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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 2024-10-25 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 1001184

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	33.44	34.81	34.89	33.01	0.591 times
24 Thu Oct 2024	34.83	35.99	35.99	34.65	0.494 times
23 Wed Oct 2024	35.73	34.28	37.00	33.01	0.913 times
22 Tue Oct 2024	34.28	36.60	36.78	34.02	0.781 times
21 Mon Oct 2024	36.72	38.00	38.25	36.22	0.799 times
18 Fri Oct 2024	37.80	37.00	38.30	35.71	1.358 times
17 Thu Oct 2024	37.03	36.40	38.25	36.10	3.249 times
16 Wed Oct 2024	35.98	35.60	36.20	35.52	0.28 times
15 Tue Oct 2024	35.74	36.00	36.30	35.52	0.554 times
14 Mon Oct 2024	35.88	35.95	36.93	35.52	0.884 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 33.4, for a target of 34.9 or 36.07

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	33.01
Upside Target	34.10
Upside Target	35.52
Upside Target	36.52
Upside Target	38.30
Upside Target	38.69
Upside Target	39.27
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	31.55
Downside Intraday Target	29.66
Upside Intraday Target	36.79
Upside Intraday Target	40.14
Upside Intraday Target	34.9

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	33.44	38.00	38.25	33.01	0.566 times
18 Fri Oct 2024	37.80	35.95	38.30	35.52	1.043 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

Price has moved down 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
25 Fri Oct 2024	33.44	37.76	38.30	33.01	1.202 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 coming down

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 36.25 and Dhanlaxmi Bank (DHANBANK) stock is trading below this level. This means that stock is falling with high volumes. 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.