BANDHANBNK trade ideas
[ Intraday ] BANDHANBNK Short Trader : R ratio is 1 : 2
Rest as per Charts
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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buy bandhan bankit has formed falling wedge breakout. we may see 370 in coming days. view negated below 320
Bandhan Bank Cash Analysis CMP 311.7 Buy for Target 320-329-Bandhan Bank Cash Analysis CMP 311.7
Buy for Target 320-329-340+
SL 299 ( Bandhan BNK Fut Trading @ 314 can alter the price as Difference)
Can buy 315 CE above 13 CMP 12.8
Target 18- 22- 26-30-35+
SL below 8.8
Minimum holding Period 1 week/Targets or SL
Bandhan Bank Cup & Handle + BreakoutOn 28 May 2021, Bandhan Bank made a breakout at 300.
CMP 311, Buy with SL at 280, Target 360
BANDHAN BANK Rising Wedge pattern in 15 min time frame (SHORT)RISING WEDGE PATTERN FORMING IN 15min TIMEFRAME..
Trade setup for the week
BANDHANBNK 1D CHART - TRADINGVIEW -HEAD AND SHOULDER FORMATION AND WILL DEFINATELY FOLLOW THE PATH FOR MEDIUM TERM
Bandhan Bank is shaping up to be a good longExperimenting with Bollinger Bands here. We can see that price has closed above the UB and the bands have started to expand. With RSI just under 60 and price a smudge under 50DMA, NSE:BANDHANBNK could be a good momentum pick. Tomorrow's price action might validate the idea and give confirmation.
Given that this trade is based on momentum, an SL below today's low seems fair, with T1 being 334 and T2 being 351. Important to note the hurdle at 324.
Note: I already hold Bandhan Bank so my view may be biased.
Bandhan Bank Cup & handle ViewBandhan Bank :
Cup & Handle Breakout, ReTest Done
Long above 315 with SL 299
BandhanBank - Trading in ChannelBandhanbank is underperforming compared to other stocks in banking sector. Stock started to trade in a parallel channel and break out on either side will lead to test support(Down side) or resistance(Up side).
H&S formed invertedBreakout happen at major level - Previous support which has become Resistance
Inverted H&S Pattern
Price come to retest breakout Level
For Educational Purpose Only*
Bandhan Bank Breakout Bandhan Bank has Given a good breakout and closed above 300 Level. On upcoming trading session if it is able to sustain above 300 level , one can enter @302/303 with a target 309/316 and Stop Loss - 295. 309 and 316 will act a crucial resistance as it Fibonacci 50% and 61% level . It it sustain above 316 level then you can see a boom in Bandhan Bank and it will touch 360 level very fast.
Bandhan Bank - Long or Short ?The chart is self-explanatory. Do comment and let me know what u think of. Will it bounce back or fall ?
BANDHANBNK new uptrendBandhan bank looks like it has bounced back from support as well as giving higher low. Can be the starting point of uptrend.
Targets Zones: 324-341-363
Stop Loss Zone: 290 closing basis
Disclaimer: This is just my personal view. Please do your own research before trading.
