ameyagawade9

ameyagawade9

technical analysis - points to be bullish on Bandhan Bank. 1. Bandhan bank was in downtrend for many weeks gives a fake breakout once , but gives pullback again. 2. for more confirmation, at 1 hour time frame- confirmation that the current breakout is not fake, downtrend breaks & retested results in ready to move up. 3. on weekly chart, shows bullish...

ameyagawade9

my view for investing / trading in ABCAPITAL- 1. company revenue as well as profit is increasing yearly. 2. on chart, daily candle is making double bottom pattern. 3. some serious buying happening since 2 days, supporting double bottom pattern 4. recent Q2 result was good and company is working on betterment of financials. this analysis is for education purpose only.

ameyagawade9

points to be noted- 1.strong upside trendline support ( containing 50 daily candles) 2.consolidation of 8 months breaks (October monthly candle) 3.october sells of company are better than expected. 4.strong demand at 140 and 145 strike price. this analysis is for education purpose only.

ameyagawade9

indications for breakout - 1.formation of cup and handle pattern on daily time frame 2.failed once and again approaching resistance level with volume 3.increasing in volume with bullish candle 4.% of Deliverable Quantity to Traded Quantity 42.46 % recorded on date 2-11-21 this analysis is for education purpose only.