VijayBabuA

BANDHANBANK Multiple Patterns

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NSE:BANDHANBNK   BANDHAN BANK LTD
BANDHANBANK has given neck line breakout for inverted H&S pattern at 330 Neck line with a potential to reach 407
Currently it is forming Rounding bottom, in the long run it is looking to make around 560 levels which is almost 50% from current levels.
There is a trending resistance line which is going to meet at end of the rounding bottom, so big breakout ahead.
Handle formation or retracement at 400 level can be expected.

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