Rajesh_S

Bandhan Bank - Long

Long
NSE:BANDHANBNK   BANDHAN BANK LTD
Reasons for going Long:

1) Healthy Uptrend
2) Now at Swing low with a Bullish engulfing candle in 45 Minutes time frame.
3) Setup - About to Breakout with Falling wedge and Inverse Head and Shoulders patterns.

Note: Breakout with good volume (above average) can get to the first target. Watch Bank NIFTY closely for the trend check.
Trade closed manually: Trend reversal due to Bank NIFTY.
Trade closed: stop reached