(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.
Showing technical analysis as on 2024-03-05 View latest technical analysis
10 day averaged volume of Indbank Merchant is 189638
Date | Daily Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 56.30 | 47.35 | 56.40 | 47.00 | 32.595 times |
04 Mon Mar 2024 | 47.00 | 48.75 | 48.95 | 46.80 | 0.62 times |
02 Sat Mar 2024 | 48.05 | 48.10 | 49.50 | 46.80 | 0.171 times |
01 Fri Mar 2024 | 48.10 | 48.25 | 48.85 | 47.80 | 0.662 times |
29 Thu Feb 2024 | 47.60 | 48.35 | 48.35 | 46.15 | 0.832 times |
28 Wed Feb 2024 | 47.65 | 49.70 | 50.15 | 47.15 | 0.832 times |
27 Tue Feb 2024 | 49.70 | 51.55 | 51.75 | 49.45 | 0.786 times |
26 Mon Feb 2024 | 51.05 | 49.50 | 51.80 | 48.80 | 2.725 times |
23 Fri Feb 2024 | 49.15 | 49.80 | 50.70 | 49.00 | 0.928 times |
22 Thu Feb 2024 | 49.35 | 49.35 | 49.70 | 48.00 | 0.978 times |
Stock of Indbank Merchant (INDBANK) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 55.8, for a target of 52.8 or 50.32
Share price targets for Indbank Merchant (INDBANK)
Target Type | Value |
Downside Target | 29.15 |
Downside Target | 36.65 |
Downside Target | 42.05 |
Downside Target | 46.15 |
Downside Target | 48.00 |
Downside Target | 49.85 |
Downside Target | 51.80 |
Downside Target | 53.10 |
Downside Target | 54.65 |
Downside Target | 54.90 |
Upside Target | 56.40 |
Upside Target | 60.65 |
Intraday share price targets for Indbank Merchant (INDBANK)
Target Type | Value |
Downside Intraday Target | 49.93 |
Downside Intraday Target | 43.57 |
Upside Intraday Target | 59.53 |
Upside Intraday Target | 62.77 |
Downside Intraday Target | 53.17 |
Weekly technical analysis of Indbank Merchant (INDBANK)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 56.30 | 48.75 | 56.40 | 46.80 | 5.528 times |
02 Sat Mar 2024 | 48.05 | 49.50 | 51.80 | 46.15 | 1.169 times |
23 Fri Feb 2024 | 49.15 | 51.80 | 53.10 | 48.00 | 0.403 times |
16 Fri Feb 2024 | 51.45 | 54.85 | 54.90 | 47.00 | 0.23 times |
09 Fri Feb 2024 | 54.30 | 50.25 | 60.65 | 49.85 | 0.743 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 Indbank Merchant (INDBANK)
Date | Monthly Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 56.30 | 48.25 | 56.40 | 46.80 | 0.375 times |
29 Thu Feb 2024 | 47.60 | 49.45 | 60.65 | 46.15 | 0.693 times |
31 Wed Jan 2024 | 49.45 | 38.00 | 54.65 | 37.30 | 14.899 times |
29 Fri Dec 2023 | 38.00 | 41.45 | 42.05 | 36.65 | 0.062 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 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 Indbank Merchant ( (INDBANK) ) based on a short 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 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 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 Indbank Merchant stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Indbank Merchant in short term but the sell 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Indbank Merchant in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 54.84 and Indbank Merchant (INDBANK) 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 Indbank Merchant (INDBANK) stock. Volume based technical analysis of Indbank Merchant (INDBANK) stock is negative.
Indbank Merchant 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 Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant ( (INDBANK) ) based on a short 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 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 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 Indbank Merchant stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Indbank Merchant in short term but the sell 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Indbank Merchant in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 54.84 and Indbank Merchant (INDBANK) 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 Indbank Merchant (INDBANK) stock. Volume based technical analysis of Indbank Merchant (INDBANK) stock is negative.
Indbank Merchant 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 Indbank Merchant charts
Click here for further forecast and predictions for tomorrow
Daily charts
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