hey guys , this is my first analyze for shorting a stock BANDHAN BANK stock was moving in a fixed uptrend , misfortunately , this stock has broke its support area , and now this stock has retested , AND THERE ARE MANY REASONS TO SHORT THIS STOCK , 1. A GREAT RED CANDLE IS MADE AFTER RETESTING . 2. EVENING STAR HAS BEEN MADE , which gives us confidence to SHORT THIS STOCK . 3. A BEARISH ENGULFING CANDLE has been made , which tells us to SHORT THIS STOCK . BUT FIRST CONSIDER THE GLOBAL MARKET SITUATIONS . 1. INFLATION 2. WAR 3. RISING BANK RATES 4. RISING CRUDE OIL EXPORT DUTIES FROM MY OPINION , YOU CAN SET YOUR TARGET AT RS-229.55 and you can earn upto 15.50% RETURN . and guys , if u liked my analyze then pls COMMENT LIKE AND FOLLOW
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