Get started
johntradingwick

Bandhan Bank - Rounding bottom + Bullish market structure

Long
BANDHAN BANK LTD (NSE:BANDHANBNK)  
johntradingwick Updated   
NSE:BANDHANBNK   BANDHAN BANK LTD
Trend Analysis Chart Patterns Technical Indicators bandhanbank bandhanbankltd
21
6
trendanalysis chartpattern indicator bandhanbank bandhanbankltd
Key Highlights:

1. Bullish market structure
2. Volume expansion
3. Trendline breakout
4. Rounding bottom pattern
5. Resistance: 360
6. Support zone: 323-332
7. Target: 371, 394, 423
8. Stop loss: 310

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Comment:
SL was hit on this one.
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top

Related Ideas

johntradingwick
HDFC Bank - Moving in consolidation channel. Breakout soon!
johntradingwick
Trading Patterns 101 - The Rounding Top pattern
johntradingwick
Trading Patterns 101 - The Rounding Bottom pattern
johntradingwick
Tata Chemicals - Coming out of consolidation soon!
johntradingwick
Hero Moto - Potential Bullish Scenario
johntradingwick
Trading Patterns 101 - The Bullish flag pattern
johntradingwick
Mahindra & Mahindra - Potential Bullish Scenario
johntradingwick
Hindustan Unilever - Potential Cup & Handle + Volume expansion
johntradingwick
Havells - Falling wedge BO + Ascending triangle formation
johntradingwick
ICICIGI - Consolidation phase before moving up
johntradingwick
Emami - Breakout + Volume expansion + Triangle patterns
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.