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Bandhan Bank - Some More Down Side Left

Short
NSE:BANDHANBNK   BANDHAN BANK LTD
- Possibility of a short pull back before resuming downward journey 250 levels ?
- Although Bank has declared elevated provision, due to Covid Wave 2, market might factor Q1 FY22 results in advance and hence good chance to hit 250 levels and then be range bound between 250-300 levels
- 250 levels is a good zone to start accumulation
- This study is for medium to long term investors only

Disclaimer - I do not have any position in this counter, nor intend to have. This analysis is for education purpose only.
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