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ShelendrAgrawal

Bandhan Bank Analysis !! #BandhanBank

Short
BANDHAN BANK FUTURES (NSE:BANDHANBNK1!)  
ShelendrAgrawal  
NSE:BANDHANBNK1!   BANDHAN BANK FUTURES
Support and Resistance Parallel Channel Trend Lines bandhanbank bandhanbankltd bandhanbankchart bandhanbankshort bandhanbankforecast BANKNIFTY bankniftytrend
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supportandresistance parallelchannel trendline bandhanbank bandhanbankltd bandhanbankchart bandhanbankshort bandhanbankforecast banknifty bankniftytrend
Bandhan Bank is placed at top end of the channel and just today formed nice red candle.

Considering downward drifting channel it is a good risk reward opportunity to go for reversal (short) trade .

Consider daily close above top of the channel as StopLoss and Target for lower end of channel.
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