Bandhan Bank Turning Bullish Expected Target 420
Bandhan Bank turning bullish after making low around 320.00
Upside seems to be 380--400 and then to 420.
We can go with Bull Call Spread on this.
+1x 25FEB2021 340CE - ₹ 17.00
-1x 25FEB2021 390CE - ₹ 4.00
Max. Profit ₹ +66,510
Max. Loss₹ -23,490
Breakeven - 353.5
Upside seems to be 380--400 and then to 420.
We can go with Bull Call Spread on this.
+1x 25FEB2021 340CE - ₹ 17.00
-1x 25FEB2021 390CE - ₹ 4.00
Max. Profit ₹ +66,510
Max. Loss₹ -23,490
Breakeven - 353.5
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