Bandhan Bank: Long CMP 234 - TGT - 260 - SL - 218- RR - 2.34
BANDHANBNK
Technical Analysis:
1. Horizontal line breakout
2. Candlestick stick pattern - 3 white soldiers in downtrend
Open Interest Analysis:
1. 15% increase in open interest in a day
2. price by more than 4.4%
Hence, it leads to Long Buildup
Note: It may come down for a retest but overall bullish