lahanuenterprises

Bandhan Bank Trade setup

Long
NSE:BANDHANBNK   BANDHAN BANK LTD
Bandhan Bank has been into a triangle formation in a daily time frame. After a big sell off some days back, Bandhan bank seems to go back up. If there is a breakout, there is a big resistance around 328 - 330 mark. And if this resistance breaks, then the first target on the chart is 340 mark.
If there is a breakdown, then there is a support at the 285.
I have a very bullish stance on Bandhan Bank.

This analysis is for Educational Purpose only and please consult your financial advisor before taking any position.

Thank You for viewing my chart.
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.