Bandhan BankIt is showing signs of completion of a sideways corrective near its Kumo support. If it holds 357 on hourly basis it could retest 400, sustaining above it could take it till 450.
BANDHANBNK trade ideas
Should turn green immediately for good moveIf Bandhan recoups 371 in a day or two, it may be a good entry point for medium term, say one month with low target at 392 conservatively speaking and if it breaks out then at 480 by 10-12 Feb. Support all along, around 310
[Positional] Bandhan Bank Long IdeaBandhan Bank results on 21th. I don't see it falling before that. You can buy futures. I will suggest ATM PE because the IV has made the premium abnormal.
Sell Bandhan Bank 340PE at 8.3 for safe bet.
Shorting PE = Long view
Bandhanbnk- Possibly accumulatedNSE:HAVELLS
Formations-
1. 30Min chart shows stock consolidated in range 352 to 362 levels.
2. We can see possibly bounce here if hold support and this consolidation will treated as accumulation.
3. Next resistance levels at 372/378/398
4. Support near 352/355
BANDHAN BANK IN BUYING TERRITORYI posted a Bandhan Bank breakout post last time after giving a triangle breakout is immediatley came down bcz of the supply zone now the price has corrected and giving a price action momentum in demand zone additionally there is RSI DIVERGENCE!
You can analyse your own and can go for long if any setup found according to u!
-Rv The Trader
Bandhan Bank Channel mean reversion - SwingNSE:BANDHANBNK Levels already mentioned.. Look for intraday to Swing..
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taking support at this level.As shown on the green line.. its taking support at 375. if it holds then will attempt to go back to 420 and beyond.
DAILY SWING CALL // MONDAY 14th of December 2020 // BANDHAN BANKDAILY SWING CALL // MONDAY 14th of December 2020 // NSE:BANDHANBNK
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 423.2
TARGET: 487+ (15% Around)
STOP LOSS: 380 (10% Around)
DURATION: In 15-20 Trading Sessions Target should be achieved
FOR STANDARD NOTES / DISC: Please refer my earlier posts on Tradingview.com
BANDHAN BANK - BULISHIT'LL GET SUPPORT STRONG FROM EMA 100
EMA 50 ALREADY CROSSED EMA 100
NOW, IT'S TIME TO CROSS EMA 100 TO EMA 200
Bandhan Bank- Looks WeakBandhan Bank :
Looks weak, can break support
Short below 389.5 with a SL 392
Seems to be Bullish!!!Analysed levels mentioned on chart!!!
Ping me into the inbox for any query...
Regards @MrAkshatP
Bandhan Bank trading within a channelBandhan Bank trading within a channel. Resistance from earlier levels and about to break the lower channels. If lower channel is broken then the stock make be a good candidate for intraday short. If reverses then good candidate for long position
*** Purely personal analysis ***
Investment in securities is subject to market risks. Kindly consult your financial advisor before investment
#BandhanBank cash : buy around @ 414-417 #Bandhanbank cash
05.01.2021
Looks good around 414-417
stoploss 405
Target 430/448
Cmp 419.50
