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Bandhanbank

Bandhan Bank : Positional Buy Trade SetupNSE:BANDHANBNK Hi Traders, Bandhan Bank is moving up with support of trade line. Once it close above 329, a short term higher high and higher low will confirm and you can open new orders based on price action. Stock Analysis * Breaks short term downward trend line. * Around 50% retraction, it start moving up. Buy Level Above 329 Target Level TP1= 402 TP2= 531 TP3= 611 TP4= 102.55 ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the LIKE button. Provide some feedback below in the comment! This would give us encouragement to keep sharing our ideas here on this platform. ###Learn To Earn### * It is educational/learning purpose only... * Trade at your own risk... Trade well, **********************************************************************************************************************************
NSE:BANDHANBNKLong
by vimal.kr.pathak
Bandhan Bank to start fresh Impulse WaveStock post touching 650 broken Consolidation started going south till 152. From 152 it made retracement fib levels 0.5 completing first 5 wave impulse Right now stock trading in parallel channel and expected to respect it as Volume dropping and wave C could be coming to end near 270 which is again 0.5 Fib level of impulse. Long all dips towards 270 Short term STOP LOSS 248, For Long term bigger Stop loss of 195 on daily closing basis. Expecting impulse 5 waves to start soon with short term targets 368,396,432(possibly wave 3). Long term positional target 521 (80%+). Disclaimer: Calculated and plotted values may differ from actual stock movement. Plotted wave count can be wrong. This investment/trade may not be suitable for all investors. Do your own study or ask your financial advisors before investing/trading. Please hit like button that will motivate me to do more. You can donate Trading view coins as well. Thanks :)
NSE:BANDHANBNKLong
by Niftydirection
11
Bandhan Bank - RBI Effect BetRBI's loan restructuring for MSME may have a positive effect on Bandhan Bank's price. ( Or opposite Jumla! but I won't take short trades tomorrow). Positional Ideas: Buy above 308.8 for 313, 315.5, 320, 330 with SL at 303 (I would take these only - explained above) Sell below 295 with for 285 with 5 point trailing SL Quote- Typically a loan restructuring allows a borrower some flexibility in terms of extension of the period of loan EMI, interest payment so as to help the borrower buy more time to pay off his loan to the lender. Loan restructuring helps the lender to save on higher provisioning as otherwise, banks have to make higher provisions on default or a non-performing asset (NPA) which impacts their profitability. From the NBFC space, Shriram City union finance has high exposure to SME/MSME book at 57%, MAS Financial has 65% exposure to SME/MSME book, Bajaj Finance 13%, Magma Fincorp 11.5%. Banks that have high exposure to SME/MSME/Micro book are Bandhan Bank 68%, SBI at 14%, Axis bank 11%, Indusind bank 33%, Au small finance bank 16%. xxx Additionally, the large volume without substantial price movement indicate two things: 1. BTST trade - so in case of gap-up opening, ill wait for price to stabilise & Will wait for confirmation before taking long positions. 2. Late Buying Interest - Favour Long Positions more. So ill be extra careful when taking short positions. Disclaimer: Being an Engineer + MBA Finance, I bet on my Strong Fundamentals & analytical skills! But I am new to technical analysis & trading (3 months now). Every weekend,I study some new trading concepts and publish analysis & take trades on them. There are NOT trading advice! The intention is to gather feedback on them, so please drop in a comment if you find areas of improvement. & If the idea makes sense to you - please do Like to give me confidence to take trades on them.
NSE:BANDHANBNKLong
by raj_rishav
Bandhanbank ShortI hope you can now see how the Bandhanbnk represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:BANDHANBNKShort
by EntryandExit