Bandhan Bank Low Risk High Reward Tripple Zigzag
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I may or may not trade this analysis
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I am holding this stock so my analysis could be biased. So do your own study or ask your financial advisors before investing.
Bandhan Bank in parallel channel right and making Tripple Zigzag pattern, now looks in longer consolidation zones, it will take time to come out of it.
Long can be initiated near 280 Stop loss 250 for targets 450-480.
After that another dip can be seen then it would give breakout of channel.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
I am holding this stock so my analysis could be biased. So do your own study or ask your financial advisors before investing.
Bandhan Bank in parallel channel right and making Tripple Zigzag pattern, now looks in longer consolidation zones, it will take time to come out of it.
Long can be initiated near 280 Stop loss 250 for targets 450-480.
After that another dip can be seen then it would give breakout of channel.
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