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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 2024-10-17 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 885127

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	37.03	36.40	38.25	36.10	3.675 times
16 Wed Oct 2024	35.98	35.60	36.20	35.52	0.316 times
15 Tue Oct 2024	35.74	36.00	36.30	35.52	0.626 times
14 Mon Oct 2024	35.88	35.95	36.93	35.52	0.999 times
11 Fri Oct 2024	35.60	36.20	36.35	35.15	0.778 times
10 Thu Oct 2024	36.33	36.45	36.79	36.11	1.07 times
09 Wed Oct 2024	36.32	35.20	38.00	35.20	2.475 times
08 Tue Oct 2024	35.17	34.60	35.27	34.48	0.976 times
07 Mon Oct 2024	34.48	36.15	36.28	34.10	1.557 times
04 Fri Oct 2024	36.08	36.40	36.84	35.80	0.561 times

Stock of Dhanlaxmi Bank (DHANBANK) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 37.8 or till 39.1. Use a stoploss of 36.72 and if this stock hits its stoploss, then it can fall down till 35.66

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	34.10
Downside Target	35.52
Downside Target	36.52
Upside Target	38.69
Upside Target	39.27
Upside Target	39.40
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	35.62
Downside Intraday Target	34.2
Upside Intraday Target	38.35
Upside Intraday Target	39.66
Downside Intraday Target	36.93

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	37.03	35.95	38.25	35.52	0.819 times
11 Fri Oct 2024	35.60	36.15	38.00	34.10	3.503 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

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
17 Thu Oct 2024	37.03	37.76	38.25	34.10	0.861 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 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 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 Strong 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. Bulls are getting stronger in this stock.

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 SELL signal in short term but selling 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 36.09 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 rising upwards.

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 is giving positive 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.