WaveTalks

Bandhan Bank -Potential Breakout in Progress (Upside Target-430)

Largo
NSE:BANDHANBNK   BANDHAN BANK LTD


I suggested somewhere that market participants should start looking at this stock and hold it in their portfolio with an upside trigger of 265 and a final target of 430, to be reviewed later.

No surprise – the stock has started moving from our desired zone of 155-175. What a low 169 . Will it cross 265 and later 430? Only time will tell.


Pattern: Falling Wedge (Similar to Adani Wilmar as discussed earlier)
Such patterns swiftly move towards its starting point. In this case it is 430



From WaveTalks
Abhishek

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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