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BANDHANBNKMARKET OUTLOOKSTOCK OUTLOOK

Bandhan Bank Outlook for the Week (July 31, 2023 – August 04, 2023)

Bandhan Bank Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Bandhan Bank closed the previous week on a negative note losing 4.53%

Technically, Bandhan Bank share price will see immediate support at 212.63 and immediate resistance would be seen at 222.78

If Bandhan Bank share price closes below immediate support of 212.63, then sharp breakdown can be seen. Bandhan Bank share price will see major support at 208.17 for the week.

On the positive side, immediate resistance will be seen at 222.78. Closing above 222.78, Bandhan Bank share price will see a sharp breakout. Major resistance for Bandhan Bank share price will be seen at 228.47 for the week.

Trading range for Bandhan Bank share price for this week should be between 202.48 on down side and 232.93 on up side.

Bandhan Bank Previous Week High: 224

Bandhan Bank Previous Week Low: 213.85

Bandhan Bank Previous Week Range: 10.15 Points

Bandhan Bank share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 232.93
Resistance 2 228.47
Resistance 1 222.78
Support 1 212.63
Support 2 208.17
Support 3 202.48

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