of Rs. 470++

Note:
1. Stop Loss moved to 365 level

Trade closed: stop reached:

Stop was reached. Re- enter only after it breaks resistance around 365++ for target of 470++

Trade active:

Trade active now, there is a chance of entering wave 3 in smaller time cycles. If this is correct then above charts will be read again.

Comment:

New Target 375 - expected dates around May 19th 2021

Trade closed: stop reached:

Price has moved below our stop loss. We will follow our first chart trend for now.