Bandhan Bank is trading near it's support zone and looking good when it comes to Risk & Reward. Buy in small qty @ 214 and add if comes lower until sustains above 180 on the closing basis. Happy Trading!
As per analysis, NSE:BANDHANBNK is trading at demand area of 217 and respect's support level of 210. This could be best risk and reward opportunity to go long at level of 217 with strict stop loss of 295 (-22). My expected upside target would be 247 (+30) & 264 (+47). It mat take 6-9 weeks to get upside levels. Note: This is my personal analysis, only to learn...
there is a breakdown in bandhan bank which can now trade into lower levels so we can short and enjoy profit booking
Initiated a trade based on trendlines. 1st Target Level 333. 2nd Target level 350, 3rd Target Level 360 Lot Size= 1800 Buy price= 316 TBV= 568800 MARGIN REQUIRED= 260000
Trend Reversal expected. Elliot wave 3-4 almost complete. Will start heading towards 402.40- 461.05 soon.
Expect 346in short term and 459 by Dec 2020. Post Dec this Bank will be very bullish
#BANDHANBANK after QoQ result stock was falling but got the support over 20EMA. Forming the symmetrical triangle pattern on 15 min Chart. Showing Bullish result in Technical Parameter: CCI is treading UP RSI is treading UP Stoch %k crossed above %D DI+ is treading above DI- Got support over Bolinger Band mid line ATR is decreasing and now below 20 Short...
Hello friends, Stock Might bearish below 264 For Target toward 258-250-245 Thanks