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Technicals for Bandhan Bank Limited
By MusingTheNews
2025-07-16 20:25
Overall Technical outlook
Price Summary
Bandhan Bank Limited's shares surged 2.79% today, reflecting a stellar day on the market. On 2025-07-15, Bandhan Bank Limited's stock opened at 175.26, reached 182.0, hit a low of 175.26, and rose 2.79% to close at 180.15, with 15061540 shares traded. The stock reached its highest price of 219.77 and lowest price of 130.31 over the last 52 weeks. According to 25 analysts, the price of BANDHANBNK in the future is projected to be between 130.0 and 242.0, with an average expected price of 183.24.
Technicals
Support and Resistance: The price is currently at 180.15, supported by 178.46 and resisted by 186.24. This indicates a range where 178.46 may provide a base for the price, while 186.24 serves as a cap on further upward movement for BANDHANBNK. Support/Resistance for BANDHANBNK
Aroon: The current state of the AROON is neutral for BANDHANBNK, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for Bandhan Bank Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Bandhan Bank Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Bandhan Bank Limited. Parabolic Stop and Reverse chart for Bandhan Bank Limited
Stochastic: The stochastic indicator shows the K-line above the D-line while staying below 20, which is generally seen as the start of a bullish move. This setup suggests that the market may be beginning to recover from a low level, potentially leading to an uptrend. Traders could consider this a sign to start buying. Stochastic chart for Bandhan Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Bandhan Bank Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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