
Strike
February 27, 2025 at 05:08 AM
📢 *Bandhan Bank Stock Update*
🔹 Gap-Up Opening: Bandhan Bank (NSE: BANDHANBNK) opened strong at ₹145.50, up 5% from the previous close. 📈
🔹 Key Levels:
Resistance: Trading below 40EMA since Oct 2024, with current resistance at ₹147-148. ⚠️
Support: Previous low at ₹128.10. 📉
🔹 RBI Boost:
RBI cut risk weights on NBFC loans from 125% to 100% (April 1), boosting credit flow. 🏦
Positive for Bandhan Bank due to high microfinance exposure. 🚀
💡 Can Share price of Bandhan Bank break above its 40 EMA? Let us know your answer through the polls here: https://x.com/strike_ic/status/1894977479003250946