Bandhan bank 30th Jan swing trading Swing trading ideas
lets, watchout for this stock and see how this trade works out
taking support multiple times,
Buy after breakout of resistance line,
weekly support
BANDHANBNK trade ideas
Bandhan Bank 1d It's formed symmetrical triangle in 1 day time frame
Bandhan Bank break this channel with big volume
Any bullish candel show then we are entered this trade
#Bandhanbk cash : Looks good above 250.10#Bandhanbk cash -Positional call
23.Jan 2023
Add 50% above 250.10
and 50% more above 256.10
Target 274/300
Cmp 248
BUY TODAY SELL TOMORROW for 4% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in BANDHANBNK
BUY TODAY SELL TOMORROW for 4%
Triangle Breakout!!TRADING PSYCHOLOGY : The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up.
AC line will act as resistance line.
BD line will act as support line.
when to trade : The candlestick has to break the support/resistance line with increasing volume to confirm the direction.
STOP LOSS: If the breakout is upwards then support line will act as stop loss.
If the breakout is downwards then resistance will act as stop loss.
PS : This is 15 minute candlestick chart so the targets are most likely to achieve in 1-2 days.
Triangle Pattern A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears.
Script = Bandhan Bank
Time Frame= 1 day
Bandhan Bank AnalysisThe FASP for Bandhan is listed for 29-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: Up to 6 Months
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Bandhanbank trading above B point can we go long?Bandhanbank trading above B point can we go long? Target near 259 which is potential reversal zone.
LONG BANDHNBANK !!!!!Now BANDHANBANK ready to 200 dma
* Target = 285.30
* Entry = 242.15
* Stop loss = 234.95
BANDHAN BANKshare name : bandhan bank
call type : positional
- share is forming a falling wedge pattern with
morning star on c point and hammer candle on
monthly time frame which shows the buyer
presence in this stock
- we can accumulate this share at this level and
look for the targets of 333 and 367 as per
cypher
- stop loss is 209 for this script
thanks
Long bandhan bankBandhan bank , After beaten down from 350 to 230 zone now ready for retracement till 68%
260 it can go then will see prie action.
SWING TRADING (BANDHANBANK)If you look at the Bandhan Bank share price, there is a good chance of this happening,,From my point of view, it seems that there will be a good movement within this week, This is for learning purpose only and you can trade at your own pace
Bandhan Bank Buy Bandhan Bank @ 228 Tgt 260+ 280 + SL 210 . Its bottom out and taking upward direction. In coming months it will go more up side.
Bandhan Bank: Long CMP 234 - TGT - 260 - SL - 218- RR - 2.34NSE:BANDHANBNK
Technical Analysis:
1. Horizontal line breakout
2. Candlestick stick pattern - 3 white soldiers in downtrend
Open Interest Analysis:
1. 15% increase in open interest in a day
2. price by more than 4.4%
Hence, it leads to Long Buildup
Note: It may come down for a retest but overall bullish
BANDHANBANK showing signs of reversalAfter a long and deep down trend, Bandhan Bank is showing signs of reversal, it was a bullish hammer on the weekly chart last week, and from past two sessions the stock is showing good strength. As indicated on the chart if it breakes the upper resistance zone we can have big targets in front. Stoploss could be from 205 - 195 as per one's risk appetite.
[Bounce] Bandhan Bank Buy IdeaNote -
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.
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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.
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Bandhan bank might see up sideLooks like it is taking support at 0.786 retracement and made bullish hammer in weekly chart it might touch 258 and if it breaks long trend line then it might see good up move till 369
This is just my view, please make you own analysis and trade
Bandhan BankAlways follow Risk and Position Management❇️❇️
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading
Risk hai to ishq hai Bandhan bank se i have already posted my observation on bandhan bank earlier i have been watching this stock from 300 levels and have been waiting for this price have purchased small quantity will add more on both sides on up also and down also if trend changes from here then i will add on every dips and i will add on 220 210 levels if gets there my idea is for investing not trading on bandhan bank
price is going down fii dii both have increased holding regularly and now the scare is created in stock price for public to get there attention away i dont see price going below 200 so there is a good investment idea i will not add below 200 my last buying price will be 225 and 210 i have bought some at 235 will add 2 times more and leave for 2/3 years atleast
BANDHANBNKNSE:BANDHANBNK
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
LongCurrently trading in lower zone of trend line
Good time to accumulate
For target of 350 in few months
Just see the chart and take your decision
Fundamentals are good
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..
