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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 2024-10-31 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 998678

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	35.04	34.70	35.47	34.55	0.429 times
30 Wed Oct 2024	34.76	34.44	35.43	34.31	0.657 times
29 Tue Oct 2024	34.28	34.00	34.74	33.63	0.584 times
28 Mon Oct 2024	34.00	33.56	34.57	33.49	0.552 times
25 Fri Oct 2024	33.44	34.81	34.89	33.01	0.593 times
24 Thu Oct 2024	34.83	35.99	35.99	34.65	0.496 times
23 Wed Oct 2024	35.73	34.28	37.00	33.01	0.916 times
22 Tue Oct 2024	34.28	36.60	36.78	34.02	0.783 times
21 Mon Oct 2024	36.72	38.00	38.25	36.22	0.801 times
18 Fri Oct 2024	37.80	37.00	38.30	35.71	1.361 times

My analysis of stock is bearish for shortterm, and stock might move down till 34.4 or till 33.1. Use a stoploss of 35.47 and if the stock hits stoploss, then it can shoot up till 36.55

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	33.01
Upside Target	35.47
Upside Target	36.52
Upside Target	37.65
Upside Target	38.30
Upside Target	38.69
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	33.86
Downside Intraday Target	32.69
Upside Intraday Target	35.84
Upside Intraday Target	36.65
Downside Intraday Target	34.67

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	35.04	33.56	35.47	33.49	0.619 times
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

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
31 Thu Oct 2024	35.04	37.76	38.30	33.01	1.355 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 SELL. Signal strength is Weak and stock is losing 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Dhanlaxmi Bank in short term but BUY signal is weak.

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

Although the stock is in the BUY zone, but buying 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 35.44 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.