Is Bandhan Bank technically bullish or bearish?

Jun 22 2025 08:04 AM IST
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As of June 20, 2025, Bandhan Bank's trend has shifted to bullish, supported by strong indicators like a bullish MACD and On-Balance Volume, although caution is advised due to mildly bearish signals from the monthly Bollinger Bands.
As of 20 June 2025, the technical trend for Bandhan Bank has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also indicate a bullish trend. The On-Balance Volume (OBV) is bullish on both weekly and monthly time frames, further confirming the positive momentum. However, the monthly Bollinger Bands show a mildly bearish signal, which suggests some caution. Overall, the strength of the bullish trend is supported by the positive performance against the Sensex over the past week and month.
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