Bandhan Bank- Keep in Watchlist
Bandhan Bank is a small private listed bank in India. It provides loans in microfinance sector.
It has been in a long term downward trend. It has a lifetime high of 740. It has been in news for all reasons, both good and bad.
You can see a longterm resistance trend line. It needs to break this to show some real upmove towards its life high.
This a high beta stock, not for weak hearts.
Keep a watch and take positions if it crosses long downward trendline.
This is not a buy/sell recommendation.
This post is only for educational purpose.
Kindly consult your financial advisor before investing.
Keep strict stoploss and money management rules.
Happy Trading!!
It has been in a long term downward trend. It has a lifetime high of 740. It has been in news for all reasons, both good and bad.
You can see a longterm resistance trend line. It needs to break this to show some real upmove towards its life high.
This a high beta stock, not for weak hearts.
Keep a watch and take positions if it crosses long downward trendline.
This is not a buy/sell recommendation.
This post is only for educational purpose.
Kindly consult your financial advisor before investing.
Keep strict stoploss and money management rules.
Happy Trading!!
Related publications
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.