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 2024-04-23 View latest technical analysis

10 day averaged volume of Indian Bank is 1281781

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	516.00	525.05	531.45	509.10	0.837 times
22 Mon Apr 2024	520.85	519.80	525.00	516.35	0.666 times
19 Fri Apr 2024	512.15	508.00	515.85	500.40	0.814 times
18 Thu Apr 2024	511.25	527.00	528.30	509.10	1.501 times
16 Tue Apr 2024	520.10	511.55	522.00	509.90	0.542 times
15 Mon Apr 2024	514.55	518.00	524.45	507.25	1.061 times
12 Fri Apr 2024	526.55	528.00	533.10	524.00	0.546 times
10 Wed Apr 2024	528.60	530.00	531.90	521.40	0.737 times
09 Tue Apr 2024	527.15	537.50	539.65	520.20	1.023 times
08 Mon Apr 2024	537.40	540.00	545.40	535.85	1.042 times

My analysis of stock is bearish for shortterm, and stock might move down till 506 or till 490.2. Use a stoploss of 519.09 and if the stock hits stoploss, then it can shoot up till 532.2

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	500.40
Upside Target	520.20
Upside Target	531.45
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	506.25
Downside Intraday Target	496.5
Upside Intraday Target	528.6
Upside Intraday Target	541.2
Upside Intraday Target	518.85

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	516.00	519.80	531.45	509.10	0.383 times
19 Fri Apr 2024	512.15	518.00	528.30	500.40	1.17 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

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
23 Tue Apr 2024	516.00	521.00	550.00	500.40	0.456 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Indian Bank ( (INDIANB) ) 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 Indian Bank ( (INDIANB) ) based on a mid to longer 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.

ADX buy sell signal for Indian Bank stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Indian Bank 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 weakening, and bulls 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 and SELL signal is strong!

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

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 520.84 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.