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.
הערה
Almost Reached at same price point News impact can survive for few days only so market itself recover and justify its true value!!!
הערה
"SHAKEOUT BEFORE BREAKOUT"get ready for it.
הערה
All the Study is Working More than 2+ move already
Enjoy the rally!!!
הערה
Retested on W pattern's neckline Confirm Entry if someone miss previous price point.
הערה
trailed SL will be 195 Rs.הערה
Good Recovery so far from News base Gap Down.הערה
Yellow Zone Shown in Charts was previous price action's significant lowsNow will works as a Resistance.
הערה
Still Carrying Positioneven SL is Hit Once
I know it's cheap price so giving one more chance to Bandhan bank.
הערה
and more than 3% Upside Moveהערה
Good Results + Good Technical10% Upper Circuit Today
עסקה פעילה
Carrying this till today 🙏
Because Dow Theory is in Favour
New Higher High ⚡
הערה
Bandhan Bank Recent low will be Bottom 🤞
Current Fall was B Wave and Now C Wave is Loading...✔️
עסקה פעילה
Huge Gap Due to News
New CEO Appointed
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.