01-01-1970 12:00 AM | Source: LKP Securities Ltd
LKP Spade : A Weekly Pick - Buy Bandhan Bank Ltd For Target Rs. 271 By LKP Securities
Bandhan Bank Ltd
* Bandhan Bank has been trading in a symmetrical triangle formation and is on the verge of breaking out of the pattern.
* The stock is finding strong support at its 50 EMA, which is pegged at 238.
* The momentum indicators are showing signs of reversal from oversold territory.
* Once it crosses above 250, the stock will accelerate the momentum on the upside toward the mentioned target levels
Buy Bandhan Bank Ltd @ Rs 248-244 Stop Loss: Below Rs. 234 CB Target Rs. 271 Duration 1 Week
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at www.lkpsec.com/#foo
SEBI Registration number is INM000002483
Above views are of the author and not of the website kindly read disclaimer
Latest News
JSW Cement to invest around Rs 3,000 crore to establ...
GCCA India re-elects Chair and Co-chair for 2024- 2026
Kotak Mahindra Asset Management Company Limited laun...
Evening Roundup : A Daily Report on Bullion Energy &...
JK Tyre records highest ever revenues and profits in...
CapitaLand Investment appoints Sumit Gera as Chief ...
Bajaj Allianz Life Records Profit After Tax of Rs 56...
HCLTech recognized as a Leader in Gartner Magic Quad...
Gold Looks Resisted at Higher Levels, Awaiting Fresh...
Buy SILVER ABOVE 94500 SL BELOW 93700 TGT 95500/9600...