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Technicals for Bandhan Bank Limited
By MusingTheNews
2025-09-04 20:23
Overall Technical outlook
Price Summary
Bandhan Bank Limited's stock opened at 162.05 on 2025-09-03, surged to a high of 165.47, hit a low of 162.05, and closed up 1.65% at 164.73, with 2635762 shares traded. In the last 52 weeks, the stock's top price was 213.13 and the bottom price was 130.31. Based on recommendations from 24 analysts, the future price of BANDHANBNK is expected to range from 130.0 to 225.0, with an average price expectation around 192.41667.
Technicals
Support and Resistance: The price for BANDHANBNK at 164.73 is supported by the 163.42 level and faces resistance at 170.73. This range indicates key levels where the price may find buyers near 163.42 and sellers near 170.73, defining a trading range. Support/Resistance for BANDHANBNK
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Bandhan Bank Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for Bandhan Bank Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for Bandhan Bank Limited
Stochastic: The stochastic indicator for BANDHANBNK shows the K-line rising above the D-line while remaining below 20, typically signaling the start of a bullish move. This setup suggests that the market may be transitioning from a low point, potentially leading to upward momentum. Investors could see this as a promising entry point for a rally. Stochastic chart for Bandhan Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for BANDHANBNK. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Bandhan Bank Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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