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Technicals for Bandhan Bank Limited
By MusingTheNews
2025-12-11 20:25
Overall Technical outlook
Price Summary
Bandhan Bank Limited's stock saw a 2.68% boost, showcasing an stellar market day. Bandhan Bank Limited's stock began trading at 141.5 on 2025-12-11, soared to 145.6, dipped to 140.51, and finished the day 2.68% up at 145.29, with 6388120 shares exchanged. In the last 52 weeks, the stock's top price was 189.64 and the bottom price was 130.31. 24 analysts forecast that the price of BANDHANBNK will range from 130.0 to 225.0, with an average expected price near 177.95833.
Technicals
Support and Resistance: With the current price at 145.29, support is found at 141.0 and resistance at 149.91. These levels indicate where buyers might step in at 141.0, while sellers could limit gains at 149.91, defining a trading boundary for Bandhan Bank Limited. Support/Resistance for BANDHANBNK
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Bandhan Bank Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Bandhan Bank Limited
Parabolic SAR: The PSAR maintains a bearish outlook for BANDHANBNK, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for Bandhan Bank Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for Bandhan Bank Limited
Tripple Moving Agerage: The moving averages for BANDHANBNK for the 20-50-100 periods point to a bullish trend, but the slopes of the faster averages suggest this strength may be waning. The potential for a reversal is becoming apparent, as the shorter-term averages indicate that the upward momentum could be weakening, signaling a possible trend change. Tripple SMA chart for Bandhan Bank Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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