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(DHANBANK_BE) Dhanlaxmi Bank complete technical analysis [charts+indicators] | Buy/Sell Dhanlaxmi Bank | (DHANBANK_BE) share price targets

Complete technical analysis of Dhanlaxmi Bank (DHANBANK_BE) by charts plus indicators, forecast predictions and share price targets for Dhanlaxmi Bank (DHANBANK_BE)

Showing technical analysis as on 2025-01-06 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 954180

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	30.01	31.50	31.90	30.01	1.162 times
03 Fri Jan 2025	31.59	31.94	32.25	31.40	0.387 times
02 Thu Jan 2025	31.95	31.95	32.00	31.25	0.32 times
01 Wed Jan 2025	31.76	31.23	31.95	30.15	0.966 times
31 Tue Dec 2024	31.23	29.31	31.70	29.31	0.919 times
24 Fri May 2024	42.75	42.00	43.90	41.05	1.257 times
23 Thu May 2024	42.10	41.85	42.95	41.80	3.524 times
22 Wed May 2024	44.00	44.20	44.70	43.35	0.667 times
21 Tue May 2024	44.20	42.50	44.45	42.00	1.286 times
18 Sat May 2024	42.35	42.45	42.50	42.00	0.257 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 28.9, for a target of 34.8 or 39.67

Share price targets for Dhanlaxmi Bank (DHANBANK_BE)

Target Type	Value
Downside Target	29.31
Downside Target	30.01
Upside Target	31.70
Upside Target	38.80
Upside Target	40.00
Upside Target	41.30
Upside Target	43.15
Upside Target	44.05
Upside Target	44.70
Upside Target	44.95
Upside Target	49.00
Upside Target	49.40

Intraday share price targets for Dhanlaxmi Bank (DHANBANK_BE)

Target Type	Value
Downside Intraday Target	29.38
Downside Intraday Target	28.75
Upside Intraday Target	31.27
Upside Intraday Target	32.53
Upside Intraday Target	30.64

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	30.01	31.50	31.90	30.01	0.449 times
03 Fri Jan 2025	31.59	29.31	32.25	29.31	0.385 times
24 Fri May 2024	42.75	42.50	44.70	41.05	2.585 times
18 Sat May 2024	42.35	42.45	43.15	40.00	1.115 times
10 Fri May 2024	41.45	43.85	44.05	40.75	0.869 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	30.01	31.23	32.25	30.01	3.086 times
31 Tue Dec 2024	31.23	29.31	31.70	29.31	0.07 times
24 Fri May 2024	42.75	44.95	44.95	40.00	0.588 times
30 Tue Apr 2024	44.15	42.50	49.40	41.30	1.113 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Dhanlaxmi Bank (DHANBANK_BE)

Price action analysis of Dhanlaxmi Bank ( (DHANBANK_BE) ) 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_BE) ) based on a short 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_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Dhanlaxmi Bank ( (DHANBANK_BE) ) 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 SELL signal for Dhanlaxmi Bank in short term and the sell signal is strong.

Dhanlaxmi Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 but selling 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 38.7 and Dhanlaxmi Bank (DHANBANK_BE) 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_BE) stock. Volume based technical analysis of Dhanlaxmi Bank (DHANBANK_BE) 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.