Alpha_TraderX

Bandhan Bank at Very Strong Support

Long
Alpha_TraderX Updated   
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.
Comment: Though its nearly been an year, but the stock gave 15% upward move from that area of support
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