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
Hey folks! Marked few levels that can useful for your analysis too..
Double bottom chart pattern has been formed in Bandhan after a primary downtrend. Trading against primary trend is a risky trade but formation at important level. Expecting a short term correction and can go up to 250 - 260 level. We will further analyze the chart structure of Bandhan bank near about 250.
BANDHANBNK DAILY TIMEFRAME Note Please leave comments for any query. Disclaimer This is my trading experience, it is not an invite or recommendation to trade. Best Wishes PRABHUMAYAKANNAN
Medium Term Trade Bandhan Bank forming Cup and Handle Pattern. If it breaks, then 1st Target 270-275, 2nd Target 290-300
Bandhan Bank might take a u turn and give a possible up move for positional trade with a decent stoploss and good Targets ENTRY - above 198 STOPLOSS - 192 TARGETS - 210, 220, 232++ Note-if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back I'm not sebi registered this is my personal view
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
Stock yet to be Tested on Long Term Levels Go long After Downtrend get Over long term Support around 194 Major SL 156 TARGET CHARTS ARE BEST EXAMPLE P.S ONLY FOR EDUCATION AND TRACKING
1. Banking sector in focus 2. stock is treading at strong support level 3. And hammer candle form after a down trend
buy the blood and forget about it till it reclaims the white line or 250ish patience this is only a shaking out and final capitualation or trasnfer of wealth imo got some , let it form a range here for a few days and we resume up only target is white line above time frame give it a few years invalidation if no reaction next few days
Bandhan bank looking good at current price for long term investor at its strong support area around 210, looking for good upside move in this stock.
bandhan bank for daredevils..?????...on verge of bottom out......best long term accumulatn....or sip
On a short term period, Bandhan Bank looks to be bearish. One can clearly see a head and shoulder pattern formation on the chart. I would recommend you to go light on this stock.
Bandhan Bank looking good for swing it meets the required criteria. After breakout a strong up rally can be seen. Only for educational purpose.
As per previous chart history and technical analysis alongwith Fundamental inputs of the stock, it indicates that you can buy or hold your stock for minimum 30-50% profit in short term as per chart analysis. All major points are mentioned on the chart itself Do your own research because I am not SEBI registered person and this is my personal opinion about this...
Bandhan Bank may Reverse from here and SL will be 211 Target will 330 good Stock to watch
Yesterday Bearish engulfing on chart top & today confirmation done. Stock on important support zone If support break then go for more fall. Macd Bearish crossover RSI Bearish RSI & MACD Bearish divergence Moving averages react as a dynamic support. Charts favour in short trade. Disclaimer This is my personal view for education purpose only No Buy sell recommendations.