Ankushkokane

RETEST ZONE IN BANDHAN BANK

Long
Ankushkokane Updated   
NSE:BANDHANBNK   BANDHAN BANK LTD
breakout can be seen in Bandhan bank[/b] earlier in chart, So we can consider current movement as an Retest zone. If you get it near or around 225-228 zone can be perfect zone to buy or also can go long at CMP. 367.15 is the ultimate target. go long with a strict stop-loss of 320 level (only on closing below basis).
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE STOCK/SHARE/SECURITY.
Trade closed: stop reached:
as said earlier 320 should be stop-loss which has been hit recently, so the marking this trade as stop reached.

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.