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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 2024-12-03 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 377203

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	34.00	33.40	34.10	33.28	1.099 times
02 Mon Dec 2024	33.34	33.19	34.49	32.38	1.068 times
29 Fri Nov 2024	33.13	33.90	33.90	32.81	0.79 times
28 Thu Nov 2024	33.30	33.05	33.69	32.80	1.087 times
27 Wed Nov 2024	32.71	32.21	32.84	32.17	0.501 times
26 Tue Nov 2024	32.35	31.90	32.75	31.79	0.99 times
25 Mon Nov 2024	31.88	33.39	33.39	31.57	1.397 times
22 Fri Nov 2024	31.06	30.62	31.22	30.62	0.78 times
21 Thu Nov 2024	30.91	31.65	31.70	30.60	1.016 times
19 Tue Nov 2024	31.55	31.62	32.29	31.22	0.893 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 34.2 as stoploss in an intra day sell trade for a target of 32.83. However, stock will show a bullish move above 34.2.

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	30.45
Downside Target	32.29
Upside Target	34.49
Upside Target	35.76
Upside Target	35.78
Upside Target	36.52
Upside Target	38.30
Upside Target	38.69
Upside Target	39.92
Upside Target	45.94

Intraday share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Intraday Target	32.76
Downside Intraday Target	31.51
Upside Intraday Target	34.87
Upside Intraday Target	35.73
Downside Intraday Target	33.62

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	34.00	33.19	34.49	32.38	0.455 times
29 Fri Nov 2024	33.13	33.39	33.90	31.57	1.143 times
22 Fri Nov 2024	31.06	31.60	32.29	30.45	0.961 times
14 Thu Nov 2024	31.76	33.29	33.71	31.00	0.724 times
08 Fri Nov 2024	33.63	35.45	35.76	33.51	0.955 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
03 Tue Dec 2024	34.00	33.19	34.49	32.38	0.11 times
29 Fri Nov 2024	33.13	35.19	35.78	30.45	0.378 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

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Dhanlaxmi Bank ( (DHANBANK) ) based on a short to mid 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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 32.44 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.