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.
BANDHANBNK trade ideas
Breakout !!!The stock gave break out today.
And also creates good volume, looking for strong up move .
This is only for educational purpose .Do your analyze before trade.
BANDHAN BANK | Awesome Swing Trade | Resistance BreakoutKey Points:
Bandhan Bank came up with the result and after that, it was going up
Look like a good momentum stock, as a trader we are supposed to catch that momentum. Even when the broader market was falling like anything, Bandhan Bank went up yesterday (+ve sign)
Today it broke the crucial supply region, which shows demand for this stock
Educational Purpose Only.
Trade based on your own risk with proper money management.
Bandhan Bank ViewBandhan Bank :
Resistance breakout done, need to sustain
levels to watch out, GAP Filling pending Long above 328 with SL 323
Breakout In Bandhan BankThe stock has given a breakout of its falling wedge pattern. Entry can be initiated above 318 with an SL of 303 for future targets
BANDHAN BANK STRONGLY BULLISH*BANDHAN BANK*
*CMP:* 316.25
*TGT:* 321, 330, 340, 355, 365
*SL:* 298
*Risk Reward (RR):* 1:3
*Potential Returns :* 15.5%
*Potential Loss:* 5.7%
*Time Frame:* 4-8 Weeks
Bandhan bank (Long)Bandhan bank broken 200 EMA on daily chart
following downward channel on weekly chart
For long holding duration deep SL can be 230
Buy above 324
SL 251 - 279
TGT 423 - 528 - 634
Please do correlate by yourself also on charts. This is for paper trading and educational purpose only. Must consult your Financial advisor before investing.
BANDHANBNK - Risky TradeLevels mentioned on the chart.
Stock is at support of the CIP zone and the falling channel pattern.
Only allocate the funds that you can afford to lose. Because the stock is on continuous downtrend.
Swing tradeTrend line break out, good close above previous swing high. Go long to trgt with stop loss of 2% on daily basis candle close. Not a call
Note :- Education purpose only...!!!
#Bandhanbank cash : Looks good above 267.10#BandhanBank cash -Positional call
06 Jan 2022
Resistance 1st 267
Resistance 2nd 288-290
Looks good above 267.10
stoploss 255
Target 284-290
Cmp 263.95
BANDHAN BANK ready to ride...Bandhan bank weekly in support and also good bounce . Expect Target 1 - 420 . Target 2- 620
Clear chennel pattern in Bandhan bankBandhan bank making lower lows and lower highs (swings)
getting support on lower level and also resisting higher side
forming regression chennel pattern on daily chart
recently it touched down side trend line and made bullish candle stick pattern
agene it can be consider for buy side from here
Swing trade setup In BandhanbankRecovery is possible from these levels as price reached to its support trend line of this channel pattern.
A bullish candle formed with a big volume adding up confidence.
Trade can be triggered from the high breakout of today's candle and low will be the stop loss of this positional trade.
Bandhan Bank Ltd Long @ Rs 275.1 or BelowBSE:BANDHANBNK
Entry Rs 275.1 or Below
Target 316.8
SL 258
Time: 4 Week
CMP 277.3
Bandhan Bank Ltd is trading at 277 prices has started moving upward from the Demand zones. Stock price touched the demand zone and responded from there.BankNifty is looking to move upward and Bandhan Bank price is now looking to move upward. Buy and hold for the 4 weeks.
Disclaimer: the author may enter in trade, take your own decision , This is a trading idea, not an trading or Investment advice
Bandhan Bankposition call
Bandhan Bank
Above 251
Target zone ,264,272
Below 248
Target 243
Minimum 3 days holding 10 percentage will up move
Don't miss that
Bandhan BankPosition call
Bandhan Bank
Above 251
Target zone ,264,272
Below 248
Target 243
Minimum 3 days holding 10 percentage will up move
Don't miss that
Bandhan Bank : Perfect play of support and resistance theoryThe stock has been following the support and resistance theory.
The earlier support (Price zone from which the Price jumps up multiple times) is turning into Resistance (Price Zone from where the price turns down multiple times) and earlier resistance is turning into Support.
The stock has given a weekly chart breakout with good volume and considering the growing economy now a days with lesser covid cases this bank can perform really well.
The risk to reward is highly favorable at this point of time in this small cap sector private bank.
DISC: Please consult your financial advisor before making any bet. This is for educational purposes only.
Bandhan Bank BearishBearish Momentum may continue further concentrate fo
r short if price sustain below 265
