Bandhan Bank- Keep in Watchlist
Bandhan Bank is a small private listed bank in India. It provides loans in microfinance sector.
It has been in a long term downward trend. It has a lifetime high of 740. It has been in news for all reasons, both good and bad.
You can see a longterm resistance trend line. It needs to break this to show some real upmove towards its life high.
This a high beta stock, not for weak hearts.
Keep a watch and take positions if it crosses long downward trendline.
This is not a buy/sell recommendation.
This post is only for educational purpose.
Kindly consult your financial advisor before investing.
Keep strict stoploss and money management rules.
Happy Trading!!
It has been in a long term downward trend. It has a lifetime high of 740. It has been in news for all reasons, both good and bad.
You can see a longterm resistance trend line. It needs to break this to show some real upmove towards its life high.
This a high beta stock, not for weak hearts.
Keep a watch and take positions if it crosses long downward trendline.
This is not a buy/sell recommendation.
This post is only for educational purpose.
Kindly consult your financial advisor before investing.
Keep strict stoploss and money management rules.
Happy Trading!!
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