sell on rise for the target of recent lows with sl of 350
Very good trade for medium term
Bandhan bank has recently tested its 300 Levels of support and bounced back from there. All levels are mentioned on the chart. Entry can be done at a support level of 325-330 levels. DISC: For educational purposes only. Please consult your financial advisor before making any trade.
MY SHORT TERM VIEW ON BANDHAN BANK Bandhan bank trading at the neckline of the double bottom candle pattern Buy Triggered on SUSTASINED closing above 360 with the stop loss of 346 on closing basis for a Target of 390/400 ****RISK/REWARD=1:2.5
Wait and watch, cross the neutral point and stable then after create the buying position
How to use the technicals to make money ? 1. 300 to 340 can be a good accumulation zone 2. Buying a stock with SL (DCB) of 245 for mid term can fetch good returns 3. Ultimate target is 600+ IMPORTANT : Maximum allocation Risk of 2% of trading capital OR 10% funds of total portfolio funds Whichever is lower
Double Top rejection from 425 level. Ascending triangle nearing completion. Formation of Higher lows. Good support from the trendline. Use appropriate risk-reward ratio. Always use a stop loss. P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.
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 HAS TOUCHED BASED TRENDLINE FOR THIRD CONSECUTIVE TIME. A STRONG BUT FOR ATLEAST 35% GAINS IN CAPITAL. TRAIL STOP LOSSES IF TARGETS ARE SHORT TERM. NSE:BANDHANBNK DHANBNK"]NSE:BANDHANBNK BANK NIFTY WOULD ALSO SUPPOR ITS UPWARD JOURNEY.