BANDHAN BANK bandhan bank is on the verge of breaking out downward sloping trundling on weekly chart and is bottoming out from Covid lows new management has been appointed at bandhan chart tells they’re going to do wonders
Bandhanbankchart
Bandhan Bank - Possible Bearish TradeDaily supply zone 150 - 156
Flip Zone Resistance at 157
Downside supports at 142 - 138 1st targets
132 - 128 Second support area target
Entry confirmation on lower time frame compulsory
Upside Sl if any to be above 158
High probability option trade possible with low risk
BANDHAN BANK - DOUBLE BOTTOM IN FORMATIONSymbol - BANDHAN BANK
CMP - 151.12
Incorporated in 2014, Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. The company has a PAN-India presence and offers a wide range of banking products & services and asset & liability products and services designed for micro banking and general banking.
A double bottom pattern is currently in formation, and the price is undergoing a consolidation phase. At this juncture, the key level of focus is 154, which represents the breakout zone for this consolidation (Buy Trigger). If the price successfully sustains above this level, a potential upward move towards 168 can be anticipated. Therefore, I intend to initiate long position in Futures at the buy trigger level. Additionally, I plan to add more position around 150 level and will hold long position with a stop loss at 144. The target for this trade is 168, which implies an expected upside of approximately 8.40% from the entry point.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BANDHAN BANK | LONG TERM TARGET @ 400Bandhan Bank is trading near it's strong demand zone @ 170 - 150 and one can start accumulating the stock between this range.
We expect this stock to take support in this zone, consolidate and start rally towards 250 and eventual long term target is 400. In case we get weekly closing below 150 consider this as a SL.
Happy Trading!
InvestPro India
BANDHAN BANK 285 ?We can now long Bandhan bank for 285 target as per technical, we can see abc corrective pattern and i think this is the last wave of this share
If share is start trading above 210 we can see target of 285 and if share is sustain above 285 we can see this share in uptrend .
and again we can see a breakout of falling wedge in this share.
not valid below 190
Thanks
Hoping for a good Breakout in StockHi All…
Greetings!
Today I’m sharing with you Bandhan Bank Ltd. Weekly Chart. I’m hoping for a good break out in the stock. The stock has been a under performer from a long time. I think it would a good time to invest in the stock.
In the coming time I think it should give good returns.
Thanking You
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.
Keep Learning,
Happy & Safe Trading
Disclaimer – These ideas shared by me to all are my personal analysis / views. I'm not a SEBI registered technical analyst.
BANDHAN BANK LOOKS A GOOD BUY AROUND 210BandhanBank is trading near it's support zone and looking good for upside targets marked on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
BANDHAN BANK 300 ?We can now long Bandhan bank for 300 target as per technical, we can see ab=cd + cypher pattern in this share. and we can see a breakout of falling wedge in this share.
not valid below 200
Thanks
Bandhan bank 300-wolfe wave ???We can see a breakout ion upside of pennant pattern by this wave and then Bandhan bank come inside again in this pennant as per my analysis. I am posting chart third time of Bandhan bank.
In technical terms we say this pattern as a wolfe wave
Short on bandhan bankCMP 232 , Target 165 , Looking at the current structure of bandhan bank , expecting to touch 165 . One can trade 200 PE options march expiry or sell futures at CMP
Bandhan Bank AnalysisThe FASP for Bandhan is listed for 29-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: Up to 6 Months
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
BANDHAN BANKshare name : bandhan bank
call type : positional
- share is forming a falling wedge pattern with
morning star on c point and hammer candle on
monthly time frame which shows the buyer
presence in this stock
- we can accumulate this share at this level and
look for the targets of 333 and 367 as per
cypher
- stop loss is 209 for this script
thanks
BANDHANBANK - Intraday levelsRefer the cart well
On the higher side a triple top kind off patter has been formed so a buy above these levels should give you a good move.
While on the lower side the stock has tried to break the levels of 330 but received a rejection by the buyers, hence a sell below this level is recommended.
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
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 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 IS LOOKING BULLISHBandhan Bank Is Moving In Falling Wedge Pattern.
But It Is Looking Bullish, Wait For Breakout From Wedge
And 348 Price Level Which Is It's Previous Resistance.
We Need Breakout With Heavy Volume.
Bandhan Bank Levels for 18/11/21Bandhan Bank is trading from few session in Falling wedges Look out for Breakout.
As I always recommend that all TGTS are entry and exit levels and also All pattern lines can also be exit and Entry levels.
Bandhan Bank Levels for 18/11/21
Buy above 312 TGTS 313/315/318 MaxUp(322-330)
Sell below 309 TGTS 308/305/302 MaxDn(298-290)
Bandhan Bank Levels for 17/11/21Bandhan Bank is trading from few session in Rising wedges Look out for Breakout.
As I always recommend that all TGTS are entry and exit levels and also All pattern lines can also be exit and Entry levels.
Bandhan Bank Levels for 17/11/21
Buy above 318 TGTS 320/323/326 MaxUp(330-335)
Sell below 315 TGTS 314/312/310 MaxDn(306-300)
Bandhan Bank Levels for 15/11/21Bandhan Bank is Trading from last few session in Falling wedges and between Triangle Pattern also Look out for Breakout.
As I always recommend that all TGTS are entry and exit levels and also All pattern lines can also be exit and Entry levels.
Bandhan Bank Levels for 15/11/21
Buy above 312 TGTS 313/315/316 MaxUp(319-325)
Sell below 310 TGTS 309/307/301 MaxDn(296-292)
Bandhan Bank Levels for 12/11/21Bandhan Bank is Trading from last few session in Falling wedges Pattern and between DS Zone Look out for Breakout.
As I always recommend that all TGTS are entry and exit levels and also All pattern lines can also be exit and Entry levels.
Bandhan Bank Levels for 12/11/21
Buy above 309 TGTS 310/312/314 MaxUp(317-325)
Sell below 305 TGTS 303/300/398 MaxDn(290-285)
In Bandhan Bank we have earned 183 points in last 14 days with a Avg of 13.07 points
check previous LEVELS
Bandhan Bank Levels for 10/11/21Bandhan Bank is Trading from last few session in Rising wedges Pattern and between DS Zone Look out for Breakout.
As I always recommend that all TGTS are entry and exit levels and also All pattern lines can also be exit and Entry levels.
Bandhan Bank Levels for 10/11/21
Buy above 309 TGTS 311/313/315 MaxUp(321-327)
Sell below 305 TGTS 303/300/298 MaxDn(295-290)
In Bandhan Bank we have earned 183 points in last 14 days with a Avg of 13.07 points
chech previous LEVELS
