BANDHAN BANK Today low 200EMA while High 200SMA - Level & Target
Bandhan Bank said it has seen an improvement in repayments by microfinance borrowers and collection efficiency has improved to 70% in value terms.
Since 5 session stock is showing +ve movement while Today saw High Trade and Delivery with good volume, Because of this stock crossed the 200EMA and touched the 200SMA but closed below 200SMA.
Showing BULLISH in all indicator:
Close crossing last month High
Stock outperforming from Benchmark and Sectoral Index
PSAR is howing Bullish
CCI in overbought
RSI in overbought
Stoch in overbought
MFI above 80
Aggressive New Long
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Support : 371
Breakdown : 386
CMP : 394.70
Breakout : 401
Short Target : 425
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Negative Point:
1) Neutral Risk
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(Disclaimer: This is only for educational purpose.)
Since 5 session stock is showing +ve movement while Today saw High Trade and Delivery with good volume, Because of this stock crossed the 200EMA and touched the 200SMA but closed below 200SMA.
Showing BULLISH in all indicator:
Close crossing last month High
Stock outperforming from Benchmark and Sectoral Index
PSAR is howing Bullish
CCI in overbought
RSI in overbought
Stoch in overbought
MFI above 80
Aggressive New Long
----------------------------------------------------------
Support : 371
Breakdown : 386
CMP : 394.70
Breakout : 401
Short Target : 425
----------------------------------------------------------
Negative Point:
1) Neutral Risk
----------------------------------------------------------
(Disclaimer: This is only for educational purpose.)
Disclaimer
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