BANDHAN BANK

Updated
Price has confirmed an Inverse Head & Shoulders price pattern.

With a Daily Close above Rs.215, price has also negated the lower top lower bottom formation.

Volumes have been high on the recent rallies, thus confirming our trend.

The target for Inverse H&S Pattern is Rs.250.

View remains valid as long as price is above the low of the right shoulder.
Trade closed: target reached
Stock to declare its Quarterly Results tomorrow, low risk takers can book profits here, price has almost reached its Target.
Trade closed: target reached
Chart PatternsTrend Analysis

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