(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 625446
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Jul 2021 | 31.85 | 33.10 | 33.15 | 31.75 | 0.173 times |
| 29 Thu Jul 2021 | 32.80 | 34.00 | 34.00 | 32.35 | 0.217 times |
| 28 Wed Jul 2021 | 33.20 | 34.20 | 34.20 | 32.50 | 0.474 times |
| 27 Tue Jul 2021 | 32.85 | 31.15 | 33.50 | 29.55 | 0.923 times |
| 26 Mon Jul 2021 | 30.65 | 32.05 | 33.15 | 30.55 | 0.304 times |
| 23 Fri Jul 2021 | 32.45 | 33.20 | 33.45 | 31.25 | 0.436 times |
| 22 Thu Jul 2021 | 32.90 | 32.15 | 34.00 | 32.05 | 0.477 times |
| 20 Tue Jul 2021 | 31.85 | 34.00 | 34.25 | 31.10 | 0.675 times |
| 19 Mon Jul 2021 | 34.25 | 34.30 | 35.90 | 34.00 | 0.694 times |
| 16 Fri Jul 2021 | 34.00 | 36.25 | 37.40 | 33.00 | 1.1 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 34.3 as stoploss in an intra day sell trade for a target of 29.32. However, stock will show a bullish move above 34.3.
Share price targets for Indbank Merchant (INDBANK)
| Target Type | Value |
| Downside Target | 11.80 |
| Downside Target | 12.50 |
| Downside Target | 13.00 |
| Downside Target | 14.90 |
| Downside Target | 16.00 |
| Downside Target | 16.50 |
| Downside Target | 20.30 |
| Downside Target | 21.55 |
| Downside Target | 22.75 |
| Downside Target | 23.55 |
| Downside Target | 24.75 |
| Downside Target | 29.55 |
| Downside Target | 31.10 |
| Upside Target | 34.20 |
| Upside Target | 35.90 |
| Upside Target | 37.40 |
Intraday share price targets for Indbank Merchant (INDBANK)
| Target Type | Value |
| Downside Intraday Target | 29.53 |
| Downside Intraday Target | 27.22 |
| Upside Intraday Target | 34.18 |
| Upside Intraday Target | 36.52 |
| Upside Intraday Target | 31.87 |
Weekly technical analysis of Indbank Merchant (INDBANK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Jul 2021 | 31.85 | 32.05 | 34.20 | 29.55 | 0.916 times |
| 23 Fri Jul 2021 | 32.45 | 34.30 | 35.90 | 31.10 | 0.142 times |
| 16 Fri Jul 2021 | 34.00 | 24.00 | 37.40 | 22.75 | 10.136 times |
| 09 Fri Jul 2021 | 22.90 | 23.00 | 23.55 | 21.55 | 0.112 times |
| 02 Fri Jul 2021 | 22.75 | 20.70 | 24.75 | 20.30 | 2.478 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 |
| 30 Fri Jul 2021 | 31.85 | 22.85 | 37.40 | 21.55 | 0.644 times |
| 30 Wed Jun 2021 | 22.70 | 15.90 | 24.75 | 14.90 | 4.125 times |
| 31 Mon May 2021 | 15.85 | 13.20 | 16.70 | 13.00 | 1.278 times |
| 30 Fri Apr 2021 | 13.20 | 13.15 | 16.50 | 12.50 | 1.566 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 17, 15 | Buy |
| MACD | 6, 6 | Sell |
| Stochastics | 43 | None |
| CCI | -54 | Sell |
| RSI | 63 | Buy |
| OBV | 9248451 | Sell |
| VWAP | 33 | Sell |
| ADL | 0 | Sell |
| ROC | -12 | Sell |
| Force Index | 0 | Sell |
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 SELL signal for Indbank Merchant in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
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 BUY signal in short term but buying 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 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 32.98 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 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
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Daily charts
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