Bandhanbank
Bandhan Bank - Magic Waiting to Happen !!Magic Waiting to Happen: Bandhan Bank's Weekly Chart Overview
- The downtrend line since 2020 has been a key resistance level.
- ₹250 and ₹200 have served as a consolidating range's upper and lower boundaries.
- You can now access our structured charts for all Nifty 500 companies . Check the signature column below for more info.
- Recent base formation suggests accumulation, supported by a surge in volume.
- The stock has gained momentum following the RBI's nod for a change in MD, CEO.
Bandhan Bank is currently coiling up for what looks like a significant breakout. With the downtrend line as the final hurdle and volume picking up, the chart suggests that magic is waiting to happen. A break above the resistance zones could trigger a bullish trend reversal, so it's worth keeping a close watch on this stock in the coming weeks.
DISCLAIMER: The information provided here is for educational purposes only and does not constitute financial advice or a recommendation to buy, sell, or hold any security. Stock market investments carry risk, and you should consult with a qualified financial advisor before making any trading decisions. Past performance is not indicative of future results.
Bandhan Bank trying to change trend with volume.Bandhan Bank Ltd. engages in the provision of banking and financial services. It operates through the following segments: Treasury, Retail Banking, Corporate and Wholesale Banking, and Other Banking Business. Bandhan Bank Ltd CMP is 210.26. The Negative aspects of the company are MFs decreased their shareholding last quarter and Inefficient use of capital to generate profits - RoCE declining in the last 2 years. The positive aspects of the company are Company with Zero Promoter Pledge, Rising Net Cash Flow and Cash from Operating activity, Company with high TTM EPS Growth and Growth in Net Profit with increasing Profit Margin (QoQ). Entry can be taken after closing above 212. Targets in the stock will be 223 and 241. The long-term target in the stock will be 254 and 262. Stop loss in the stock should be maintained at Closing below 188 or 183.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
READY FOR BREAKOUT IN BANDHANBANK...NSE:BANDHANBNK trade at 206 level, Stock trade in a Triangle range since 5 Years, After breakout You can watch for a big upside movement.
Wedge Pattern breakout in BANDHANBNK for 225+ TargetsOn 1 Hour Timeframe, Wedge pattern formation occured in BANDHANBNK. It indicating breakout of resistance level near 208 level in this stock. After breakout can go long above 208 with small stop loss at 204 for target of 218 to 225 for upcoming few trading session. This setup will fail if BANDHANBNK starts trading below 204 level after breakout.
Bandhan Bank LtdImportant points marked.
*****Education purpose only*****
*****Investing in Equity is subjected to market risk do own research before investing*****
Bandhan Bank Sell at 206 for the target of 200.58Bandhan Bank is seeing weakness at the upper levels, Bandhan Bank can be sold for the target of 200.58, the stock may see a decline of 2 to three percent in the short term.
Bandhan Bank poised for a strong upside of around 700%Since December 2020 price has been moving in a down trend, it has formed a complex triple correction WXYXZ pattern.
Looks like the wave II correction is over now and price is at the initiation of wave III.
Wave III target should be around 910 level, which is around 330% from CMP and can be achieved in medium to long term (1 year approx.)
If you are a conservative investor, you can buy once break out happens at the trend line resistance at around 250 level.
Stop loss @ 170
Other targets highlighted as per your investment horizon.
Do your own due diligence before taking any action.
Peace!!
Bandhan bank demand zoneBandhan bank demand zone denoted with blue fill. Hfrom demand zone stock may show upmove. Blue line is the must exit point on day close basis. Just for study purposr.
Fundamental Picks - Stock PE < 20 (NIFTY BANK)📊 Script: BANKBARODA
⏱️ C.M.P 📑- 254
🎯 PE 🏆 - 6.98
📊 Script: FEDERALBNK
⏱️ C.M.P 📑- 159
🎯 PE 🏆 - 9.33
📊 Script: BANDHANBNK
⏱️ C.M.P 📑- 187
🎯 PE 🏆 - 10.12
📊 Script: SBIN
⏱️ C.M.P 📑- 817
🎯 PE 🏆 - 11.43
📊 Script: INDUSINDBK
⏱️ C.M.P 📑- 1410
🎯 PE 🏆 - 12.66
📊 Script: HDFCBANK
⏱️ C.M.P 📑- 1437
🎯 PE 🏆 - 16.07
📊 Script: IDFCFIRSTB
⏱️ C.M.P 📑- 76
🎯 PE 🏆 - 17.13
📊 Script: PNB
⏱️ C.M.P 📑- 123
🎯 PE 🏆 - 17.89
📊 Script: ICICIBANK
⏱️ C.M.P 📑- 1117
🎯 PE 🏆 - 18.44
📊 Script: KOTAKBANK
⏱️ C.M.P 📑- 1627
🎯 PE 🏆 - 18.49
Formula to calculate PE = MVP/EPS
MVP - Market Value Per Share (Stock Price)
EPS - Earning Per Share
Industry(NIFTYBANK) PE - 15.7
Always Compare Stock PE with Industry PE for Better Understanding.
