BANDHANBANK has given neck line breakout for inverted H&S pattern at 330 Neck line with a potential to reach 407
Currently it is forming Rounding bottom, in the long run it is looking to make around 560 levels which is almost 50% from current levels.
There is a trending resistance line which is going to meet at end of the rounding bottom, so big breakout ahead.
Handle formation or retracement at 400 level can be expected.
Currently it is forming Rounding bottom, in the long run it is looking to make around 560 levels which is almost 50% from current levels.
There is a trending resistance line which is going to meet at end of the rounding bottom, so big breakout ahead.
Handle formation or retracement at 400 level can be expected.
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