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 2024-05-02 View latest technical analysis

10 day averaged volume of Indian Bank is 1742344

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	549.85	553.00	554.75	545.80	0.481 times
30 Tue Apr 2024	548.25	560.00	565.75	545.25	1.008 times
29 Mon Apr 2024	559.05	528.95	562.00	528.30	2.843 times
26 Fri Apr 2024	526.55	527.05	532.95	521.20	0.934 times
25 Thu Apr 2024	527.05	512.90	530.50	511.15	1.547 times
24 Wed Apr 2024	509.95	517.70	521.65	506.30	0.461 times
23 Tue Apr 2024	516.00	525.05	531.45	509.10	0.616 times
22 Mon Apr 2024	520.85	519.80	525.00	516.35	0.49 times
19 Fri Apr 2024	512.15	508.00	515.85	500.40	0.599 times
18 Thu Apr 2024	511.25	527.00	528.30	509.10	1.104 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 540.9, but if it comes below 540.9, then a intra day sell could be more profitable.
If you take a sell trade below 540.9, then use 540.9 as stoploss and 527.96 as target. However if you take a buy trade in stock , then use 540.9 as stoploss and 556.3 as target.

Share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Target	408.60
Downside Target	467.30
Downside Target	483.10
Downside Target	500.40
Downside Target	520.20
Downside Target	545.40
Downside Target	545.80
Upside Target	550.00
Upside Target	554.75
Upside Target	562.85
Upside Target	565.75
Upside Target	573.75

Intraday share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Intraday Target	530.18
Downside Intraday Target	510.52
Upside Intraday Target	567.63
Upside Intraday Target	585.42
Downside Intraday Target	547.97

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	549.85	528.95	565.75	528.30	1.07 times
26 Fri Apr 2024	526.55	519.80	532.95	506.30	1.404 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

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
02 Thu May 2024	549.85	553.00	554.75	545.80	0.024 times
30 Tue Apr 2024	548.25	521.00	565.75	500.40	0.695 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

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 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 BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green cloud Prices appear to be moving up

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 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 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 534.86 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.