It has bounced back from this level like a king twice back in the past. One can see an inverted cup and handle pattern too. But until it is moving above the zone I'll be maintaining a positive view on Chola fin.
Looks like it has decided to move to the 3600-3700 range. But overall its a good buying zone. But if we see a strong reversal from the 3600-3700 zone that could be a good risk-reward trade for the short to mid-term.
Bandhan Bank has been moving in a channel and right now it has 2 important supports one channel support and a horizontal zone. It can be a good entry with a super risk-reward for the short to mind term.
Chart looking good at cmp. This level has been acting as good support. Fundamentals aren't bad. Not a company having so much debt. Covid created some impact but performance has seen some recovery. If not for the long term can be taken for a swing trade if one finds a reversal.
From August 2020, Gold has been moving in a downward channel and finally, it gave breakout recently. It might take some months to give a good up move as a slow mover, but it has a good possibility of the uptrend from now on. Long way to go for gold.
Nifty PSU Index has a lower trendline intact from march 2020, recently it got broke and ofcourse acts as resistance. 50% retracement of swing low can also act as resistance. So buy strictly after breakout could be a better choice.