Strike Analytics

Bandhan Bank

14 Sep 202007:07 AM

After a triangle at he base [blue lines] we see a possibe impulse wave marked as wave 1 and an a-b-c decline to 283. We are now above the 20dma for the last few days at 302.50 which is the key short term support. Wave 3 up is unfolding over the medium term. Wave 3=1 from the wave 2 low is at 571. Minor wvae i of 3 completed at 328, and wave 1 at 402. Both need to be surpassed first.

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