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BANDHANBNKMARKET OUTLOOKSTOCK OUTLOOK

Bandhan Bank Outlook for the Week (August 14, 2023 – August 18, 2023)

Bandhan Bank closed the previous week on a negative note losing 4.20%.

Technically, Bandhan Bank share price will see immediate support at 222.83 and immediate resistance would be seen at 232.68.

If Bandhan Bank share price closes below immediate support of 222.83, then sharp breakdown can be seen. Bandhan Bank share price will see major support at 218.82 for the week.

On the positive side, immediate resistance will be seen at 232.68. Closing above 232.68, Bandhan Bank share price will see a sharp breakout. Major resistance for Bandhan Bank share price will be seen at 238.52 for the week.

Trading range for Bandhan Bank share price for this week should be between 212.98 on down side and 242.53 on up side.

Bandhan Bank Previous Week High: 234.5

Bandhan Bank Previous Week Low: 224.65

Bandhan Bank Previous Week Range: 9.85 Points

Bandhan Bank share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 242.53
Resistance 2 238.52
Resistance 1 232.68
Support 1 222.83
Support 2 218.82
Support 3 212.98

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