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

Long

BANDHAN BANK LTD (NSE:BANDHANBNK)

NSE:BANDHANBNK BANDHAN BANK LTD

trendanalysis chartpattern waveanalysis wavetalksyoutube talkswavetwitter wavetalks endingdiagonal fallingwedge fallingwedgepattern

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

Adani Wilmar - Next Portfolio Stock for 510 & 840

From WaveTalks
Abhishek

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

YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

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