Since December 2020 price has been moving in a down trend, it has formed a complex triple correction WXYXZ pattern. Looks like the wave II correction is over now and price is at the initiation of wave III. Wave III target should be around 910 level, which is around 330% from CMP and can be achieved in medium to long term (1 year approx.) If you are a conservative...
Bandhan Bank is currently 76.58% down from it's lifetime high at a time when all the indices are at their peak. It is currently highly undervalued and I do not see the stock going down any further from this price point. The company is showing constant profits and the sales have been increasing. The share should be at around 500 levels at least. Do share your views...
this stock is now near to its support levels... we have a chance of inverse head and shoulders in this stock... wait until price creates a right shoulder...to continuation up to 320 levels. Enter only after confirmation, otherwise it leads to breaks the support and goes down.
stock is strong downtrend its one of theweakmost names in banking space with banking index trading near all time high this stock is at 52 week lows and not just that but at 3 year lows such stocks are ideal sell candidates fr trading and expect a heavy downmove here with a stop above 232 mark
Bandhan Bank is trading near it's support zone and looking good when it comes to Risk & Reward. Buy in small qty @ 214 and add if comes lower until sustains above 180 on the closing basis. Happy Trading!
Bandhan Bank Ltd. is a banking and financial services company present in 35 out of 36 states and union territories of India, with 6,140 banking outlets and 3.07 crore customers. The Bank provides range of personal, business and NRI banking facilities. Bandhan Bank CMP is 243.40. The Negative aspects of the company are declining cash from operations annual and...
As per analysis, NSE:BANDHANBNK is trading at demand area of 217 and respect's support level of 210. This could be best risk and reward opportunity to go long at level of 217 with strict stop loss of 295 (-22). My expected upside target would be 247 (+30) & 264 (+47). It mat take 6-9 weeks to get upside levels. Note: This is my personal analysis, only to learn...
Bandhan Bank Elliot Wave Analysis Bandhan Bank Complete wave 1 upside or 2nd Wave downside complete or complete 62% retracment and again start 3rd wave upside target 300
It forms the doubble top and also form the bearish engulfing candle so we have to short till 280
1.weekly time frame brokout and retested the breakout zone 2. 15 min higher volume and positive divergance 3. making falling wedge may give breakout and give proper entry
there is a breakdown in bandhan bank which can now trade into lower levels so we can short and enjoy profit booking
Hi Bandhan Bank is looking good....if mentioned trend break with volume then will see very good upside for 350 to 375.....!!! Have a great day!!!
Bandhan Bank history will repeat it self 🧐🧐🤔 , will Bandhan Bank bounce back or we will see a breakdown from head & shoulder pattern ? What do you think about it?
Bandhan Bank is moving in a parallel channel, Possible targets are 360+ in short-term view, Strict SL should be at 325 levels.
Today Bandhan Bank has given a breakout. As I said earlier, if it break the trend upwards then you can buy with a target price of 400. Tomorrow on 19th Nov their is a chance of gap up opening for Bandhan Bank.
Trend Reversal expected. Elliot wave 3-4 almost complete. Will start heading towards 402.40- 461.05 soon.
Expect 346in short term and 459 by Dec 2020. Post Dec this Bank will be very bullish
#BANDHANBANK after QoQ result stock was falling but got the support over 20EMA. Forming the symmetrical triangle pattern on 15 min Chart. Showing Bullish result in Technical Parameter: CCI is treading UP RSI is treading UP Stoch %k crossed above %D DI+ is treading above DI- Got support over Bolinger Band mid line ATR is decreasing and now below 20 Short...