LOWER THE PE MORE ATTRACTIVE THE COMPANY.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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🔥 20% - 30% Upside Potential | Bandhan Bank🔥 20% - 30% Upside Potential | NSE:BANDHANBNK
✅ Buy Level - Rs 189-190
✅ SL - Rs 182
✅ Target - Rs 203/207
✅ Double Bottom.
✅ Reversing from important Fibonacci Level
Trade :-
✅ Buy Future Rs 189-190
✅ Buy Equity
✅ Buy 200CE @ CMP Rs 3.8
Look at the chart for more information
Bandhan bank 76.58% downBandhan Bank is currently 76.58% down from it's lifetime high at a time when all the indices are at their peak. It is currently highly undervalued and I do not see the stock going down any further from this price point. The company is showing constant profits and the sales have been increasing. The share should be at around 500 levels at least. Do share your views in the comment box.
Please invest after doing your own analysis.
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Thank you.
Bandhan Bank can give 100% returns !!Bandhan Bank has not given nay returns since IPO
Currently Bandhan Bank is at 52 week Low
Stock is around the support working from 2020
We might see volatility till 170 but overall strong support is 170-190 level
If stock don't Breaks 170 level then we can see 80-100% upside from these levels.
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
BANDHANBNK--@SUPPORT??this stock is now near to its support levels...
we have a chance of inverse head and shoulders in this stock...
wait until price creates a right shoulder...to continuation up to 320 levels.
Enter only after confirmation, otherwise it leads to breaks the support and goes down.
BANDHAN BANK: Underperforming name in banking spacestock is strong downtrend
its one of theweakmost names in banking space
with banking index trading near all time high
this stock is at 52 week lows and not just that but at 3 year lows
such stocks are ideal sell candidates fr trading and expect a heavy downmove here with a stop above 232 mark
BAND/USDT bullish ride from support?👀🚀Band Analysis💎Paradisers, take note of the #BANDUSDT chart, which is showing a compelling pattern and anchoring at a pivotal support level.
💎 This indicates a strong chance for a bullish trend. After being rejected from strong supply above #BAND, the price has restored momentum at support $1.328. If the price sustains momentum at this level, there are substantial chances that it will take an upward move to mitigate above the strong supply level of $2.526.
💎 As prudent traders, we should remain prepared for various outcomes. If the price does not follow through on the anticipated scenario, a bullish rebound from a lower support level at $1.334 might be in play. However, dipping below this level could lead to a marked bearish downturn
BANDHAN BANK NEAR IT'S SUPPORT ZONEBandhan Bank is trading near it's support zone and looking good when it comes to Risk & Reward. Buy in small qty @ 214 and add if comes lower until sustains above 180 on the closing basis.
Happy Trading!
BANDHAN BANK - DOWNTREND BREAKOUT" DOWNTREND PATTERN BREAKOUT "
Entry Level : 260
SL : 225
Targets : 300,335,370+
52wk High : 275.90
52wk Low : 182.15
Mkt Cap : 405.30 B
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Ye Bandhan toh pyar ka Bandhan haiThe stock price has retraced above 50% from the previous downtrend in the daily time frame. It has formed an ascending triangle formation with a flat resistance and higher lows in support trendline with an increase in volume. The breakout from this pattern can take the stock its recent high levels again.
Entry - Abouve 246
Target - 272
Stop Loss - 229
Bandhan bank trying to break it's bondages (bandhans)Bandhan Bank Ltd. is a banking and financial services company present in 35 out of 36 states and union territories of India, with 6,140 banking outlets and 3.07 crore customers. The Bank provides range of personal, business and NRI banking facilities.
Bandhan Bank CMP is 243.40. The Negative aspects of the company are declining cash from operations annual and MFs are decreasing stake. The Positive aspects of the company are improving annual net profits, low debt, FIIs are increasing stake and zero promoter pledge.
Entry after closing above 247. Targets in the stock will be 255 and 273. Long term targets in the stock will be 291 and 314. Stop loss in the stock should be maintained at closing below 182.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Bandhan Bank at Demand AreaAs per analysis, NSE:BANDHANBNK is trading at demand area of 217 and respect's support level of 210. This could be best risk and reward opportunity to go long at level of 217 with strict stop loss of 295 (-22). My expected upside target would be 247 (+30) & 264 (+47). It mat take 6-9 weeks to get upside levels.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Bandhan Bank Elliot Wave Analysis Bandhan Bank Elliot Wave Analysis
Bandhan Bank Complete wave 1 upside or 2nd Wave downside complete or complete 62% retracment and again start 3rd wave upside target 300
BANDHAN BANKBandhan bank is making triangle pattern on daily timeframe chart, I am when price sustain above 255 level now it is trading at trendline resistance so keep eyes on it if it reject from here then we can get shorting opportunity.
