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...
more than one year After January 2022 BANDHANBNK now started trading near 200 Ema. So it's a very remarkable opportunity to grab it.
Target 1: 275
Target 2: 300
BANDHANBNK Formed Bullish Flag Pattern. Wait for proper breakout and retest and based on that, one can look for entries.
BUY SIDE TARGETS :
310.90 - T1
315.00 - T2
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The set up of $BANDHANBNK suggests a trade on the long side on the Daily. But price is likely to first pull back before heading up. BankNifty holds the key for this stock's movement.
This may even pull back up to 27x levels. As a practice to guard against price reversal after I take a trade, I always take a buy trade over a Open = High Red candle. So, if the...
Dear trader,
If u look at the chart of BANDHANBNK (analysis based intraday only) the BANDHANBNK Buy at 348 and
Target at 359
Best Buy at 341
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you...
Dear trader,
If u look at the chart of BANDHANBNK (analysis based intraday only) the BANDHANBNK Sell at 318 and
Target at 312
Best Buy at 320.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend...
NSE:BANDHANBNK is weakest bank among the all Banks. It is making lower top lower bottom on hourly charts. One can create short position around 337-340 levels with Stop Loss of 354 for Target of 306. Risk Reward for this trade is 1:2.
#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...
