LONG TERM INVESTMENT PICK - BANDHAN BANK - READY TO TAKE OFF ?
SYMBOL - BANDHANBNK
Incorporated in 2014, Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. The company has a PAN-India presence and offers a wide range of banking products & services and asset & liability products and services designed for micro banking and general banking.
This company is fundamentally good. having 32,800 cr. market cap, Bandhan Bank is currently trading 11 P/E.
This stock is in a downtrend since a long time. Currently trading at 200 which is a long term strong demand zone.
Long positions can be made at CMP 200 with stoploss of 170.
I believe this stock can be next multibagger & this is a great investment pick at current levels.
Targets can be 600 & 700 which is ATH & beyond.
Disclaimer - I have invested my investment allocation today. Do not consider this as buy/sell recommendation. I'm sharing my analysis & my investment position. You can track it for educational purposes. Thanks!
Incorporated in 2014, Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. The company has a PAN-India presence and offers a wide range of banking products & services and asset & liability products and services designed for micro banking and general banking.
This company is fundamentally good. having 32,800 cr. market cap, Bandhan Bank is currently trading 11 P/E.
This stock is in a downtrend since a long time. Currently trading at 200 which is a long term strong demand zone.
Long positions can be made at CMP 200 with stoploss of 170.
I believe this stock can be next multibagger & this is a great investment pick at current levels.
Targets can be 600 & 700 which is ATH & beyond.
Disclaimer - I have invested my investment allocation today. Do not consider this as buy/sell recommendation. I'm sharing my analysis & my investment position. You can track it for educational purposes. Thanks!
Trade active:
CMP 188
I think it is last call for buyers. It must reverse sharply from here.
Allocated complete investment allocation with Strict SL 170.
I think it is last call for buyers. It must reverse sharply from here.
Allocated complete investment allocation with Strict SL 170.
Trade active:
CMP 183
It is ready for 325% up move to its ATH. :)
It is ready for 325% up move to its ATH. :)
Trade active:
CMP 192
Trade active:
CMP 173
Still trading at 172-182 zone because of some negative news flow related to management.
According to my analysis & my understanding, this is the last chance to pick this stock for long term. This will definitely go to its ATH. It may take 1.5 - 2 years to reach there.
I'm holding with 150 SL now because it may hit my SL due to volatility & then reverse. If it reaches 150, I will exit immediately & won't think second time to hold it.
Still trading at 172-182 zone because of some negative news flow related to management.
According to my analysis & my understanding, this is the last chance to pick this stock for long term. This will definitely go to its ATH. It may take 1.5 - 2 years to reach there.
I'm holding with 150 SL now because it may hit my SL due to volatility & then reverse. If it reaches 150, I will exit immediately & won't think second time to hold it.