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ThanujDR
Nov 8, 2020 3:13 PM

Buy Bandhan Bank - Book 47 points profit in 10 Business days  Long

BANDHAN BANK LTDNSE

Description

1. Almost forming Inverse Head and Shoulder pattern(blue marker)
Strong buy trend in last leg
2. Broke 2 consecutive trend lines(red)
3. Expecting good upward move post US presidential elections
4. Ex CEO Re-Appointed
5. Rise in Advance and Deposits in Sept Quarter and YoY

Comment

Squared off half the position(180 shares) at 381 on Dec 1st

Trade closed: target reached

Closed at 405. Need capital for another idea
Comments
sunil1881
So many different ways of reading charts....🥸How does one decide the best analyst: any ratings or number of 👍 earned!!🙏
santhoshkalpathy
you are the real mover and shaker of the market.. kudos...
ThanujDR
ajaychavan1507
great analysis brother
ThanujDR
@ajaychavan1507, thank you
RohithVidyaPrasad
Great analysis
ThanujDR
@RohithVidyaPrasad, thanks bro
struggling_traders
GOOD ANALYSIS
ThanujDR
@vaibhav_gundale, thank you
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