1) Trade With 44 moving average : conformation moving average indicater 2) Triangle Pattern breakout *Entry at :- 107.20 *Target :- 109, 113,116 *Stop Loss :- 103
Bandhan Bank Trend line Breakout Take Entry above 328-330
trade setup based on: support area or demand zone trend-line-breakout strategy Note: Its just my point of view, Please recheck and enter the trade with proper risk management.
It's the right time to enter the trade long! It has given a good breakout through the trend line and as well as the 20 SMMA. and we can also spot a bullish divergence which makes our entry more reliable.
We can short Axisbank if the RSI Breaks the trend line for a target levels as mentioned in the chart. If the stock breaches the resistance, it will fly high. Always keep stoploss. Share your valuable feedback. Disclaimer : Do your own analysis before taking any trade. This view is for educational purposes only
In this stock there is multiple factors like support resistance Breakout , triangle breakout , downtrend line Breakout