BANDHANBNK trade ideas
Bandhan Bank - Can it break the stiff resistance on 5th attempt?At 402 , there is a strong resistance from a long trend line.
Safe playing investors should enter only above 402 on "closing basis" for the targets in green in due course.
However, the ADX > 25 indicates a very strong trend at the moment backed by a Golden Cross recently.
So risky investors can take a chance entering at CMP- 373 for a target of 402 which is about 8% but a strict stop loss is mandatory. This 8% target might be achieved in the next few intraday sessions as well.
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BANDHANBANK - Long Term Bullish View (Techno-Fundamental)This analysis is done purely on basis of Price action & Chart Pattern.
The analysis is done on Daily Time frame with a long term view.
This analysis is purely for education purpose. Kindly do your own study before doing any investment.
Feel Free to comment for any query and suggestion.
Bandhan Bank - ShortBandhan Bank CMP - 289.45
Looking bearish in higher time frame. One can go Intraday / Swing Trade with the following entry, exit & targets
Sell at or below 289 - 288 / Stop Loss 296
Target 1 - 285
Target 2 - 281
Target 3 – 277 / 275
Disclaimer: This is my view and for educational purpose only.