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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 2024-03-01 View latest technical analysis

10 day averaged volume of Bandhan Bank is 11840070

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	199.85	197.50	200.50	196.50	0.661 times
29 Thu Feb 2024	195.60	196.65	197.65	193.10	1.639 times
28 Wed Feb 2024	196.65	201.20	202.20	195.90	0.843 times
27 Tue Feb 2024	201.15	203.05	204.35	200.75	0.705 times
26 Mon Feb 2024	202.60	209.20	209.20	199.70	2.256 times
23 Fri Feb 2024	208.25	204.95	209.35	204.45	1.149 times
22 Thu Feb 2024	203.65	201.40	204.15	198.30	0.557 times
21 Wed Feb 2024	200.55	203.90	204.15	199.75	0.622 times
20 Tue Feb 2024	202.70	204.95	205.30	202.10	0.434 times
19 Mon Feb 2024	203.75	204.50	205.50	203.25	0.676 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 197 as stoploss in an intra day buy trade for a target of 204.93. However, stock will show a bearish move below 197.

Share price targets for Bandhan Bank (BANDHANBNK)

Target Type	Value
Downside Target	192.80
Upside Target	209.20
Upside Target	219.15
Upside Target	223.45
Upside Target	225.55
Upside Target	228.90
Upside Target	230.40
Upside Target	232.65
Upside Target	256.10
Upside Target	263.10

Intraday share price targets for Bandhan Bank (BANDHANBNK)

Target Type	Value
Downside Intraday Target	192.23
Downside Intraday Target	184.62
Upside Intraday Target	208.33
Upside Intraday Target	216.82
Upside Intraday Target	200.72

Weekly technical analysis of Bandhan Bank (BANDHANBNK)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	199.85	209.20	209.20	193.10	1.776 times
23 Fri Feb 2024	208.25	204.50	209.35	198.30	0.392 times
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

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
01 Fri Mar 2024	199.85	197.50	200.50	196.50	0.028 times
29 Thu Feb 2024	195.60	229.00	232.65	192.80	0.853 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 BUY signal for Bandhan Bank in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bandhan Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 BUY signal in short term and the buying is gaining 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 201.27 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.