Bandhan Bank stock price at weekly demand zone. Trade setup marked on chart.
It has given a bearish breakout on the daily chart. It had given an early sign of poor result expectation on 6th May 2021. We can expect the price to fall up to 270 in the near term. 270 shall be a good price range to go long, with a stop loss of 245.
It looks like Bandhan Bank will seek lower levels in the near term. From January it started falling from an intermediate high of around 420 levels to 300 levels. Then it consolidated in the band of 320 – 360 for about 10 weeks. Now it has resumed its downward movement. It has broken an important long-term support trend line, in spite of Bank Nifty being strong...
In the Daily chart, Bandhan Bank is showing a clear breakdown of support with significant volume which shows that there is weakness in the stock. If it continues to fall with good vol, then one can short according to own risk appetite. It can be either swing or intra short.
Bandhan Bank (NSE Cash) LTP: 337.95 Support: 335.05 Resistance: 344.75 / 349.90 / 357.70 Market cap: 529.649B Vol: 2.21M Rel vol: 0.28 Avg vol: 10.191M Float: 681.681M ***Technical data looks good Daily charts (long term) The charts are in an uptrend. 20 DEMA is below 100 DEMA but there is a reversal. MACD is showing a bullish reversal in the bear zone so we...
BANDHAN BANK INTRADAY PLAN - 26 APR 2021 Looks good for going long in intraday after looking at the current volume last hour towards buying.
289 -285 is the support zone where price can take support and bounce. If finds long lower wick or bullish candle or narrow range candle then will go for buy with stop below 265. Disc : it's not an investment advice to buy or sell
Bandhan Bank broke its long term channel and has simply crashed out of the 'long' thesis. However, this might be the last support zone maintaining that 'long position'. Let's track it actively and be careful. Also remember that Microfinance is not Retail Lending Business.
As shown in the picture Bandhan bank will probably break the previous high, retrace or will come back down and then shoot up, Good luck
Can we expect a reversal? I am slowly building up my position for a long trade - overall planning to buy some 1500-2000 Eq Share for long to med-term Presently I am putting on 25% of the expected allocation, with a maximum expected loss of only 1500-2000 Rs. Note I am not buying futures, I am doing with Eq shares only - so that I can slowly build the...
Bandhan Bank looks really good at these levels for accumulation for long term. The chart is quite self-explanatory. The bank is definitely coming out of a big crisis and one needs to be careful with the situation at hand. The channel should hold and it should be respected.
Date: 23 March 2021 Bandhan bank has given a breakout above resistance line and 20 DEMA. Target and SL given in the chart
If the price comes to 359.30 take a short till 338.30. Then from 338.30 take a buy to all the way up till 419.65
-It has just touched the channel. Upon breakout and close outside the channel, go for long...
Buy and hold Bandhan bank for the long term as it has given a strong multichannel breakout. Book profit whenever it reaches its pre-pandemic level.
To be bought near 350/345 Sl below 340 CLBS Expected Tgt 420
BANDHAN BANK EQUITY Levels...24/03/2021 (D Candle)