Double Top Pattern 1. Double Top Pattern is a Trend Reversal Pattern. 2. In this case the trend prior to the Double Top Pattern was clearly an Uptrend. 3. Bandhan Bank broke the confirmation line and a good entry, in this case, would have been @ 374 on 15.01.2021 using the Retest Entry Technique. 4. Target would have been the Height of the Double Top Pattern or...
I will buy BANDHANBNK because : It has been taking support at the trend line . It has touched the trend line 3 times and has not been able to break it. It is also forming a inverted head and shoulder pattern. So will be looking at buying opportunities. Entry : 345 Target : 425/522 Stop loss : 297
resistance line break based buy above 355-54 range narrowing - ascending triangle 2 rounding patterns disclaimer - trade @ own risk
Bandhan Bank has completed its Point 4 of the primary Wave by taking a support at 0.786 Level. A reversal from the point creates a probability towards initiation of Wave 5th . From the CMP 338 till 321 is a very good accumulation phase. Targets are 360-376-397. Profit booking on finding any reversal signs on these lines is advisable and such signals will be...
Note: This is for educational purpose and do not trade in F&O. There seems to be a hammer on 200 MA which coincides with 61.8% Fibonacci retracement. There is a loss in momentum on bearish side. SL: 309₹
Keep eye on Bankdhan Bank. Soon may give the good result.
BANDHANBANK is respecting the 200EMA from the last year. It has taken Support multiple times and been resisted as well during the same period. Recently it broke the EMA level, after which it has dive further. It seems it has retested the levels once again, which indicates it may continue to dive further for the next few trading sessions before it can bounce back...
Bandhan Bank looks hell bent to move towards 280, today's close and below 200 DMA and breaking of 10 month old trendline is a sure short selling setup.
Clear consolidation Break of it may give a direction for upcoming sessions
NSE:BANDHANBNK Looks Great Buy On 360/-
NSE:BANDHANBNK 307.80/- Bought
NSE:BANDHANBNK ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
NSE:BANDHANBNK long only ones it give breakout and one can long if it take support from below trend line.
Only Trade Outside the Range with Volume Confirmation
Bandhan Bank daily chart The next support level according to Ichimoku chart is 302.50, if it breaks that level the next major support level is 291.85.