Tech_stock_trader

Bandhan bank to be taken for short entry.

Short
NSE:BANDHANBNK   BANDHAN BANK LTD
We can see clearly bearish trend in all TFs on the charts of Bandhan bank . Now on daily chart we have seen the shooting star candle at a very high resistance zone . So this will increase the probability that trade will work in our side. For tomorrow at any pull back try to take the short entry for the next target level of 260 . once the support area break down at the level of 258 than next target between 250-245 for the stock. In case any major gap down be cautious.

Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
Trade active
Trade closed: target reached: made low of 248. yes gap down opening today.

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