Science Backed by Data[BandhanBank Series]: Target 302-327

Hi Friends
BANDHANBNK has broken out of Elliot wave Triangle, consolidated, went back intraday and broke up again on good volumes.
Long Positions can be made above 285 for
Targets of
302,
327,
350,
376.
Stop Loss to be used is
282.6
276.9
259
240
Breakout is on higher volumes + Elliot Wave Triangle Breakout + PitchFork Channel for low risk.
For people with lower risk band keep moving higher Stoploss according to pitchfork channel.
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Note:- ZoomIN to see complete details of Study

Trade active:

Friands, Bandhan Bank Bazzoka. Keep riding for targets. touched 294

Comment:

Sorry for typo...Friends. Bandhan Bank shed all its Bandhan's today and really was a bazooka. Coming 2 weeks it will be a major gainer

Comment:

See how well the Pitchfork played out for Support. Today it broke out with 20.5 Million strong volume. 1-2 days may carry it to 1st target of 302.
updated chart at www.tradingview.com/chart/3MPwhwnM/

Comment:

Bandhan Bank bazooka going strong. Looks like 1st target of 327 is coming soon. Book 50% profit for safety. Or carry with SL of 310

Trade closed manually:

BandhanBank 2nd target achieved, today's high at 326.85. Book full profits. Played out perfectly friends

Trade active:

2nd target reached 350, moving further to 357, locked at 15% upper circuit. 3rd target 376 looks to be reaching soon. Keep riding Bandhan bazooka

Trade closed manually:

Hopefully you all have taken profit in morning and closed all positions in BandhanBank