Volume rising
- however delivery is very poor.
- if it breaks 142-142.5 with volumes then it can give bumper return. Auto sector in trend as well.. let's see if it breaks this time.
risky traders - buy above 142.5
else wait to see the close, if the close is above 142.5 then buy with SL of 138
Highly Undervalued.. very good fundamentals.. can be a multi bagger
Buy CMP 419
Target 500 ++
SL 400
For SAFE ones - SL - 410
It has retraced quiet a lot and looks good for reversal..
Buy bandhan bank around 301 for target of 315 - 320
SL 294
Bandhan retraced more than 100 pts from its post unlock levels.
294 is a strong support and is also the QIP price where lot of FII/DII invested money ( Fib rectracement level coincides with 294 )
pin bar - strong reversal zone
also the recent drop has seen low volumes which means big investors are still in it.
* For educational purpose - please follow your own research
forming inverted H&S - with support at 27 and target for 1st - 33 and final 36
Bank has been showing good performance with its new business model and is looking strong to turn around its fundamentals to head for higher targets.
aggressive position - buy at 28.40
safe ones - buy if it sustains above...
