After a long and deep down trend, Bandhan Bank is showing signs of reversal, it was a bullish hammer on the weekly chart last week, and from past two sessions the stock is showing good strength. As indicated on the chart if it breakes the upper resistance zone we can have big targets in front. Stoploss could be from 205 - 195 as per one's risk appetite.
i have already posted my observation on bandhan bank earlier i have been watching this stock from 300 levels and have been waiting for this price have purchased small quantity will add more on both sides on up also and down also if trend changes from here then i will add on every dips and i will add on 220 210 levels if gets there my idea is for investing not...
NSE:BANDHANBNK
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Crucial support 266?? One of the bank with highest GNPA and lowest ROA.10% ..Clubbing fundamentals with technical gives investor a fair idea in choosing to buy or sell..
BANDHAN BANK LTD. Looks Bullish for Short Term on Daily Charts. BUY BANDHAN BANK @ Rs 288 Targets Expected are Rs. 315 - 322 in the next 10 - 15 Trading day Stoploss placed below @ Rs. 270
NSE:BANDHANBNK
The symmetrical triangle was broken out yesterday but then due to gap down opening the price again opened lower but the price is again trying to give a breakout which indicates that the bulls are fully active. Keep eyes on this
average cost of fii is near 350 this is for investment time horizon should be near 2 to 3 years from now and if there is any change in postion i will update on this post
BANDHANBNK after 3 months consolidation it breaks the channel with good buying pressure ...so plan to go for long (buy) position...keep stop loss below the trendline...target near upper resistance
High 470.95 +4.67%
Median 394.16 +7.82%
Low ₹161.76 -43.44%
Expected return of 39.16% from current price level is more than last 3 year CAGR of -25.59%
hey guys ,
this is my first analyze for shorting a stock
BANDHAN BANK stock was moving in a fixed uptrend ,
misfortunately , this stock has broke its support area ,
and now this stock has retested ,
AND THERE ARE MANY REASONS TO SHORT THIS STOCK ,
1. A GREAT RED CANDLE IS MADE AFTER RETESTING .
2. EVENING STAR HAS BEEN MADE , which gives us confidence to SHORT...
Refer the cart well
On the higher side a triple top kind off patter has been formed so a buy above these levels should give you a good move.
While on the lower side the stock has tried to break the levels of 330 but received a rejection by the buyers, hence a sell below this level is recommended.
NSE
After breakout above 31, the stock is in a consolidation zone, with price retracement along the 21 day EMA. Expect price to move up after crossing the 31 level.
Stock is in an uptrend and above key moving averages, with a strong relative strength and volume activity.
Always keep your stop-loss defined
before you initiate a trade.
Note: This is a personal...
NSE:BANDHANBNK
#BANDHANBNK blasted and bagged decent profits.
Check out the support level, when our analysis is perfect, market will respect mostly 👍
Happy LEarning !!
A beautiful falling channel in weekly has formed.
earlier there was an attempt to break the channel. It failed.
Tested the trendline again. Now it broke.
Probable breakout on verge.
On positional basis can be longed above 340 for the target of 370/400 with a SL of 325
