Bandhanbank
#Breakout Bandhan Bank Trading At very Important Zone .Bandhan Bank Trading At very Important Level.
As you can See Feb to march Bandhan Bank traded at same level but at that time look at the context .
At that time price consolidated at that Level and goes completely Sideways but now the scenario is very different , look at the context now it making Higher high at the Breakout Level with more Volume than Usual.
which tells is something is happening Silently . Big players initiated Buying at this Level .
If you have any Question feel free to ask .
SELL BANDHAN BANK BELOW 324Sell Bandhan Bank if sustains below 324 for the lower marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bandhan Bank can give a strong upmove!all the price action observed mentioned on chart. sustaining aboe 330 can take it to higher domain. can be longged above 338 good support at 325
Bandhan BK @ 333 target 340 / 347Bandhan Bk @ 333 is looking good for targets 340 /347 shortly. Open interest longs are seen in the stock hence every dip from here is a buy in the stock.
Bandhan Bank - Monthly view for Long Can take a long position when close above 330 with SL 252.
IT SHOULD CLOSE ABOVE 330 ON THE DAY CHART.
Bandhanbnk (swing trade)Bandhan bank is in falling channel from nearly last 1 year.it has broken its channel as well as resistance at 330.it can be a good swing trade you can BUY it between 330-340 for the targets for 354,371,398
stop loss for this trade will be any daily candle closing below 310.
Bandhan BankBandhan Bank Breakout
Technical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
BANDHANBNK Resistance BONSE:BANDHANBNK
#BANDHANBNK trying for resistance BO.
Post confirmation may give good momentum.
Happy LEarning !!
Bandhan Bank at Very Strong SupportAnalysis:
1) Currently RSI has converged with the stock, forming higher lows while stock has formed lower lows. It is considered as strongly bullish.
2) Stock is at very strong support from which it has previously broke corresponding resistances.
Target and SL will updated on confirmation.
Disclaimer: These analysis are only for educational purposes only. You are responsible for your own actions.
BANDHAN IS AT CRUCIAL RESISTANCE ZONE1 resistance zone
2 neckline breached recently
3 looking like bottoming up
BANDHAN BANK1) Multiple rejections on daily time frame
2)The stock looks good above 331
3)Sustaining above 331 level may take stock to the heights of 337 & 347
Bandhanbank started moving above parallel channelBandhanbank started moving above parallel channel And giving breakout with good volumes . Sustaining above 330 with good volume can lead to further upside move NSE:BANDHANBNK
BANKDHAN BANKS GOOD BUY ABOVE 330Bandhan Bank formed a bullish candle and closed near the previous resistance level. Buy Bandhan Bank if sustains above 330 for the upper marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BANDHAN BANK RALLY ABOVE 328?BANDHAN BANK HAS BROKE ITS WEEKLY TRENDLINE AND HAS BEEN CONSOLIDATING ABOVE IT.
1.It is hovering above 200 ma
2.Flag and pole type of formation can be seen which is a continuation pattern.
3.Previous swing highs acting as support.
4.RSI and MACD supporting bullish move.
Buy above - 329
Targets mentioned in the chart above.
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Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Bandhan Bank LONGPSU sector being the hot topic, one of the script that is looking good currently is bandhan bank. Stock was trading in a parallel channel, today has given breakout from it. Also broke thorough a resistance zone in past couple days, that too breakout retest has been done. Plus the stock is continuously trading above 60 RSI, which is a good bullish sign. Also keeping in mind that the big bull Rakesh Jhunjhunwala is bullish on psu banks could maybe give it push as well :)
Bandhan Bank Analysis !! #BandhanBankBandhan Bank is placed at top end of the channel and just today formed nice red candle.
Considering downward drifting channel it is a good risk reward opportunity to go for reversal (short) trade .
Consider daily close above top of the channel as StopLoss and Target for lower end of channel.
Bandhan Bank good for long term investmentBandhan Bank good for long term investment.
As of now price reacted from weekly supply zone (WSZ) and previously price taken support from Monthly demand zone (MDZ).
Good to buy near by 262 to 257 for target 580 and all time high.
WDZ - Weekly demand zone
WSZ- Weekly supply zone
MSZ- Monthly supply zone
MDZ- Monthly demand zone
Bandhan Bank Falling channel+ GAP to fillBandhan bank looks ready for a falling channel breakout along with a small gap to fill.
Bandhan bank retraced back to 300 levelsBandhan bank was following a channel pattern in weekly time frame in daily time frame a hammer is formed where we shortlisted this scrip for long the but the hammer was so big that we waited for a small SL and we got that on 30th dec where you can see a wick exactly on our channel.
