lahanuenterprises

Bandhan Bank Trade setup

Long
NSE:BANDHANBNK   BANDHAN BANK LTD
Bandhan Bank has been into a triangle formation in a daily time frame. After a big sell off some days back, Bandhan bank seems to go back up. If there is a breakout, there is a big resistance around 328 - 330 mark. And if this resistance breaks, then the first target on the chart is 340 mark.
If there is a breakdown, then there is a support at the 285.
I have a very bullish stance on Bandhan Bank.

This analysis is for Educational Purpose only and please consult your financial advisor before taking any position.

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