Bandhan
Bandhan bank : Inverted H&S breakout retestingIHNS Breakout and retesting
Formed Bullish engulfing at neckline
above 200 dma
If sustains above 346 First hurdle around 365
if crosses that target is 400
(as per HNS as well)
SL 320
Sustainance above 345 is very imp as per fibo golden ratio
Note : This idea is only for learning purpose.
Science Backed by Data[Bandhan Bank]: Target 326BandhanBank can be shorted with immediate target of 326. Below this level 303 looks to the important target below which current uptrend will be completely change.
StopLoss should be used as 342-345 above which original trend continues.
Current pull back has been on falling volumes. Although that is typical of any flag structure but this should pull it down to lower range of consolidation. This looks good setup for short term futures trade.
Pls support with likes on the idea.
Bandhan Bank Rising weigh BreakdownBandhan Bank
Breakdown was Already Expected
From High 526 Now Low 494
still expecting fall till 486-478-465
Disclaimer: All the Recommendation/View Given in Arrowmoney are only for internal study purpose. Consult your financial adviser before making any investment decision.