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...
Sell 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 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 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.
Analysis:
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...
Bandhanbank 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
Bandhan 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
