Bandhan BankDown trend channel but triangle pattern break out only above 432 which can give good upside....
BANDHANBNK trade ideas
BANDHAN BANKIts from open room if you want to take a tread in bandhan bank then its for you, buy above 401.90, 401 price was a great support but now its has become a resistance if this price crossed then a good profit will be seen. Those who wants to short go when it crosses the support of 384 because this price range has worked simultaneously as a good support.
BANDHAN BANKLOOK AT MY ANALYSIS HEHEHEHE I FEEL LIKE A I'M GOOD AT PAINTING.
BUT IT'S MY VIEW.BANDHAN BANK NEVER GONNA TOUCH THE SKY.
INSTEAD IT'S A STOCK WHICH IS DOWN TO EARTH.
Bandhan Bank triangle patternNSE:BANDHANBNK Levels in the chart..
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
NSE:BANDHANBNKBandhan Bank
Important Support and Resistance
In good uptrend.
Next up move if stays above 425
Some weakness may come if starts to stay below 394
[Positional] Bandhan Bank Double Bottom PatternAnyways, We are holding buy. I am thinking to close the buy position and shift it to naked put sell (Slight OTM) to reduce delta and do call options to cover the cost.
Will decide on Monday.
Past Trade -
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...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
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...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
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
