Bandhan Bank👍Stock at multiple support.
👍Given reversal.
👍Good RR ratio.
👍Keep SL slightly below support level.
👍Strong Balance sheet.
👍Good Upside.
BANDHANBNK trade ideas
BANDHAN BANK - SHORTAfter Corona, Bandhan Bank is still in the range-bound market and below 250 we can see a good target on the short side for the upcoming weeks.
Previous support of 260 is broken and now it is moving towards 250. 250 level is good support and the last support of range-bound trade.
BANDHAN BANK LOOKS GOOD FOR SHORT TERMSymmetric triangle formation
Wait for breakout
TARGET AND STOPLOSS MENTIONED
1:5 risk reward setup
BANDHAN BANKStock Finally started Higher-High, Higher Lown Formation....the same uptrend may continue for a while. Bulls can keey eye on.
BANDHAN BANK LTDBANDHAN BANK LTD. Looks Bullish for Short Term on Daily Charts. BUY BANDHAN BANK @ Rs 288 Targets Expected are Rs. 315 - 322 in the next 10 - 15 Trading day Stoploss placed below @ Rs. 270
NSE:BANDHANBNK
channel brk outA good channel breakout in a daily time frame. if closes above the trendline, could see a upward movement. Taget 325+
Symmetrical triangle breakout in BANDHANBNKThe symmetrical triangle was broken out yesterday but then due to gap down opening the price again opened lower but the price is again trying to give a breakout which indicates that the bulls are fully active. Keep eyes on this
Bandhan Bank - Symmetrical Triangle in progressBandhan Bank :
Looks ready for Symmetrical Triangle breakout
Long above 303.5 with SL 297.5
bandhan bank btstbandhan bank is look good
consolidated long time at resiatnce
good volume breakout
cmp-298
2%-5% target upcoming week
BANDHANBNKIf price crosses 292 lvl then it will break channel and can reach upto given target..
Stock respecting supports very well and consolidation on daily chart..
Follow entry and Sl given on charts..
RR - 1:5+
For educational purpose..
long in bandhan bankbuy above 286 for a target 296 plus,rsi alos crossed above 50,can give good intraday momentum
bandhan bana rahe hai sab mil keaverage cost of fii is near 350 this is for investment time horizon should be near 2 to 3 years from now and if there is any change in postion i will update on this post
Bandhan Bank ready to make you rich.Stock can be bought at 295 for immediate target of 345 or 17%.
Stop loss can be put at 278(5.5%).
IDEA behind the trade - Stock is consolidating at the support area with institutions entering silently.
Supporting points - DIIs and FIIs are increasing their stake since last 4 quarters. Price is consolidating above supertrend on weekly timeframe. Also, risk reward ratio is very good for this trade.
Traders can trail and sit tightly for much larger profits of all time high i.e. 700+
Stay connected for further updates on my recent analysis.
NSE:BANDHANBNK
Bandhan BankBandhan bank gives a bullish signal today due to following reasons.
1. crossed and closed above @ 289.45 which is a resistance for last 2 months
2. on daily basis, closing price touched upper line of bollinger band, which is usually a bullish sign.
3. Supertrend likely to change its trend.
4. keeping a stoploss as a support.
BANDHANBNK Breaks the channel #LONGBANDHANBNK after 3 months consolidation it breaks the channel with good buying pressure ...so plan to go for long (buy) position...keep stop loss below the trendline...target near upper resistance
Breakout in Bandhan Bank on 15m chart.Moving Averages
From the last 2 days the stock traded below the 200ema.
The ema lines are making a wave like pattern.
The distribution of 20, 50, 100 & 200 ema is very proportional.
Breakout
Today the stock gives 3 successful breakouts.
All breakouts are in the last 3 hours of the market.
First breakout of 20ema.
Second breakout of Resistance.
Third breakout of Parallel Channel.
Other Time Frames
Bullish on Daily charts.
Prediction
Bullish
High Volatility
Trade
The price can retest the levels.
Enter a trade if price respects the levels of Parallel channel.
Bandhanbank long tradePlease do not enter now, wait for the pull back/retrace to support line to get good RR!
Bandhan Bank analysis for 3 Parameter StrategyAnalysis Notes
The signal candle gives the breakout of a Resistance and the Upper band of Bollinger band.
The stock gives the breakout of the range of 39 days.
Bollinger band has squeezed and the signal candle gives the breakout of the upper band.
RSI>60
Macd - Bullish Crossover
3 Amazing trade ideas and Index analysis for 25 AugI daily make educational content videos for financial markets
BandhanbnkBandhan bank Symmetrical triangle pattern in Daily time frame.
channel breckout any side then take trade that side .
