FrankzMD

BANDHAN BANK -LONG FOR 15 %

Long
NSE:BANDHANBNK   BANDHAN BANK LTD
decent valuation at current level

though price is below 200 day EMA , there are technicals which suggest that shares might move 15 %

1. 18 day EMA crossing 50day , 100 day
2.price taking support at 18 day EMA
3. pivot trend change confirmed
4.MACD 12-26 is above zero line and retracing towards signal line
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.