Niftydirection

Bandhan Bank to start fresh Impulse Wave

Long
NSE:BANDHANBNK   BANDHAN BANK LTD
Stock post touching 650 broken Consolidation started going south till 152.
From 152 it made retracement fib levels 0.5 completing first 5 wave impulse
Right now stock trading in parallel channel and expected to respect it as Volume dropping and wave C could be coming to end near 270 which is again 0.5 Fib level of impulse.

Long all dips towards 270
Short term STOP LOSS 248, For Long term bigger Stop loss of 195 on daily closing basis.
Expecting impulse 5 waves to start soon with short term targets 368,396,432(possibly wave 3).
Long term positional target 521 (80%+).

Disclaimer: Calculated and plotted values may differ from actual stock movement. Plotted wave count can be wrong. This investment/trade may not be suitable for all investors. Do your own study or ask your financial advisors before investing/trading.

Please hit like button that will motivate me to do more. You can donate Trading view coins as well. Thanks :)
Trade active: Entry 294 on 24th Aug. Today 27th Aug up 4.4% with good volume

Comments

Awesome bro really helpful ... keep it up the good work
+2 Reply
Niftydirection krushansuyani99
@krushansuyani99 thank you
+1 Reply
🔥🔥
+1 Reply
Now can we buy on dip toward 270
Reply
Niftydirection sachinsinhmar
@sachinsinhmar that dip may not come now. Already moved to 325+
Reply
meenasridhar2018 Niftydirection
@Niftydirection, can we wait for dip 320 at least because I am holding at 380 for long time ji
Reply
Niftydirection meenasridhar2018
@meenasridhar2018, didn't get you what you want to do if comes to 320
Reply
meenasridhar2018 Niftydirection
@Niftydirection, I need to. Average it since I entered at higher price 380
Reply
Niftydirection meenasridhar2018
@meenasridhar2018, ok got you.
Reply
piyushin2020 Niftydirection
@Niftydirection, Roflol check again..🤣
Reply
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