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(DHANBANK) Dhanlaxmi Bank complete technical analysis [charts+indicators] | Buy/Sell Dhanlaxmi Bank | (DHANBANK) share price targets

Complete technical analysis of Dhanlaxmi Bank (DHANBANK) by charts plus indicators, forecast predictions and share price targets for Dhanlaxmi Bank (DHANBANK)

Dhanlaxmi Bank trades in NSE in Banks sector.

Showing technical analysis as on 2024-09-27 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 650633

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	38.21	37.92	38.54	37.58	0.95 times
26 Thu Sep 2024	37.71	37.69	37.96	37.40	0.623 times
25 Wed Sep 2024	37.63	38.05	38.14	37.51	0.577 times
24 Tue Sep 2024	37.94	38.52	38.74	37.81	0.793 times
23 Mon Sep 2024	38.51	37.45	39.27	37.01	1.984 times
20 Fri Sep 2024	37.19	36.97	37.69	36.55	0.941 times
19 Thu Sep 2024	36.97	37.95	38.40	36.52	1.157 times
18 Wed Sep 2024	37.80	38.20	38.46	37.70	1.027 times
17 Tue Sep 2024	38.12	38.66	38.86	37.90	0.634 times
16 Mon Sep 2024	38.66	39.30	39.40	38.26	1.007 times

My analysis of stock is bullish for shortterm, and stock might move up till 38.7 or till 39.4. Use a stoploss of 38.18 and if this stock hits its stoploss, then it can fall down till 37.62

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	36.52
Upside Target	39.81
Upside Target	39.92
Upside Target	40.65
Upside Target	41.00
Upside Target	43.50
Upside Target	45.94
Upside Target	46.20
Upside Target	46.30

Intraday share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Intraday Target	37.06
Downside Intraday Target	35.9
Upside Intraday Target	39.32
Upside Intraday Target	40.42
Downside Intraday Target	38.16

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	38.21	37.45	39.27	37.01	1.034 times
20 Fri Sep 2024	37.19	39.30	39.40	36.52	0.856 times
13 Fri Sep 2024	39.18	38.25	39.50	37.16	0.857 times
06 Fri Sep 2024	38.20	39.39	39.92	38.00	0.944 times
30 Fri Aug 2024	38.81	40.31	40.65	38.69	0.71 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	38.21	39.39	39.92	36.52	0.355 times
30 Fri Aug 2024	38.81	44.90	45.94	38.69	0.975 times
31 Wed Jul 2024	44.55	41.93	46.20	39.81	1.576 times
28 Fri Jun 2024	41.81	43.00	46.30	37.65	7.432 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Dhanlaxmi Bank (DHANBANK)

Price action analysis of Dhanlaxmi Bank ( (DHANBANK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Dhanlaxmi Bank ( (DHANBANK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Dhanlaxmi Bank ( (DHANBANK) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Dhanlaxmi Bank ( (DHANBANK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Dhanlaxmi Bank stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Dhanlaxmi Bank in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Dhanlaxmi Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Dhanlaxmi Bank in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Dhanlaxmi Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.93 and Dhanlaxmi Bank (DHANBANK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Dhanlaxmi Bank (DHANBANK) stock. Volume based technical analysis of Dhanlaxmi Bank (DHANBANK) stock is negative.

Dhanlaxmi Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.