virralthakkaar

Bandhan Bank (NSE Cash)

Long
NSE:BANDHANBNK   BANDHAN BANK LTD
Bandhan Bank may show a reversal. Doji (reversal) was made yesterday followed by a green confirmation candle today in the daily charts . I am not sure about the entry for traders but investors (short to medium) can go long.

LTP: 295.95
Support: 285.00
Resistance: 315.60 / 324.30 / 336.55

***Buy for medium term target of 335+

Comments

Bandhan bank posted 80% loss yesterday. So is it good to go long?
+3 Reply
virralthakkaar randomthinking238
@randomthinking238, I think the stock has discounted the results already. The charts are showing a reversal.
+1 Reply
Discounts are given for those items which are not having demand, short to medium term Bandhan Bank will definitely face pressure on higher level...
+1 Reply
@shahjapan, Okay
Reply