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Bandhanbank

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. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:BANDHANBNKLong
by this_is_shoaib
2
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 :)
NSE:BANDHANBNKLong
by saurabhuttamchandani
9
Bandhan Bank : Perfect play of support and resistance theoryThe stock has been following the support and resistance theory. The earlier support (Price zone from which the Price jumps up multiple times) is turning into Resistance (Price Zone from where the price turns down multiple times) and earlier resistance is turning into Support. The stock has given a weekly chart breakout with good volume and considering the growing economy now a days with lesser covid cases this bank can perform really well. The risk to reward is highly favorable at this point of time in this small cap sector private bank. DISC: Please consult your financial advisor before making any bet. This is for educational purposes only.
NSE:BANDHANBNKLong
by trade_opportunities