Bandhan bank (Headed nowhere?)Crucial support 266?? One of the bank with highest GNPA and lowest ROA.10% ..Clubbing fundamentals with technical gives investor a fair idea in choosing to buy or sell..
BANDHANBNK trade ideas
10/11/2021 Research Report For BandhanDisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Buy at C.M.P (Current Market Price) to Maximum 308
Target 1:- 310
Target 2:- 312
Target 3:- 319
Bandhan Bank👍Stock at multiple support.
👍Given reversal.
👍Good RR ratio.
👍Keep SL slightly below support level.
👍Strong Balance sheet.
👍Good Upside.
BANDHAN BANK - SHORTAfter Corona, Bandhan Bank is still in the range-bound market and below 250 we can see a good target on the short side for the upcoming weeks.
Previous support of 260 is broken and now it is moving towards 250. 250 level is good support and the last support of range-bound trade.
BANDHAN BANK LOOKS GOOD FOR SHORT TERMSymmetric triangle formation
Wait for breakout
TARGET AND STOPLOSS MENTIONED
1:5 risk reward setup
BANDHAN BANKStock Finally started Higher-High, Higher Lown Formation....the same uptrend may continue for a while. Bulls can keey eye on.
BANDHAN BANK LTDBANDHAN BANK LTD. Looks Bullish for Short Term on Daily Charts. BUY BANDHAN BANK @ Rs 288 Targets Expected are Rs. 315 - 322 in the next 10 - 15 Trading day Stoploss placed below @ Rs. 270
NSE:BANDHANBNK
channel brk outA good channel breakout in a daily time frame. if closes above the trendline, could see a upward movement. Taget 325+
Symmetrical triangle breakout in BANDHANBNKThe symmetrical triangle was broken out yesterday but then due to gap down opening the price again opened lower but the price is again trying to give a breakout which indicates that the bulls are fully active. Keep eyes on this
Bandhan Bank - Symmetrical Triangle in progressBandhan Bank :
Looks ready for Symmetrical Triangle breakout
Long above 303.5 with SL 297.5
bandhan bank btstbandhan bank is look good
consolidated long time at resiatnce
good volume breakout
cmp-298
2%-5% target upcoming week
BANDHANBNKIf price crosses 292 lvl then it will break channel and can reach upto given target..
Stock respecting supports very well and consolidation on daily chart..
Follow entry and Sl given on charts..
RR - 1:5+
For educational purpose..
long in bandhan bankbuy above 286 for a target 296 plus,rsi alos crossed above 50,can give good intraday momentum
bandhan bana rahe hai sab mil keaverage cost of fii is near 350 this is for investment time horizon should be near 2 to 3 years from now and if there is any change in postion i will update on this post
Bandhan Bank ready to make you rich.Stock can be bought at 295 for immediate target of 345 or 17%.
Stop loss can be put at 278(5.5%).
IDEA behind the trade - Stock is consolidating at the support area with institutions entering silently.
Supporting points - DIIs and FIIs are increasing their stake since last 4 quarters. Price is consolidating above supertrend on weekly timeframe. Also, risk reward ratio is very good for this trade.
Traders can trail and sit tightly for much larger profits of all time high i.e. 700+
Stay connected for further updates on my recent analysis.
NSE:BANDHANBNK
Bandhan BankBandhan bank gives a bullish signal today due to following reasons.
1. crossed and closed above @ 289.45 which is a resistance for last 2 months
2. on daily basis, closing price touched upper line of bollinger band, which is usually a bullish sign.
3. Supertrend likely to change its trend.
4. keeping a stoploss as a support.
BANDHANBNK Breaks the channel #LONGBANDHANBNK after 3 months consolidation it breaks the channel with good buying pressure ...so plan to go for long (buy) position...keep stop loss below the trendline...target near upper resistance
Breakout in Bandhan Bank on 15m chart.Moving Averages
From the last 2 days the stock traded below the 200ema.
The ema lines are making a wave like pattern.
The distribution of 20, 50, 100 & 200 ema is very proportional.
Breakout
Today the stock gives 3 successful breakouts.
All breakouts are in the last 3 hours of the market.
First breakout of 20ema.
Second breakout of Resistance.
Third breakout of Parallel Channel.
Other Time Frames
Bullish on Daily charts.
Prediction
Bullish
High Volatility
Trade
The price can retest the levels.
Enter a trade if price respects the levels of Parallel channel.
Bandhanbank long tradePlease do not enter now, wait for the pull back/retrace to support line to get good RR!
Bandhan Bank analysis for 3 Parameter StrategyAnalysis Notes
The signal candle gives the breakout of a Resistance and the Upper band of Bollinger band.
The stock gives the breakout of the range of 39 days.
Bollinger band has squeezed and the signal candle gives the breakout of the upper band.
RSI>60
Macd - Bullish Crossover
Bandhan Bank - BreakoutBandhan Bank :
Good Ascending triangle breakout observed
Long above 298 with SL 293
#Bandhanbk cash : Looks good above 297.50#Bandhanbk cash -Positional call
24 Aug 2022
Looks good above 297.50 and dips
288-290
Stoploss 280
Target 314-315/340
Cmp 295.75
