BANDHANBNK trade ideas
Welcome October with "Bandhan Bank" in your Portforlio?NSE:BANDHANBNK
Timeframe: Weekly | Support: 262 | Stop-Loss: 252 | LTP: 289
Expected Triangle & Parallel Channel Pattern.
Target?, Depends on your risk appetite. You can set target of 52week high i.e 430. No need to guide Long-Term investors, because they're elite.
Some important financial ratios are as follow:
P/E:22.50 | D/E:0.67 | EPS:12.60
The above brief was just an idea I suggest, Please do own research and invest. Thank You.
Contact me: ayushjadia15@gmail.com | Twitter: @abjadia15
BANDHAN BANKHello and a warm welcome to this analysis on Bandhan Bank
The stock has been trending within a channel which could not break on the upside.
Resistance at 300-340 then 400 and a bigger one near 450 with good support at 275 and below that at 250.
A good opportunity lies here to do an SIP for medium to long term with a decent Risk Reward ratio
BANDHAN bank on weekly chart showing good signs at demand area.NSE:BANDHANBNK
On weekly chart of BANDHANBNK stock showing good efforts to push prices up in the demand area of 250-280 a good follow through to 23rd August 2021 weekly candle will confirm the presence of Bulls in this counter and in that case we can consider 354 as our T1 with SL being below 250.
Looks Quite risky Though....
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