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(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 2024-04-18 View latest technical analysis

10 day averaged volume of Indian Bank is 1605738

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	511.25	527.00	528.30	509.10	1.198 times
16 Tue Apr 2024	520.10	511.55	522.00	509.90	0.433 times
15 Mon Apr 2024	514.55	518.00	524.45	507.25	0.847 times
12 Fri Apr 2024	526.55	528.00	533.10	524.00	0.436 times
10 Wed Apr 2024	528.60	530.00	531.90	521.40	0.589 times
09 Tue Apr 2024	527.15	537.50	539.65	520.20	0.816 times
08 Mon Apr 2024	537.40	540.00	545.40	535.85	0.832 times
05 Fri Apr 2024	534.95	529.60	539.55	520.50	1.65 times
04 Thu Apr 2024	526.50	536.90	550.00	523.85	2.356 times
03 Wed Apr 2024	528.80	530.65	535.15	527.15	1.083 times

My analysis of stock is bearish for shortterm, and stock might move down till 495.6 or till 473.2. Use a stoploss of 514.25 and if the stock hits stoploss, then it can shoot up till 532.89

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	528.30
Upside Target	531.25
Upside Target	545.40
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	502.9
Downside Intraday Target	494.55
Upside Intraday Target	523.95
Upside Intraday Target	536.65
Upside Intraday Target	515.6

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	511.25	518.00	528.30	507.25	0.927 times
12 Fri Apr 2024	526.55	540.00	545.40	520.20	0.382 times
05 Fri Apr 2024	534.95	521.00	550.00	520.50	1.296 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

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 Indian Bank (INDIANB)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	511.25	521.00	550.00	507.25	0.395 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 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 Indian Bank (INDIANB)

Price action analysis of Indian Bank ( (INDIANB) ) 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 Indian Bank ( (INDIANB) ) 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Indian Bank in short term but the sell signal is initial and weak.

Indian Bank 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 Indian Bank 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 526.12 and Indian Bank (INDIANB) 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 Indian Bank (INDIANB) stock. Volume based technical analysis of Indian Bank (INDIANB) stock is negative.

Indian Bank 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.