BANDHANBNK - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.4

Here’s a detailed technical analysis of BANDHANBNK (Bandhan Bank Ltd) as of mid-September 2025

📊 Trend Overview

Current Trend: Mildly bullish on daily charts, but mixed signals across timeframes.

Status: The stock is consolidating, with short-term momentum improving but medium-term indicators still weak.

📈 Moving Averages

DMA 50: ₹168

DMA 200: ₹170

Current Price: ₹167

🔹 Price is slightly below both 50-DMA and 200-DMA, indicating indecision. A close above ₹170 would confirm a short-term breakout.

📉 Momentum Indicators

RSI (14-day): 51.1 — Neutral zone, no strong overbought/oversold signal.

MACD: -1.44 — Bearish crossover, suggesting weak momentum.

Volume: 1.01 crore vs 1-week avg of 60.6 lakh — Strong volume spike, indicating accumulation or speculative interest.

📊 Bollinger Bands

Price is near the middle band, suggesting low volatility and lack of directional bias. Weekly Bollinger Bands show bearish pressure

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🔍 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 160 Recent bounce zone

Support 2 150 Stronger base, aligns with prior consolidation

Resistance 1 170 200-DMA, key breakout level

Resistance 2 180 Previous swing high

Resistance 3 195–200 Medium-term target if momentum improves

🎯 Entry & Exit Zones

Optimal Entry: ₹160–₹165 range on pullback with volume confirmation.

Exit Zone: ₹175–₹180 for short-term traders; ₹195+ if price breaks above 200-DMA with sustained volume.

⚠️ Short-Term Signals

MACD bearish, RSI neutral, and price near key averages suggest consolidation.

Strong volume and improving daily indicators hint at a potential reversal, but confirmation is needed.

🧭 Summary

Trend: Consolidating with mildly bullish bias

Momentum: Mixed; volume supports upside, MACD signals caution

Technical Rating: 3.4 — Neutral setup with potential if price reclaims ₹170

Sources: MarketsMojo

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, Investing.com

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Would you like a comparison with other mid-cap banks like RBL or IDFC First to spot sector rotation?

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www.marketsmojo.com

2

in.investing.com

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