15th July 2026 / 11:36 AM
Why Bandhan Bank?
1. Technically it was in 5th Wave for quite a long time, and I have given view on BB already but went against it but this time something unusual I have noticed.
2. As we can see in 5th wave price action was continuously falling back from .5 to .618 Fibonacci zone which was finally breached with a good volume candle.
3. Along with that, most important is BB was at its all-time low price recently from which it shows liquidity sweep and bounce back.
Wave Count 📈
Liquidity Sweep 📈
Zone Curse broken 📈
All together is giving me a strong conviction Bandhan Bank has potential to bounce back hard.
Target & SL is mentioned in Chart.
Why Bandhan Bank?
1. Technically it was in 5th Wave for quite a long time, and I have given view on BB already but went against it but this time something unusual I have noticed.
2. As we can see in 5th wave price action was continuously falling back from .5 to .618 Fibonacci zone which was finally breached with a good volume candle.
3. Along with that, most important is BB was at its all-time low price recently from which it shows liquidity sweep and bounce back.
Wave Count 📈
Liquidity Sweep 📈
Zone Curse broken 📈
All together is giving me a strong conviction Bandhan Bank has potential to bounce back hard.
Target & SL is mentioned in Chart.
Note
Monthly Closing IMPQ1 Result Fall unfortunate.
Note
Holding BB with updated SL 160 Rs.Fall was completely news base might be shakeout before breakout.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.