(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 2024-03-19 View latest technical analysis
10 day averaged volume of Indbank Merchant is 1102800
Date | Daily Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 41.35 | 41.60 | 43.20 | 41.10 | 0.101 times |
18 Mon Mar 2024 | 42.55 | 43.45 | 44.50 | 42.30 | 0.1 times |
15 Fri Mar 2024 | 43.95 | 45.45 | 45.75 | 42.00 | 0.212 times |
14 Thu Mar 2024 | 44.80 | 39.50 | 45.60 | 39.50 | 0.534 times |
13 Wed Mar 2024 | 40.05 | 44.30 | 44.95 | 39.25 | 0.392 times |
12 Tue Mar 2024 | 44.15 | 46.75 | 46.90 | 43.85 | 0.31 times |
11 Mon Mar 2024 | 46.35 | 49.30 | 49.75 | 46.10 | 0.354 times |
07 Thu Mar 2024 | 49.20 | 50.25 | 50.85 | 49.00 | 0.427 times |
06 Wed Mar 2024 | 50.00 | 54.50 | 54.90 | 49.50 | 1.959 times |
05 Tue Mar 2024 | 56.30 | 47.35 | 56.40 | 47.00 | 5.605 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.7, but if it comes above 43.7, then a intra day buy could be more profitable.
If you take a sell trade below 43.7, then use 43.7 as stoploss and 39.3 as target. However if you take a buy trade in stock , then use 43.7 as stoploss and 47.29 as target.
Share price targets for Indbank Merchant (INDBANK)
Target Type | Value |
Downside Target | 29.15 |
Downside Target | 36.65 |
Downside Target | 39.25 |
Downside Target | 41.10 |
Upside Target | 42.05 |
Upside Target | 44.50 |
Upside Target | 46.15 |
Upside Target | 48.00 |
Upside Target | 49.75 |
Upside Target | 51.80 |
Upside Target | 53.10 |
Upside Target | 54.65 |
Upside Target | 56.40 |
Upside Target | 60.65 |
Intraday share price targets for Indbank Merchant (INDBANK)
Target Type | Value |
Downside Intraday Target | 40.13 |
Downside Intraday Target | 38.92 |
Upside Intraday Target | 43.53 |
Upside Intraday Target | 45.72 |
Upside Intraday Target | 42.32 |
Weekly technical analysis of Indbank Merchant (INDBANK)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 41.35 | 43.45 | 44.50 | 41.10 | 0.112 times |
15 Fri Mar 2024 | 43.95 | 49.30 | 49.75 | 39.25 | 0.222 times |
07 Thu Mar 2024 | 49.20 | 48.75 | 56.40 | 46.80 | 7.838 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 |
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 |
19 Tue Mar 2024 | 41.35 | 48.25 | 56.40 | 39.25 | 0.655 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 down 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Indbank Merchant in short term and the sell signal is strong.
Indbank Merchant 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 Indbank Merchant in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 Indbank Merchant is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.23 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.
Price action analysis of Indbank Merchant ( (INDBANK) ) 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Indbank Merchant in short term and the sell signal is strong.
Indbank Merchant 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 Indbank Merchant in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 Indbank Merchant is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.23 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.
Click here for Indbank Merchant charts
Click here for further forecast and predictions for tomorrow
Daily charts
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