Bandhan Bank By KRS Charts
Date: 3rd June 2024
Time: 2:05 PM
Bandhan Bank was in big correction since las many years.
Concepts Applied,
1. Wave Theory :
Big Correction Wave has finished with recent ATL price, it seems like now as per Wave Theory Bandhan Bank price likely to reach depth of correction price ~263 Rs.
2. W Chart Pattern :
After Wave count upside Target Reversal C Pattern called W pattern is visible at the bottom of chart and its breakout too. So T1 will be according to W C Pattern will be ~229 Rs.
3. Additional Concept +OB and FVG :
+OB and FVG is less used by people in Indian stock market so as additional, but that also satisfied here for buyside view on Bandhan bank.
One last thing, let it close above 195 Rs. today and it will be considered as a strong breakout Volume is already above avg.
Time: 2:05 PM
Bandhan Bank was in big correction since las many years.
Concepts Applied,
1. Wave Theory :
Big Correction Wave has finished with recent ATL price, it seems like now as per Wave Theory Bandhan Bank price likely to reach depth of correction price ~263 Rs.
2. W Chart Pattern :
After Wave count upside Target Reversal C Pattern called W pattern is visible at the bottom of chart and its breakout too. So T1 will be according to W C Pattern will be ~229 Rs.
3. Additional Concept +OB and FVG :
+OB and FVG is less used by people in Indian stock market so as additional, but that also satisfied here for buyside view on Bandhan bank.
One last thing, let it close above 195 Rs. today and it will be considered as a strong breakout Volume is already above avg.
Catatan
Almost Reached at same price point News impact can survive for few days only so market itself recover and justify its true value!!!
Catatan
"SHAKEOUT BEFORE BREAKOUT"get ready for it.
Catatan
All the Study is Working More than 2+ move already
Enjoy the rally!!!
Catatan
Retested on W pattern's neckline Confirm Entry if someone miss previous price point.
Catatan
trailed SL will be 195 Rs.Catatan
Good Recovery so far from News base Gap Down.Catatan
Yellow Zone Shown in Charts was previous price action's significant lowsNow will works as a Resistance.
Catatan
Still Carrying Positioneven SL is Hit Once
I know it's cheap price so giving one more chance to Bandhan bank.
Catatan
and more than 3% Upside MoveCatatan
Good Results + Good Technical10% Upper Circuit Today
Trade aktif
Carrying this till today 🙏
Because Dow Theory is in Favour
New Higher High ⚡
Catatan
Bandhan Bank Recent low will be Bottom 🤞
Current Fall was B Wave and Now C Wave is Loading...✔️
Trade aktif
Huge Gap Due to News
New CEO Appointed
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.