BANDHANBANK is respecting the 200EMA from the last year. It has taken Support multiple times and been resisted as well during the same period. Recently it broke the EMA
level, after which it has dive further. It seems it has retested the levels once again, which indicates it may continue to dive further for the next few trading sessions before it can bounce back from the previous swing low.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.