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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 2024-12-18 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 2828547

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	40.54	43.00	43.00	40.13	0.76 times
17 Tue Dec 2024	42.53	40.20	43.20	39.51	2.271 times
16 Mon Dec 2024	40.04	40.00	41.60	39.60	0.821 times
13 Fri Dec 2024	39.89	39.03	40.00	38.27	1.048 times
12 Thu Dec 2024	39.11	36.85	39.79	36.52	0.971 times
11 Wed Dec 2024	36.88	36.85	37.76	36.50	0.331 times
10 Tue Dec 2024	37.04	37.85	37.85	36.81	0.207 times
09 Mon Dec 2024	37.59	38.05	38.34	37.28	0.249 times
06 Fri Dec 2024	38.05	37.90	39.24	37.16	0.834 times
05 Thu Dec 2024	37.64	39.25	39.35	37.30	0.823 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 39.5, but if it comes below 39.5, then a intra day sell could be more profitable.
If you take a sell trade below 39.5, then use 39.5 as stoploss and 36.01 as target. However if you take a buy trade in stock , then use 39.5 as stoploss and 43.6 as target.

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	30.45
Downside Target	31.57
Downside Target	32.29
Downside Target	33.90
Downside Target	35.78
Downside Target	36.50
Downside Target	38.30
Downside Target	39.51
Downside Target	39.92
Downside Target	40.00
Upside Target	43.20
Upside Target	45.94

Intraday share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Intraday Target	38.97
Downside Intraday Target	37.39
Upside Intraday Target	42.66
Upside Intraday Target	44.77
Upside Intraday Target	41.08

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	40.54	40.00	43.20	39.51	1.374 times
13 Fri Dec 2024	39.89	38.05	40.00	36.50	0.639 times
06 Fri Dec 2024	38.05	33.19	39.35	32.38	6.911 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

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
18 Wed Dec 2024	40.54	33.19	43.20	32.38	4.215 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, and volume has increased substantially. This means that the move can 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 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 mid to longer 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.

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 and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 39.93 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.