ANDHRABANK Charts, Analysis and Tips

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Technical Analysis

Technical Strength: 7 / 10
Indicator Analysis Signal (0 - 10) Chart
RSI (?) RSI is 58.9. According to RSI analysis, andhrabank is technically strong. 9.0 ANDHRABANK RSI Chart
MACD (?) MACD: 0.523 and Signal Line: 0.491. According to MACD analysis, a bullish crossover just happend and it's a positive signal. 8.0 ANDHRABANK MACD Chart
Simple Moving Average (?) According to simple moving average analysis, andhrabank is in a uptrend. Support level is at 55.1. 9.0 ANDHRABANK Simple Moving Average Chart
Exponential Moving Average (?) According to exponential moving average analysis, andhrabank is in a uptrend. Support level is at 55.1. 9.0 ANDHRABANK Exponential Moving Average Chart
Bollinger Bands (?) Bollinger bandwidth suggests a squeeze is happening, watch for a breakout above the upper band.%b is 0.91. According to bollinger bands, andhrabank has moved strongly towards upper band, which is a positive signal. 8.0 ANDHRABANK Bollinger Bands Chart
Fibonacci Retracement (?) According to fibonacci retracement, price is above all levels. Major support is at 53.8222 and 52.3. And resistance is at 58.75. 2.0 ANDHRABANK Fibonacci Retracement Chart
Average True Range (?) ATR: 1.46 NA ANDHRABANK Average True Range Chart
Average Directional Index (?) ADX is 24.7 which means ANDHRABANK is in a trading range and there is no trend. NA ANDHRABANK Average Directional Index Chart
Note: Technical Analysis updated at 7PM on every trading day.
End-of-Day Share Price - NSE
March 24, 2017
Open Price 55.4
High Price 57.6
Low Price 55.2
Close Price 56.75
Absolute Change 1.55
Percentage Change 2.81%
Weekly Change 2.62%
Monthly Change 3.46%
Yearly Change 11.4%
52-week high 64.05
52-week low 44.7
Corporate Actions
ExDate Purpose
July 13, 2016 AGM/DIV-RE 0.50 PER SHARE
June 30, 2015 AGM/DIV-RS 2 PER SHARE
July 11, 2014 Annual General Meeting
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Volume Chart
Real time prices can be delayed by 20 minutes. Prices are refreshed from our server automatically after 1 minute. If NSE real time price is not available then BSE real time prices are provided. Volume displayed might not be correct..

Fundamental Analysis

Beta (?)1.29
Confidence in Beta11.2%
Whenever available, consolidated financial results are used. For details, see here.
Stock Deliverable Quantity and Daily Volatility
Indicator Analysis Signal (0 - Strong Sell, 10 - Strong Buy) Chart
Deliverable Quantity (?) 24 March 2017: Deliverable Quantity:1.73e+06 NA ANDHRABANK Deliverable Quantity Chart
Annualized Daily Volatility (Spot Price) (?) 24 March 2017: Daily Volatility:0.3401 NA ANDHRABANK Annualized Daily Volatility (Spot Price) Chart

Futures & Options Analysis

Indicator Analysis Signal (0 - Strong Sell, 10 - Strong Buy) Chart
PCR (?) 24 March 2017: PCR_OI:0.439 PCR:0.226 NA ANDHRABANK PCR Chart
Premium (?) 24 March 2017 Premium: 0.1 Futures OI:18450000.0 NA ANDHRABANK Premium Chart
Option_MAX_OI (?) 24 March 2017: Price:56.75 Put with maximum OI:55.0 Call with maximum OI:57.5 NA ANDHRABANK Option_MAX_OI Chart

Futures - NSE

Expiry Date Close Price Open Interest Number of Trades No of Contracts Underlying Closing Price
March 30, 2017 56.85 18450000.0 1642.0 1715.0 56.75
April 27, 2017 57.15 3600000.0 364.0 382.0 56.75

Announcements

March 20, 2017 Updates Andhra Bank has informed the Exchange that the company have received a communication from Government of India vide its letter No. F No. F/38/2014-BOA dated March 16,2017 informing, inter alia, that Andhra Bank has been identified for capital allocation for the Financial Year 2017 as a part of turnaround linked infusion plan. The indicative allocation of capital is Rs. 1100 Crore to the Bank. The Matter will be put up to our Board of Directors for consideration.
March 01, 2017 Credit Rating Andhra Bank has informed the Exchange regarding Credit Rating
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Board Meetings

Date Meeting Date Purpose
March 23, 2017 March 27, 2017 Preferential issue Inter-alia, to consider the following proposal(s)- (a). for raising of Equity Capital of the Bank by way of preferential allotment to Government of India (GOI), subject to necessary approvals / permissions. (b). for raising of Equity Capital of the Bank through Qualified Institutional Placement, Follow-on Public Offer, etc.at an appropriate time.
January 30, 2017 February 09, 2017 Results inter-alia, to consider and approve the Unaudited Financial Results of the Bank for the Quarter and Nine-Months ended December 31, 2016. Further that in terms of Andhra bank Code of Conduct for Prohibition of Insider Trading, the trading window for dealing in securities of the Bank will remain closed from January 31, 2017 to February 11, 2017 (48 hours after the conclusion of the Board Meeting) for the Directors / Designated Persons of the Bank and that the Trading Window will open on February 12, 2017.
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ANDHRABANK is part of...

Index Weightage
CNXPSUBANK NA

Intraday Pivot Points

S3 S2 S1 Pivot R1 R2 R3
Rs. 53.03 Rs. 54.12 Rs. 55.43 Rs. 56.52 Rs. 57.83 Rs. 58.92 Rs. 60.23