Bandhan Bank looks Wave 2 is finishing and it should soon start with Wave 3 for higher targets of 350-375-400-425.
SL is very small as usual :)
Although my previous two trades of Bandhan Bank have failed, I still count on it, as each trade outcome is independent of previous one.
Let it trade above 310 and it should start as per study.
It looks like its about to start Wave 3 which should take it to 300+ and later to newer life time highs.
One can accumulate it at CMP 170/- with very conservative SL of 110/- and it shall give good risk reward opportunity.
If my counting is right then, the stock looks good at CMP with SL of 2730/- for higher targets of 3400+.
The stock looks in correction mode of which major A is completed and its moving towards major B wave of which the last leg is still pending.