manavtechresearch

BANDHANBANK BULLISH BREAKOUT IN JAN DUT

Long
NSE:BANDHANBNK1!   BANDHAN BANK FUTURES
BANDHAN BANK POSITIONAL TRADE
BUY@421-423
STOP@403
TARGET-1@435
TARGET-2@448
TARGET-3@459
QTY=1800

SUMMARY
-stock consolidated but kept creating higher low
-symmetrical triangle pattern breakout
-looking at the charts a pullack and swing break from 416 is expected
-if closes above 430 on daily basis
-we shall see the stock cross above 450 in coming session
-pattern breakout on the cards
-trendline break seen on the chart in lower time frames

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