Get started
BANDHAN BANK LIMITEDBANDHAN BANK LIMITEDBANDHAN BANK LIMITED

BANDHAN BANK LIMITED

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

BANDHANBNK trade ideas

Long Term Bet - Bandhan Bank LtdBandhan Bank was once everyones portfolio favourites and have been a patience tester for its investors. Currently stock price is trading at multiyear support zone and have formed falling wedge pattern around its support, gives good Risk to Reward Ratio. Company is trading at PE of 12.6 which is slightly above industry PE of 12. Company has declared good results as compared to previous quarter. Although big concern from previous quarter result is that company's NPA and GNPA have increased which is red flag, but other factors have shown good growth. Stock Price CAGR of last 5 years is -16% where as compounded sales growth has been 23%, also profit growth is low but still positive for last 5 years. This may be soon show value unlocking. Company has good FII holding of around 27% which has decreased from last quarter but positive side is DIIs have increased the stake in the company from last quarter. FIIs have been continuous sellers in overall market but this has not impacted our market, we have been reaching new highs due to good domestic institutions and retail buying power. Hoping same case would be in this stock as well. This Stock may show good upside but can test our patience but it should be in our portfolios at this level. Major resistance have been marked in the chart itself. Personally I am looking at this stock as investment once the breakout is done. May touch 400 till end of next year. Please do your analysis based on your risk management and patience level before taking any trade. Happy Investing..
NSE:BANDHANBNKLong
by Stockiist
BANDHAN BANK LTD S/R Support and Resistance Levels: Support Levels: These are price points (green line/share) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:BANDHANBNK
by zenthosh
BANDHAN BANK LTD S/R Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
NSE:BANDHANBNK
by zenthosh
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!!
NSE:BANDHANBNKLong
by Swastik24
[Positional] Bandhan Bank Buy IdeaNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
NSE:BANDHANBNKLong
by Amit_Ghosh