Bandhan Bank is in a final falling wave (Wave C) of a bigger correction. This fall is expected to end near 140 –139, where strong support is marked. The yellow zone is where big buyers typically step in, according to Elliott Wave structure. Once this fall finishes, a strong upside wave should start. If price breaks out 146.35, traders can long for the following targets: 150 – 152 – 155+.
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