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.
ملاحظة
Almost Reached at same price point News impact can survive for few days only so market itself recover and justify its true value!!!
ملاحظة
"SHAKEOUT BEFORE BREAKOUT"get ready for it.
ملاحظة
All the Study is Working More than 2+ move already
Enjoy the rally!!!
ملاحظة
Retested on W pattern's neckline Confirm Entry if someone miss previous price point.
ملاحظة
trailed SL will be 195 Rs.ملاحظة
Good Recovery so far from News base Gap Down.ملاحظة
Yellow Zone Shown in Charts was previous price action's significant lowsNow will works as a Resistance.
ملاحظة
Still Carrying Positioneven SL is Hit Once
I know it's cheap price so giving one more chance to Bandhan bank.
ملاحظة
and more than 3% Upside Moveملاحظة
Good Results + Good Technical10% Upper Circuit Today
تم فتح الصفقة
Carrying this till today 🙏
Because Dow Theory is in Favour
New Higher High ⚡
ملاحظة
Bandhan Bank Recent low will be Bottom 🤞
Current Fall was B Wave and Now C Wave is Loading...✔️
تم فتح الصفقة
Huge Gap Due to News
New CEO Appointed
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.