Bandhan Bank - Long Opportunity

Recently Bandhan bank consolidated a lot on provisioning due to covid, good news is they cleared out all the dues and about to make a fresh start, We can expect good results in upcoming quarter. Also RBI has appointed Bandhan as an agent and Bandhan is planning to decrease its micro finance stake.

Recently it gave a nice breakout in triangle pattern , and if it is able to break 315 then we can expect momentum till 350-355
Chart PatternsFundamental AnalysisTriangle

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