anandlive

Bandhan Bank - Low risk Setup

Long
anandlive Updated   
NSE:BANDHANBNK   BANDHAN BANK LTD
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.
Comment:
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.
Comment:
Seems like that after touching 213.85 yesterday, now it is ready to move ahead. let's see in the coming sessions. Keep tracking.
Comment:
Almost reached the first target of 235. Keep watching.
Comment:
Inching forward. Reaching 241.
Comment:
Towards the second target. Keep tracking.
Comment:
Reached second target 252.
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