BANDHANBNK trade ideas
Bandhan Bank reverse H&S pattern seenBandhan bank long term target can be looked at 370 as reverse H&S is seen in the charts. Breakout at 320 levels and will see the upside. Thanks for going through
[Positional] Bandhan Bank Compression TradeI have 300PE sell + I am thinking to do 340CE sell.
Do a Put Credit or Call Debit Spread. I will sell naked ATM Put.
As per the 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.
=======
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.
=======
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.
=======
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.
=======
LONG BANDHANBANKThis is a clear depiction of H&S pattern with a rejection of the shoulder area. Targeting the resistance with safe stops.
Don't over complicate your strategy
Always use your risk management plan.
GOOD LUCK
BANDHANBNK Buy signals at 313I will buy BANDHANBNK because :
It has been taking support at the trend line.
It has touched the trend line 4 times and has not been able to break it.
So will be looking at buying opportunities.
Entry : 313
First Target : 352
Second Target : 400
Stop loss : 290
Text Book For Leading Expanding Diagonal ( Revised Out Look ) One of the Most interesting identification of R N Elliott wave theory is a confirmation of Leading the Trend
His Practice has made him to view and identify a visual patterns which have been proved them self as repeating patterns
His discovery are amazing and very talented , although he had very less data during his research he could able to identify
these patterns time and again and have made Rules and guidelines for them, these rules and guidelines are so effective even after 70 Years
that they work exactly the same way he explained in 1930 ,
I have seen many comment with different view , but once they get the confirmation they are wrong they tend to look for better results
i have also seen people who ignored me have learnt an Expansive learning in their life ,
My point is simple , if you are day trader or swing trader improve your knowledge to such a Extent that your trading profession becomes profitable to you
Regarding this scrip BANDHAN BANK its going for its swing up side move after this brief correction
those who are looking for long term investment and Gains , You can look to invest up to 25000 INR and double it in next 15 to 20 Months
Tats all flocks Good luck
#BANDHANBANK CASH : LOOKS GOOD SELL BELOW 318#BANDHANBK CASH
13.10.2020
SELL BANDHAN BANK CASH BELOW 318
STOPLOSS 326
TARGET 308/302
(SUPPORT 300-302)
CMP 320.60
BANDHAN MONTHLY INCOME TRADE TYPE 3 LONG BANDHAN MONTHLY INCOME TRADE TYPE 3 LONG TRADES. FOR EDU PURPOSE ONLY
Swing and Intraday: Enter @ 332 -333 for target of 360+Swing and Intraday: Enter @ 332 -333 for target of 360+ with SL of 317 for Swing and 325.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
Bandhan Bank StrategyIn the previous post what was manifested happened the same. Now what?
1) If price takes out 8th Oct 2020 low in 15mins time frame the target will be S1.
2) If price takes out S1 in 15mins times frame then Target will be S2.
3) If the price holds S2 & buying setup forms in candlesticks then the price will see an upside move till T1.
4) If price takes out T1 in 1Hr time frame then the target will be T2.
This is a BUY on dips market so identify on which dip you should buy.
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!!
DO NOT FORGET to put your own STOPLOSS!! KEEP STRICT STOPLOSS!
If you earn from my ideas, kindly consider donating a small part of your profits to those in need.
Always trade what you see, never trade what you feel.
ThankYou!
Bandhan Bank-Trend AnalysisDisclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose
BANDHAN BANK BUY CALL FOR SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
INTRADAY SHOT!!Bandhan bank is kinda trustable share, it may not be very beneficial for long but is surely good for today.
RANGE BREAKOUT - Bandhan bankShort Below 220 with the stop loss of 227. Targets are 217, 210 and 205.
