Bandhan Bank - Breakout - Long Idea Entry 365, Stoploss - 349, Target 1 - 375, Target 2 - 400, Time Period - 2-4 weeks
Trade active
Stoploss moved down to 315 due to Market sell off. Will add more to the position around that area.
Note
Bandhan Bank - March 2021 - Quarter results were very poor. WB & Assam Elections are behind us. The negatives may or may not be priced in. Prices may slowly slide toward 250. 250 is a strong support zone. If 250 is broken, 200 opens up.
Moving the stoploss further down and will be accumulating more in that zone. This trade is still open.
Trade active
Added more to the position at 308 Averaged Out. Trade still open. This is an investment Idea.
Trade active
Added more to the position at 329 and Averaged out Trade is still active.
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