BANDHANBNK - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade ListIntraDay 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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