FourSTechnicalAnalysis

BANDHAN BANK LONG Setup Explained : Potential Breakout

Long
NSE:BANDHANBNK   BANDHAN BANK LTD
NSE:BANDHANBNK

  • Stock is in a healthy uptrend
  • The resistance has now turned support
  • Stock is in a Range and has the potential to bounce off the support area after consolidation
  • A close above 356 on Daily or Hourly timeframe followed by a closing green candle should trigger LONG position
  • Stop Loss of 290-292 is advised

Comments

6TH ATTEMPT TO BREAK THE RESISTANCE. WILL IT BE THE CHARM THIS TIME ???
Reply
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