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(BANDHANBNK) Bandhan Bank complete technical analysis [charts+indicators] | Buy/Sell Bandhan Bank | (BANDHANBNK) share price targets

Complete technical analysis of Bandhan Bank (BANDHANBNK) by charts plus indicators, forecast predictions and share price targets for Bandhan Bank (BANDHANBNK)

Bandhan Bank trades in NSE in REAL_ESTATE_INVESTMENT_TRUST sector.

Showing technical analysis as on 2024-02-16 View latest technical analysis

10 day averaged volume of Bandhan Bank is 15681915

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	200.80	199.70	204.70	197.70	0.846 times
15 Thu Feb 2024	197.35	198.25	199.75	196.65	0.619 times
14 Wed Feb 2024	198.25	197.25	201.25	193.30	0.834 times
13 Tue Feb 2024	199.05	200.70	202.30	192.80	1.067 times
12 Mon Feb 2024	200.70	223.00	223.45	197.70	3.249 times
09 Fri Feb 2024	216.20	216.00	216.85	211.30	0.654 times
08 Thu Feb 2024	214.15	218.50	219.90	213.10	0.683 times
07 Wed Feb 2024	216.25	221.00	222.35	215.65	0.757 times
06 Tue Feb 2024	218.40	222.65	223.45	217.35	0.644 times
05 Mon Feb 2024	222.65	228.90	228.90	222.00	0.787 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 205.9, but if it comes above 205.9, then a intra day buy could be more profitable.
If you take a sell trade below 205.9, then use 205.9 as stoploss and 192.7 as target. However if you take a buy trade in stock , then use 205.9 as stoploss and 216.95 as target.

Share price targets for Bandhan Bank (BANDHANBNK)

Target Type	Value
Downside Target	192.80
Upside Target	211.20
Upside Target	219.15
Upside Target	230.40
Upside Target	232.65
Upside Target	233.60
Upside Target	234.45
Upside Target	255.95
Upside Target	256.10
Upside Target	263.10

Intraday share price targets for Bandhan Bank (BANDHANBNK)

Target Type	Value
Downside Intraday Target	187.92
Downside Intraday Target	175.03
Upside Intraday Target	218.57
Upside Intraday Target	236.33
Upside Intraday Target	205.68

Weekly technical analysis of Bandhan Bank (BANDHANBNK)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	200.80	223.00	223.45	192.80	1.877 times
09 Fri Feb 2024	216.20	228.90	228.90	211.30	1.198 times
02 Fri Feb 2024	228.90	224.00	232.65	222.15	0.948 times
25 Thu Jan 2024	220.95	228.05	234.45	219.15	0.995 times
19 Fri Jan 2024	226.20	231.50	233.60	223.25	0.428 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bandhan Bank (BANDHANBNK)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	200.80	229.00	232.65	192.80	0.537 times
31 Wed Jan 2024	229.00	244.00	263.10	219.15	1.469 times
29 Fri Dec 2023	241.40	228.10	256.10	225.55	1.558 times
30 Thu Nov 2023	226.10	215.50	230.40	211.40	0.894 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bandhan Bank (BANDHANBNK)

Price action analysis of Bandhan Bank ( (BANDHANBNK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bandhan Bank ( (BANDHANBNK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bandhan Bank ( (BANDHANBNK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bandhan Bank ( (BANDHANBNK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bandhan Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bandhan Bank in short term and the sell signal is strong.

Bandhan Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bandhan Bank in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bandhan Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 206.02 and Bandhan Bank (BANDHANBNK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bandhan Bank (BANDHANBNK) stock. Volume based technical analysis of Bandhan Bank (BANDHANBNK) stock is negative.

Bandhan Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.