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⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.

BANDHANBNK - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

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IntraDay Trade Rating: 2.2

Bandhan Bank (BANDHANBNK) is showing signs of weakness for intraday trading today. Here's a detailed breakdown of its technical and fundamental setup

📉 Technical & Momentum Snapshot

RSI (31.7): Near oversold territory, but not yet showing signs of reversal.

MACD (-2.56): Bearish, confirming downward momentum.

Volume (37.2L vs Avg 61.7L): Significantly below average, indicating low intraday interest.

Price vs DMA: Trading below both 50-DMA (175 ₹) and 200-DMA (172 ₹) — bearish zone.

📈 Intraday Strategy

If considering a fresh position

Optimal Buy Zone: Only if price stabilizes near 160–162 ₹ with a volume spike and RSI uptick.

Profit Targets

Target 1: 166 ₹ (minor resistance)

Target 2: 169 ₹ (near 5-DMA)

Stop-Loss: 158 ₹ (below recent support)

If already holding intraday

Exit on Weakness: If price breaks 160 ₹ with rising volume and MACD divergence.

Exit on Strength: If price nears 166–168 ₹ but RSI fails to cross 40 — indicating limited upside.

⚠️ Risk Factors

High Debt-to-Equity (6.60): Financial leverage adds significant risk.

Low ROCE (7.82%): Weak capital efficiency.

52w Index (40.4%): Trading near yearly lows — sentiment is fragile.

Qtr Profit Var (-65%): Sharp decline in profitability.

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