BANDHAN BANK IS ALL SET FOR BREAKOUT A CUP AND HANDLE PATTERN HAE BEEN FORMED IN DAILY AS WELL AS WEEKLY CHART OF BANDHAN BANK. AS PER MY VIEW, NEEE TO ACCUMULATE IT IN THE RANGE OF 325 TO 340 WITH A MINIMUM TARGET OF 400 AND IF SUSTAINS ABOVE IT, CANN MOVE MORE UPWARDS. THE SL IN THIS CASE CAN BE KEPT AT 310 TO 315 LEVELS ON CLOSING BASIS.
ONE CAN ALSO BUY A CALL OF 400 DECEMBER SERIES, CMP IS 7.5, IF EVERYTHING GOES FINE IT CAN ACHIEVE A TARGET OF 20 TO 25 RS.
