Target 320Target 320 Buy near 295(294-297), Stoploss 290
Bandhan bank is taking support near 295. it is making a bullish triangular formation along with hammer bottom.
BANDHANBNK trade ideas
Bearish Tone in Bandhan BankIn the Daily chart, Bandhan Bank is showing a clear breakdown of support with significant volume which shows that there is weakness in the stock. If it continues to fall with good vol, then one can short according to own risk appetite. It can be either swing or intra short.
LONG BANDHANBANKEnter in BANDHANBNK between 300 and 260....wait for reversal with volume on lower TF........ No sl as it was for investment purpose....... Immediate target for swing traders will be around 500,600 and long term above 725 easily......levels are marked........ best buy if goes around 195
BANDHANBANK Looks weak !!!BANDHANBANK : cmp : 311.25
Looks very weak may test 300/296
Sell on rally.
SL 320.6 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Bandhan Bank (NSE Cash)Bandhan Bank (NSE Cash)
LTP: 337.95
Support: 335.05
Resistance: 344.75 / 349.90 / 357.70
Market cap: 529.649B
Vol: 2.21M
Rel vol: 0.28
Avg vol: 10.191M
Float: 681.681M
***Technical data looks good
Daily charts (long term)
The charts are in an uptrend.
20 DEMA is below 100 DEMA but there is a reversal.
MACD is showing a bullish reversal in the bear zone so we will consider it as neutral.
RSI has crossed the 50 mark and is trading in the bull zone.
***Bullish chart
Hourly charts (medium term)
An awesome green candle with momentum.
20 DEMA has crossed the 100 DEMA which is a bullish signal.
Volumes are in green which again is good.
MACD is in the bullish zone with a bullish pattern.
RSI is above the 70 mark. We can see a bull run once it crosses and sustain above the 80 mark.
***Bullish chart
15m charts (short term)
Beautiful high top high bottom formation of candles.
DEMA is aligned.
Volumes are good.
MACD is in a sharp uptrend.
RSI is closing the 70 levels which is a strong sign as well.
***Buy for short term targets of 345 / 355
Rising Wedge Pattern in Bandhan BankRising Wedge Pattern in Bandhan Bank Has Formed, Stock Can Give Breakout From Both the Side Be Ready With Stoploss and target
''FOR EDUCATIONAL PURPOSE ONLY''
BANDHAN BANKTrading above 5 - 20 ema RSI above 45 on daily, standing on good support. Rising volumes with good buying.
Bandhan Bank Ltd.This is a good level to accumulate the stock for a medium term position. Bandhan Bank Ltd can be accumulated at the level of 310-320. Very soon it will be out the consolidation phase and move upside.
BANDHAN BANK AFTER CONSOLIDATION BANK BREAK OUT DOWN SIDE AND MARKET IS ALSO WEAK DUE TO COVID19. DOWN SIDE LEVEL AS MENTIONED IN CHART CAN BE ACHIEVED.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
BANDHAN BANK - SIDE WAYS TRENDDuring last couple of Trading sessions Bandhan Bank has broken the Resistance Level of 317. The Stock can been at near about second Resistance at 295. No much movement in the Stock is expected.
BANDHAN BANK INTRADAY PLAN - 26 APR 2021BANDHAN BANK INTRADAY PLAN - 26 APR 2021
Looks good for going long in intraday after looking at the current volume last hour towards buying.
Bandhan bank....... Barracuda ???Explained on charts.......
This is just my view.... trade according to your own risk management
BANDHAN BANK LONG Setup Explained : Potential BreakoutNSE:BANDHANBNK
Stock is in a healthy uptrend
The resistance has now turned support
Stock is in a Range and has the potential to bounce off the support area after consolidation
A close above 356 on Daily or Hourly timeframe followed by a closing green candle should trigger LONG position
Stop Loss of 290-292 is advised
Support289 -285 is the support zone where price can take support and bounce. If finds long lower wick or bullish candle or narrow range candle then will go for buy with stop below 265.
Disc : it's not an investment advice to buy or sell
Last good support for Bandhan Bank?Bandhan Bank broke its long term channel and has simply crashed out of the 'long' thesis. However, this might be the last support zone maintaining that 'long position'. Let's track it actively and be careful. Also remember that Microfinance is not Retail Lending Business.
Options trade-Bandhan bankHigher lows and lower low at support.
Breakdown will lead to 310-300.
Buy 300 Put option.
Stoploss-330.
#BandhanBk cash : Looks good sell below 320 levels#BandhanBk cash
18.04.2021
Looks good sell below 320
stoploss 325
Tgt 312/304
Cmp 322.50
[Diary] Bandhan Bank Monthly OverviewIf the downside triggers, the bet will be rather on consolidation with downside bias than sharp downside.
While for upside, I will also buying with stoploss.
Current Position is 300 PE naked sell.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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