Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(INDIANB) Indian Bank complete technical analysis [charts+indicators] | Buy/Sell Indian Bank | (INDIANB) share price targets

Complete technical analysis of Indian Bank (INDIANB) by charts plus indicators, forecast predictions and share price targets for Indian Bank (INDIANB)

Indian Bank trades in NSE in Banks sector.

Showing technical analysis as on 2024-04-03 View latest technical analysis

10 day averaged volume of Indian Bank is 2114540

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	528.80	530.65	535.15	527.15	0.822 times
02 Tue Apr 2024	533.70	534.70	536.70	528.80	0.728 times
01 Mon Apr 2024	529.40	521.00	542.60	521.00	0.727 times
28 Thu Mar 2024	520.70	505.00	531.25	504.95	1.644 times
27 Wed Mar 2024	499.80	512.00	520.50	497.25	1.165 times
26 Tue Mar 2024	511.45	490.25	514.60	489.90	1.294 times
22 Fri Mar 2024	489.45	492.00	495.00	484.40	1.073 times
21 Thu Mar 2024	492.35	476.50	496.40	474.50	1.113 times
20 Wed Mar 2024	469.70	488.00	495.85	467.30	1.097 times
19 Tue Mar 2024	485.75	496.90	499.90	478.15	0.618 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 534.6 as stoploss in an intra day sell trade for a target of 513.27. However, stock will show a bullish move above 534.6.

Share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Target	391.00
Downside Target	408.60
Downside Target	458.00
Downside Target	467.30
Downside Target	483.10
Downside Target	507.00
Upside Target	531.25
Upside Target	542.60
Upside Target	550.00
Upside Target	562.85
Upside Target	573.75

Intraday share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Intraday Target	519
Downside Intraday Target	509.2
Upside Intraday Target	540.6
Upside Intraday Target	552.4
Upside Intraday Target	530.8

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	528.80	521.00	542.60	521.00	0.555 times
28 Thu Mar 2024	520.70	490.25	531.25	489.90	0.924 times
22 Fri Mar 2024	489.45	510.60	510.60	467.30	0.473 times
15 Fri Mar 2024	509.30	551.65	562.85	488.30	2.024 times
07 Thu Mar 2024	545.45	532.00	550.00	517.05	1.193 times

Price has moved up 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 Indian Bank (INDIANB)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	528.80	521.00	542.60	521.00	0.098 times
28 Thu Mar 2024	520.70	526.40	562.85	467.30	0.822 times
29 Thu Feb 2024	525.15	498.85	573.75	483.10	0.847 times
31 Wed Jan 2024	498.85	422.00	507.00	408.60	0.822 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 Indian Bank (INDIANB)

Price action analysis of Indian Bank ( (INDIANB) ) 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 Indian Bank ( (INDIANB) ) based on a short to mid 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 Indian Bank ( (INDIANB) ) 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 Indian Bank stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Indian Bank 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.

Indian Bank 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 Indian Bank in short term but SELL signal is weak.

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Indian Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 505.48 and Indian Bank (INDIANB) 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 Indian Bank (INDIANB) stock. Volume based technical analysis of Indian Bank (INDIANB) stock is negative.

Indian Bank 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.