RBI'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...
I 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...
Nifty - Technical Analysis: Nifty opened with a gap down and ended the day just above its low, forming a near perfect marubozu, which is an extremely bearish signal. On the bright side, Nifty managed to hold its 10900 lower trend line support. The index formed a near perfect wedge on 15m charts. Market - Driving Factors: PSU bank and Metal indices...
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Entry = After the breakout of support!! Target = As per Mr. market's present mood!! NSE:BANDHANBNK
Bandhan Bank is In Uptrend i.e forming New HH & HL. It is now Accumulating in The Range 340-350 can show a good move for positional Targets. Any Review will be greatly appreciated.
Today Bandhan Bank should have rallied higher, but after a rally on 5 min chart, it consolidated for the rest of the day, meaning the volatility contracted, creating another narrow range candle, which is a second one in the past 2 days. I am expecting a huge rally in Bandhan Bank, either bullish or bearish rally. Seeing a breakout from the downward resistance...
Follow for latest updates CMP- 352 Buy above 356 with the stop loss of 345 Targets- 362, 365, 368
On all Charts bandhan bank is on bullish trend. Since last 5 weeks stock is making higher highs on weekly trend. Also on daily TF the stock is forming higher highs except small pull backs. stock is in uptrend & trading above the 50 EMA level. Now above the level of 380 stock can be taken for long entry for the target price of 425. After the 435 we can see more...
BANDHANBNK looking good above 375. Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
The scrip is on upside move , currently trading at ~380 . Keep the stop loss at 350 which is approx ~7.8%, whereas keep your targets at 419-420 levels which is approx ~10.2%. ***views are my own***trade as per your risk***
There is reversal on Bandhan Bank on weekly Chart #Nix2B Price Action Trading
Bandhan Bank at accumulation Zone buy between 425 435 SL below 395 T 480 510 560
Buy near trendline and support level. Targets are marked.
BandhanBank 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...
1) Long on the break of 266 2) Short on the rejection of 50 DEMA and or break of the rising trend line
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. Reward is 5-8 Times