BANDHANBNK trade ideas
BANDHANBNK Short (588.75 - 593.25 - 604.60)BANDHANBNK
Sell
E: 588.75 - 604.60
S: 650
T: 512.55 - 462.65 & more
Bandhan bank break trend line upside.Bandhan bank break trend line upside. IT IS NOT ADVISE IT IS MY VIEW ON MARKET .
BANDHAN BANKBANDHAN ascending triangle breakout
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading.
Upmove to continueUpmove is likely to continue but before that one dip towards 405-390 should be there to keep weak hands out of the market. Opportunity can be searched in this zone with strict stop loss below 379 (for short term trader ) and 350 ( for medium term trader) for target of 500+.
Disc : It's not an investment advise to buy or sell
Bandhan Bank looking good Bandhan bank breakout + Retest and break the breakout candle perfect charts according to me for long from CMP for the first target of 500
Bandhan Bank - ready to move upside!!! 500+ on the cardsStock has been moving up after consolidation.
Interesting fact:
Bank is catching up mutual fund's attention again. At the end of Q2, they held 4.92% stake in the stock, compared to 1.7% in Q1. Also, FII increased their holdings
Increase in revenue for the Past 8 quarters, ROCE & ROE improving since last 2 years.
Asset quality improving in the last quarters , improving net cashflows in the last 2 years.
Traders can expect 450+ soon in 1-2 months and for long term target of 500+. One can buy on dips too for good returns in the coming days
BANDHANBNK Buy signal at support at the trend lineI will buy BANDHANBNK because :
It has been taking support at the trend line .
It has touched the trend line 3 times and has not been able to break it.
It is also forming a inverted head and shoulder pattern.
So will be looking at buying opportunities.
Entry : 325
Target : 405/410
Stop loss : 295
09/11/2020 Confirm Breakout on Bandhan BankBuy @ CMP CURRENT MARKET PRICE
First Sell Target @ 400
Final Sell Target @ 420
BANDHANBAKN Long....Above 415
if breakout with volume then we may see 460-480-520
above all important moving average
weak below 248
support at 400-350
Target 520Cup and Handle set-up. Buy with target of 520.
Please use strict stoploss and money management rules.
This idea is for educational purpose only. Consult your financial advisor before investing.
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NSE:BANDHANBNK Confirm Resistance 397 Breakout Good Buying Oppertunity with Risk Reward Ratio of 2.55 and Investment of Rs.10000/- NSE:BANDHANBNK
finally achieved it and bonus points running todayone of the good journey finally achieved all targets happy trading all the best
Bandhan BankAn Inverted Head & Shoulders price pattern on the Daily Chart. The pattern implies strength in the stock, price could extend its ongoing run to Rs.400.
