#BandhanBankConsolidation phase converted in a downturn phase. Bears in charge. Short on rise candidate unless there is a trend reversal with good volume.
BANDHANBNK trade ideas
Bandhan Bank Once stock will reach 274. than took support 100sma and up for long as positional call.
IMPORTANT LEVELS TO OBSERVE 315, 297 IF IT CROSSES 315 THEN EXPECT BULLISH, IF IT CROSSES BELOW 297 THEN BEARISH
Well effective Doji to absorb selling pressure - BANDHAN BANKHello Friends,
In Plan weekly chart found Doji, which shows the selling pressure getting absorb. This can be the clear indication of the bulls strength.
As the buyers in control, the stock will shows the good rally upwards.
Buy 345, SL - 330-320, Target - 400, 430
Regards,
Satish
BANDHBANK Support LevelsBandhan bank fallen from its peak of 400, to 300 levels, it may find a support at 260-280 levels for a pull back.at 300 level it is already retraced to 50% of Fibonacci retracement levels. 61.8% level stood at 273 with also matches with support trend line and horizontal support as well.
EXIT BANDHAN BANK BELOW 337ITS SEEM RETRACEMENT HAS COMPLETED IN BANDHAN BANK EXIT BELOW 337 FOR SAFE SIDE .
JULY EXPIRY STRATEGY SALE BANDHAN BANK FROM 348 TO 355 STOP LOSS 369
FOR TARGET 313 310
BANDHANBANK Bears Griping Up Just a Personal View.NSE:BANDHANBNK
Bandhan bank on daily chart getting weaker.
On daily chart if we manage to see closing below 330 (Candle Must close near its low) Then stock may show free fall from there. This will become invalid above 370.
This is just my personal view on BNADHAN BANK do not consider this as trade recomandation. Please don't hesitate to share your views in comments section below.
Bandhan Bank : Reversal from 20EMA#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 cover
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Support : 347.80 and 343.65
Breakdown : 349.50
LTP : 353
Breakout : 366
Short Target : 359 and 368
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Positive & Negative Point:
1) Neutral in Daily/Weekly and bearish in monthly chart
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(Disclaimer: This is only for educational purpose and paper treading.)
BANDHAN BANKNSE:BANDHANBNK
LEVELS ON CHART ARE SELF EXPLANATORY
ITS A SELL BELOW 343 AND ABOVE THAT BUY WITH THE GIVEN LEVELS ON BOTH SIDES
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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BANDHAN BANKToday bandhan bank has been made a pin with double bottom.this is double confirmation that will be gone high upto 410, 425 with SL@374.
BANDHAN BANK Today low 200EMA while High 200SMA - Level & TargetBandhan Bank said it has seen an improvement in repayments by microfinance borrowers and collection efficiency has improved to 70% in value terms.
Since 5 session stock is showing +ve movement while Today saw High Trade and Delivery with good volume, Because of this stock crossed the 200EMA and touched the 200SMA but closed below 200SMA.
Showing BULLISH in all indicator:
Close crossing last month High
Stock outperforming from Benchmark and Sectoral Index
PSAR is howing Bullish
CCI in overbought
RSI in overbought
Stoch in overbought
MFI above 80
Aggressive New Long
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Support : 371
Breakdown : 386
CMP : 394.70
Breakout : 401
Short Target : 425
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Negative Point:
1) Neutral Risk
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(Disclaimer: This is only for educational purpose.)
Science Backed by Data[BandhanBank Series]: Target 302-327Hi Friends
Bandhan Bank 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.
If you like my study please acknowledge with likes for encouragements.
Note:- ZoomIN to see complete details of Study
Bandhan Bank buy above 267 target 270,273 stop loss 260bandhan bank buy above 267 target 270,273 stop loss 260
Bandhan Bank Barish below 264 !Hello friends,
Stock Might bearish below 264 For Target toward 258-250-245
Thanks
Bandhan Bank in zone tradingDear Investor bandhan bank is in zone trading. one could wait for long setup at the moment its look in zone...
BandhanBank : Awaiting BreakoutAfter RBL & Indusind bank this could be another candidate for a 10% run.
Wait for a breakout to go long !!
Vol increasing for past few days ...
