Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-23 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 2518781

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	42.09	42.23	42.89	41.11	0.997 times
20 Fri Dec 2024	41.82	41.90	42.80	41.00	1.99 times
19 Thu Dec 2024	40.35	40.00	41.20	39.24	0.533 times
18 Wed Dec 2024	40.54	43.00	43.00	40.13	0.854 times
17 Tue Dec 2024	42.53	40.20	43.20	39.51	2.551 times
16 Mon Dec 2024	40.04	40.00	41.60	39.60	0.922 times
13 Fri Dec 2024	39.89	39.03	40.00	38.27	1.177 times
12 Thu Dec 2024	39.11	36.85	39.79	36.52	1.09 times
11 Wed Dec 2024	36.88	36.85	37.76	36.50	0.371 times
10 Tue Dec 2024	37.04	37.85	37.85	36.81	0.232 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.8, but if it comes below 40.8, then a intra day sell could be more profitable.
If you take a sell trade below 40.8, then use 40.8 as stoploss and 37.53 as target. However if you take a buy trade in stock , then use 40.8 as stoploss and 44.7 as target.

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	30.45
Downside Target	31.57
Downside Target	32.38
Downside Target	33.90
Downside Target	35.78
Downside Target	36.50
Downside Target	38.30
Downside Target	40.00
Downside Target	41.11
Upside Target	42.89
Upside Target	43.20
Upside Target	45.94

Intraday share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Intraday Target	41.17
Downside Intraday Target	40.25
Upside Intraday Target	42.95
Upside Intraday Target	43.81
Downside Intraday Target	42.03

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	42.09	42.23	42.89	41.11	0.146 times
20 Fri Dec 2024	41.82	40.00	43.20	39.24	2.175 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

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
23 Mon Dec 2024	42.09	33.19	43.20	32.38	5.41 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 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 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 gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying 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 40.92 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.