rucheeragarwal

Bandhan Bank at Very Strong Support

Long
NSE:BANDHANBNK   BANDHAN BANK LTD
Analysis:

1) Currently RSI has converged with the stock, forming higher lows while stock has formed lower lows. It is considered as strongly bullish .
2) Stock is at very strong support from which it has previously broke corresponding resistances.

Target and SL will updated on confirmation.

Disclaimer: These analysis are only for educational purposes only. You are responsible for your own actions.

Comments

Thats why I have said wait for confirmation before taking the trade.
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Bandhan bank is bearish. it will go down to 200. insider trading is going on
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