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(INDBANK) Indbank Merchant complete technical analysis [charts+indicators] | Buy/Sell Indbank Merchant | (INDBANK) share price targets

Complete technical analysis of Indbank Merchant (INDBANK) by charts plus indicators, forecast predictions and share price targets for Indbank Merchant (INDBANK)

Indbank Merchant trades in NSE in Other Financial Services sector.

10 day averaged volume of Indbank Merchant is 83106

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Apr 2025	28.53	28.50	28.73	28.37	0.197 times
08 Tue Apr 2025	28.53	28.15	29.29	28.15	0.403 times
07 Mon Apr 2025	28.05	29.50	29.50	25.50	0.77 times
04 Fri Apr 2025	29.18	30.00	30.29	28.87	0.766 times
03 Thu Apr 2025	30.13	29.30	30.90	29.30	0.979 times
02 Wed Apr 2025	29.64	29.69	29.99	29.05	0.55 times
01 Tue Apr 2025	29.18	28.12	30.92	28.12	1.249 times
28 Fri Mar 2025	28.12	29.40	29.40	28.00	1.269 times
27 Thu Mar 2025	28.63	29.44	29.47	28.51	1.829 times
26 Wed Mar 2025	29.44	30.90	30.90	29.19	1.207 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.8, but if it comes above 28.8, then a intra day buy could be more profitable.
If you take a sell trade below 28.8, then use 28.8 as stoploss and 27.3 as target. However if you take a buy trade in stock , then use 28.8 as stoploss and 30.01 as target.

Share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Target	25.50
Downside Target	28.00
Upside Target	29.50
Upside Target	30.10
Upside Target	32.14
Upside Target	32.49
Upside Target	32.85
Upside Target	37.50
Upside Target	39.48
Upside Target	43.00
Upside Target	48.05
Upside Target	53.00

Intraday share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Intraday Target	26.19
Downside Intraday Target	23.84
Upside Intraday Target	30.19
Upside Intraday Target	31.84
Downside Intraday Target	27.84

Weekly technical analysis of Indbank Merchant (INDBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Apr 2025	28.53	29.50	29.50	25.50	0.387 times
04 Fri Apr 2025	29.18	28.12	30.92	28.12	0.577 times
28 Fri Mar 2025	28.12	31.55	32.19	28.00	1.176 times
21 Fri Mar 2025	31.48	31.90	32.14	30.10	2.997 times
13 Thu Mar 2025	31.21	32.00	32.49	30.40	0.511 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 Indbank Merchant (INDBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Wed Apr 2025	28.53	28.12	30.92	25.50	0.297 times
28 Fri Mar 2025	28.12	30.20	32.85	28.00	1.804 times
28 Fri Feb 2025	29.91	38.52	39.48	29.50	0.395 times
31 Fri Jan 2025	38.59	46.49	48.05	37.50	0.435 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 Indbank Merchant (INDBANK)

Price action analysis of Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant ( (INDBANK) ) based on a short to mid 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 Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Indbank Merchant 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.

Indbank Merchant 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Indbank Merchant 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 negative zone. This is the SELL zone

Stock of Indbank Merchant is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.95 and Indbank Merchant (INDBANK) 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 Indbank Merchant (INDBANK) stock. Volume based technical analysis of Indbank Merchant (INDBANK) stock is negative.

Indbank Merchant 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.