if price sustain over 320.85 or 301.35 price level then good to buy for long term. 1st safe target-1 435 T-2 600 and finally new higher high.
Entry - 308 Setup - Prices moving above previous LH Target 1 - 330 (3-4 weeks) Stoploss - This is a Investment Idea and more positions can be added in case prices dip further Please trade and invest based on your risk profile and knowledge.
Bandhan Bank - Breakout - Long Idea Entry 365, Stoploss - 349, Target 1 - 375, Target 2 - 400, Time Period - 2-4 weeks
Bandhan Bank is showing signs of a breakout and has been squeezing with trend line for a long time so a breakout seems to in sight. Enter CMP SL 275 Target 330/350/370.
Watch Bandhan bank on a weekly timeframe. It has been forming a falling wedge pattern and taking multiple supports from ascending trend line and support zones ranging from 260-280 levels. Looking good for upside for targets 350 to 400 levels. Please note I’m not a registered analyst. Please analyse your self before investing.
As price continues to make lower lows & lower highs, an AB=CD pattern is observed. The C point is a 78.6% retracement of the AB move, while the D point is at a 1.27BC extension. A Potential Reversal is anticipated from the D point whose completion point lies at C (minimum). Plus a candle engulfing the previous 4 candles in the PRZ is a favorable indicator. Note...
Bullish Wolfe Wave Pattern spotted. Ride the pattern here.
Detailed analysis given on the chart NSE:BANDHANBNK
Now Bearish Engulfing Pattern create on daily chart sell bandhan bank at 293.45 And hold it for 277.65 with stoploss 302.35
Buy @293, SL-290, TGT-298 Sell @289, SL-292, TGT-284
Bandhan Bank Trading in a Falling Wedge Pattern. Since the inception of this scrip, it has traded/followed the falling wedge pattern. There isn't any incentive to go long until there is a decisive breakout out of this falling wedge pattern. Decisive breakout means breakout out of the channel on upper side (for long), and then another candle confirming breakout...
Bandhan Bank looks too attractive at CMP 276/- for much higher rewards with smaller SL of just 18 points. Hope this time Bandhan Bank works in favor :D
Reversal from Strong support line in Bandhan bank..
(POC) if on 12th aug 2021 market opens in a positive(ABOVE POC) then taking the conformation of bullish trend by candlestick we can see a easy rally towards 35959 AND 36252. if market opens on a flat note avoid taking trade if market opens in bearish side seeing bearish conformation we can see our target #1 35858 and #2 35758 Disclaimer :- Trading is very...
BandhanBank : Bachega ya jayega? its trading in major level at weekly chart. RSI is not supporting price If it break we may see downside. For Educational purpose only.
Bandhan Bank looks Wave 2 is finishing and it should soon start with Wave 3 for higher targets of 350-375-400-425. SL is very small as usual :) Although my previous two trades of Bandhan Bank have failed, I still count on it, as each trade outcome is independent of previous one. Let it trade above 310 and it should start as per study.
Key Highlights: 1. Bullish market structure 2. Volume expansion 3. Trendline breakout 4. Rounding bottom pattern 5. Resistance: 360 6. Support zone: 323-332 7. Target: 371, 394, 423 8. Stop loss: 310 You are always advised to use an appropriate Risk-Reward ratio as per your strategy. P.S: This is NOT investment advice. This chart is meant for learning...