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...
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
INTRADAY TRADE IN BANDHAN BANK
BUY@282.75
STOP@272.95
TARGET@292.75
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
#Harmonic pattern.
W pattern with trendline BO.
Very near to .5 of Fibbo.
Target of 400 is possible.
Disclaimer - it's only for educational purpose, I have no interest in providing trading call.
Jai Hind! 🇮🇳
We can see clearly bearish trend in all TFs on the charts of Bandhan bank . Now on daily chart we have seen the shooting star candle at a very high resistance zone. So this will increase the probability that trade will work in our side. For tomorrow at any pull back try to take the short entry for the next target level of 260 . once the support area break down...
A breakout from a triangle pattern.... Go Long.... NSE:BANDHANBNK
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Buy BANDHAN BANK Above- Rs. 281 for the Target of Rs. 345 - 396...
Stoploss- Rs. 240 .....
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Comment your views.....
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Thank you,
Vishwajeet Sharma
Simple breakout!
BUY above 280
Target - 300
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
Higher low formation with a double bottom formation on RSI. Bullish candle after two narrow range candles. First level of resistance 269 thereafter targets are big. 195 should be protected.
BANDHANBANK broke the trend line near to it's support can potentially go up but i am not sure about this because of their earning results and so think it can go down ( 75% chance ) to 225 selling point can be 230
BUT I WILL NOT TAKE THIS TRADE AS RISK REWARD NOT THAT GOOD
please tell me you find any error in this and suggest me stocks that i should analyse
At this current level Bandhanbank can be taken for intraday long entry for the target of Rs 250 to 255. As a double top pattern is formed from two consecutive rounding tops can be clearly visible on daily charts. Also tomorrow is the Q4 result for Bandhanbank. So buy above 242 . in case any doubt please message me.
![BANDHANBNK: Science Backed by Data[Bandhan Bank]: Target 326](https://s3.tradingview.com/d/dlk1J3iN_mid.png "Science Backed by Data[Bandhan Bank]: Target 326")
