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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.

10 day averaged volume of Dhanlaxmi Bank is 2107452

Date Daily Closing Price Open High Low Volume
07 Thu Dec 2023 29.65 29.65 30.15 29.50 1.107 times
06 Wed Dec 2023 29.60 29.95 30.00 29.50 0.68 times
05 Tue Dec 2023 29.75 30.15 30.65 29.50 1.798 times
04 Mon Dec 2023 29.95 29.10 30.15 28.85 3.025 times
01 Fri Dec 2023 28.60 28.50 29.30 28.30 0.756 times
30 Thu Nov 2023 28.30 28.70 28.95 28.20 0.414 times
29 Wed Nov 2023 28.60 29.00 29.25 28.50 0.389 times
28 Tue Nov 2023 28.80 28.35 28.90 28.25 0.711 times
24 Fri Nov 2023 28.15 28.50 28.80 28.00 0.75 times
23 Thu Nov 2023 28.45 28.90 29.20 28.35 0.6 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 29.9 as stoploss in an intra day sell trade for a target of 29.21. However, stock will show a bullish move above 29.9.

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type Value
Downside Target 20.50
Downside Target 22.35
Downside Target 25.85
Downside Target 27.80
Upside Target 30.20
Upside Target 30.25
Upside Target 30.65
Upside Target 31.50
Upside Target 33.80
Upside Target 34.10

Intraday share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type Value
Downside Intraday Target 28.78
Downside Intraday Target 27.92
Upside Intraday Target 30.58
Upside Intraday Target 31.52
Upside Intraday Target 29.72

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date Weekly Closing Price Open High Low Volume
07 Thu Dec 2023 29.65 29.10 30.65 28.85 2.911 times
01 Fri Dec 2023 28.60 28.35 29.30 28.20 0.556 times
24 Fri Nov 2023 28.15 29.80 30.25 28.00 0.443 times
17 Fri Nov 2023 29.45 28.50 31.50 28.50 1.625 times
10 Fri Nov 2023 28.15 29.80 30.20 27.80 1.347 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date Monthly Closing Price Open High Low Volume
07 Thu Dec 2023 29.65 28.50 30.65 28.30 0.313 times
30 Thu Nov 2023 28.30 28.80 31.50 27.80 0.467 times
31 Tue Oct 2023 28.70 29.25 34.10 26.25 0.43 times
29 Fri Sep 2023 29.15 24.10 33.80 22.35 3.013 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 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 neutral. A longer time frame might give a better analysis.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 29.34 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.

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 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 neutral. A longer time frame might give a better analysis.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 29.34 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.

Click here for Dhanlaxmi Bank charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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