On all Charts bandhan bank is on bullish trend. Since last 5 weeks stock is making higher highs on weekly trend. Also on daily TF the stock is forming higher highs except small pull backs. stock is in uptrend & trading above the 50 EMA level. Now above the level of 380 stock can be taken for long entry for the target price of 425. After the 435 we can see more strength in the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Trade active:
high @ 400