Bandhan Bank - Low risk Setup
Updated
The chart shows that the stock has bounced back from 210, a support level for the last few months. Also, a retest area for the previous breakout makes it more significant ( if sustains above 210 ).
If sustains above 205-210, may go to 235/252/267 in a short time period. If sustains below 205, will weaken the strength.
Only for learning and sharing purposes, not a bit of trading advice in any form.
Do not gamble in any trade. Try to refine your trading setup in a way so that it should appear like a business.
All the best.
If sustains above 205-210, may go to 235/252/267 in a short time period. If sustains below 205, will weaken the strength.
Only for learning and sharing purposes, not a bit of trading advice in any form.
Do not gamble in any trade. Try to refine your trading setup in a way so that it should appear like a business.
All the best.
Note
Cmp 216.55. If comes down to 214/213 in coming sessions. It will be a reasonable price according to the above setup. All the best.Note
Seems like that after touching 213.85 yesterday, now it is ready to move ahead. let's see in the coming sessions. Keep tracking.Note
Almost reached the first target of 235. Keep watching.Note
Inching forward. Reaching 241.Note
Towards the second target. Keep tracking.Note
Reached second target 252.
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