#Stock : #Bandhan Bank
#Time Frame : #Weekly
#Structure : #Ascending Triangle Breakout at Bottom with decent Volumes
Note:
Bank has given a very good BO of the ASC TRI pattern at the bottom after attaining 6 times resistance that too after a very long period of 6 years which can also be considered as a Muliyear BO of a Downward Falling Trendline
According to technical levels one can accumulate the stock on every fall up-to 170 levels
CMP 210.60 or BoD 170
#Targets - 15% / 30% / 45% + + + +
Holding Time Frame : Long Term
All Charts & Studies posted here are only for #EDUCATIONAL PURPOSE
#Time Frame : #Weekly
#Structure : #Ascending Triangle Breakout at Bottom with decent Volumes
Note:
Bank has given a very good BO of the ASC TRI pattern at the bottom after attaining 6 times resistance that too after a very long period of 6 years which can also be considered as a Muliyear BO of a Downward Falling Trendline
According to technical levels one can accumulate the stock on every fall up-to 170 levels
CMP 210.60 or BoD 170
#Targets - 15% / 30% / 45% + + + +
Holding Time Frame : Long Term
All Charts & Studies posted here are only for #EDUCATIONAL PURPOSE
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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.