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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 2024-10-10 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 756380

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	36.33	36.45	36.79	36.11	1.252 times
09 Wed Oct 2024	36.32	35.20	38.00	35.20	2.897 times
08 Tue Oct 2024	35.17	34.60	35.27	34.48	1.142 times
07 Mon Oct 2024	34.48	36.15	36.28	34.10	1.822 times
04 Fri Oct 2024	36.08	36.40	36.84	35.80	0.656 times
03 Thu Oct 2024	36.42	37.06	37.49	36.01	0.75 times
01 Tue Oct 2024	37.52	37.76	37.85	37.46	0.462 times
30 Mon Sep 2024	37.76	38.19	38.25	37.51	0.422 times
27 Fri Sep 2024	38.21	37.92	38.54	37.58	0.817 times
26 Thu Sep 2024	37.71	37.69	37.96	37.40	0.536 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 36.1 as stoploss in an intra day buy trade for a target of 37.32. However, stock will show a bearish move below 36.1.

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	34.10
Downside Target	35.80
Upside Target	36.52
Upside Target	39.27
Upside Target	39.40
Upside Target	39.50
Upside Target	39.81
Upside Target	39.92
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	34.29
Downside Intraday Target	32.24
Upside Intraday Target	38.19
Upside Intraday Target	40.04
Downside Intraday Target	36.14

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	36.33	36.15	38.00	34.10	3.106 times
04 Fri Oct 2024	36.08	38.19	38.25	35.80	0.54 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	36.33	37.76	38.00	34.10	0.469 times
30 Mon Sep 2024	37.76	39.39	39.92	36.52	0.363 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

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 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 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.

Price action analysis of Dhanlaxmi Bank ( (DHANBANK) ) based on a short to mid 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.

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 SELL signal for Dhanlaxmi Bank in short term and the sell signal is strong.

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 below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Dhanlaxmi Bank in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 36.2 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.