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Rajneesh Sharma CFTe

9th Jun 2025 · SEBI-Registered Analyst

Bandhan Bank Breaks Multi-Year Downtrend: A New Beginning?

BANDHANBNK
🚀 Weekly breakout alert! ✅ Multi-year falling channel broken ✅ Closed ₹186.24 (+7.31%) — cleared ₹176 resistance ✅ Big volume spike = strong hands buying 📈 Immediate target: ₹200-210 📈 Medium-term: ₹240-260 📈 Long-term potential: ₹300+ if momentum sustains ⚠️ Caution: Watch ₹176. False breakout risk if back below Options: Bull call spreads or calls to ride upside 📊 📢 Disclaimer: This is for informational purposes only. Nothing herein constitutes a buy or sell recommendation. I may or may not be holding a position in the stock mentioned. 🧑‍💼 Rajneesh Sharma is a SEBI-registered Research Analyst (Reg. No. INH000020332). 📄 Investments are subject to market risks. Read all related documents carefully before investing.

#Today’sTradingSetup#TechnicalViews#SectorBreakouts#TrendingSectors
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