(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 2024-04-08 View latest technical analysis
10 day averaged volume of Indbank Merchant is 225948
Date | Daily Closing Price | Open | High | Low | Volume |
08 Mon Apr 2024 | 49.00 | 50.05 | 50.50 | 48.20 | 0.593 times |
05 Fri Apr 2024 | 50.55 | 50.55 | 51.40 | 49.85 | 0.881 times |
04 Thu Apr 2024 | 50.55 | 50.00 | 51.25 | 49.50 | 1.605 times |
03 Wed Apr 2024 | 49.15 | 45.70 | 50.00 | 44.80 | 2.257 times |
02 Tue Apr 2024 | 45.65 | 44.35 | 46.90 | 44.35 | 0.989 times |
01 Mon Apr 2024 | 44.35 | 43.20 | 45.30 | 43.20 | 0.859 times |
28 Thu Mar 2024 | 43.15 | 42.60 | 44.65 | 42.55 | 1.09 times |
27 Wed Mar 2024 | 42.50 | 42.55 | 43.95 | 42.15 | 0.495 times |
26 Tue Mar 2024 | 42.85 | 43.40 | 44.20 | 42.60 | 0.584 times |
22 Fri Mar 2024 | 43.40 | 43.00 | 44.20 | 42.55 | 0.451 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48, but if it comes below 48, then a intra day sell could be more profitable.
If you take a sell trade below 48, then use 48 as stoploss and 44.83 as target. However if you take a buy trade in stock , then use 48 as stoploss and 51.9 as target.
Share price targets for Indbank Merchant (INDBANK)
Target Type | Value |
Downside Target | 36.65 |
Downside Target | 39.25 |
Downside Target | 42.05 |
Downside Target | 43.20 |
Downside Target | 44.50 |
Downside Target | 46.15 |
Downside Target | 48.20 |
Upside Target | 49.75 |
Upside Target | 50.50 |
Upside Target | 51.40 |
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 | 47.97 |
Downside Intraday Target | 46.93 |
Upside Intraday Target | 50.27 |
Upside Intraday Target | 51.53 |
Upside Intraday Target | 49.23 |
Weekly technical analysis of Indbank Merchant (INDBANK)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Mon Apr 2024 | 49.00 | 50.05 | 50.50 | 48.20 | 0.09 times |
05 Fri Apr 2024 | 50.55 | 43.20 | 51.40 | 43.20 | 3.039 times |
28 Thu Mar 2024 | 43.15 | 43.40 | 44.65 | 42.15 | 0.752 times |
22 Fri Mar 2024 | 43.40 | 43.45 | 44.50 | 39.95 | 0.328 times |
15 Fri Mar 2024 | 43.95 | 49.30 | 49.75 | 39.25 | 0.222 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 |
08 Mon Apr 2024 | 49.00 | 43.20 | 51.40 | 43.20 | 0.133 times |
28 Thu Mar 2024 | 43.15 | 48.25 | 56.40 | 39.25 | 0.709 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 |
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 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 Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant ( (INDBANK) ) based on a short to mid 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Indbank Merchant 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.
Indbank Merchant Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Indbank Merchant in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 47.08 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 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 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 Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant ( (INDBANK) ) based on a short to mid 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Indbank Merchant 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.
Indbank Merchant Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Indbank Merchant in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 47.08 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 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
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org.in2024 All Rights reserved.