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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 2024-11-04 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 595119

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	34.33	35.45	35.45	34.02	0.72 times
01 Fri Nov 2024	35.47	35.19	35.78	35.16	0.249 times
31 Thu Oct 2024	35.04	34.70	35.47	34.55	0.72 times
30 Wed Oct 2024	34.76	34.44	35.43	34.31	1.103 times
29 Tue Oct 2024	34.28	34.00	34.74	33.63	0.98 times
28 Mon Oct 2024	34.00	33.56	34.57	33.49	0.926 times
25 Fri Oct 2024	33.44	34.81	34.89	33.01	0.994 times
24 Thu Oct 2024	34.83	35.99	35.99	34.65	0.832 times
23 Wed Oct 2024	35.73	34.28	37.00	33.01	1.536 times
22 Tue Oct 2024	34.28	36.60	36.78	34.02	1.314 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.4, but if it comes above 34.4, then a intra day buy could be more profitable.
If you take a sell trade below 34.4, then use 34.4 as stoploss and 33.1 as target. However if you take a buy trade in stock , then use 34.4 as stoploss and 35.44 as target.

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	33.01
Upside Target	35.45
Upside Target	36.52
Upside Target	38.00
Upside Target	38.25
Upside Target	38.30
Upside Target	38.69
Upside Target	39.81
Upside Target	39.92
Upside Target	45.94
Upside Target	46.20

Intraday share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Intraday Target	33.75
Downside Intraday Target	33.17
Upside Intraday Target	35.18
Upside Intraday Target	36.03
Upside Intraday Target	34.6

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	34.33	35.45	35.45	34.02	0.181 times
01 Fri Nov 2024	35.47	33.56	35.78	33.49	0.661 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

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
04 Mon Nov 2024	34.33	35.19	35.78	34.02	0.029 times
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

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 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 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 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 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.

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 34.6 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.