raj_rishav

Bandhan Bank - Bear Trap?

Long
raj_rishav Updated   
NSE:BANDHANBNK   BANDHAN BANK LTD
Double Bottom can be seen with 2 attempts at breaching the support at 295 resulting in large volume Short Coverings later.

Positional -
Buy above 305 for 310, 315, 320, 330 with SL at 295
Short below 290 after confirmation of support breach.
Order cancelled:
No Trades Triggered

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.