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

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

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

Bank Maharashtra trades in NSE in Banks sector.

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 21485427

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	64.40	62.00	64.70	62.00	1.202 times
19 Fri Apr 2024	61.60	59.85	62.15	59.20	0.9 times
18 Thu Apr 2024	61.35	62.60	63.45	61.00	0.725 times
16 Tue Apr 2024	62.25	61.00	62.90	60.65	0.773 times
15 Mon Apr 2024	61.65	61.40	62.65	59.35	1.407 times
12 Fri Apr 2024	63.60	64.30	65.35	63.35	0.879 times
10 Wed Apr 2024	64.80	64.65	65.20	63.75	0.794 times
09 Tue Apr 2024	64.45	64.80	65.55	63.75	0.864 times
08 Mon Apr 2024	64.50	66.05	66.25	64.05	0.835 times
05 Fri Apr 2024	65.70	65.40	66.80	64.95	1.356 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 65.3 as stoploss in an intra day sell trade for a target of 62.76. However, stock will show a bullish move above 65.3.

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	43.05
Downside Target	45.10
Downside Target	48.80
Downside Target	52.80
Downside Target	54.05
Downside Target	56.10
Downside Target	58.55
Downside Target	62.00
Upside Target	64.45
Upside Target	64.70
Upside Target	66.25
Upside Target	67.65
Upside Target	69.45

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	62.7
Downside Intraday Target	61
Upside Intraday Target	65.4
Upside Intraday Target	66.4
Downside Intraday Target	63.7

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	64.40	62.00	64.70	62.00	0.316 times
19 Fri Apr 2024	61.60	61.40	63.45	59.20	1.129 times
12 Fri Apr 2024	63.60	66.05	66.25	63.35	0.387 times
05 Fri Apr 2024	65.70	62.95	67.65	62.85	2.039 times
28 Thu Mar 2024	62.35	59.85	63.10	58.55	1.007 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 Bank Maharashtra (MAHABANK)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	64.40	62.95	67.65	59.20	0.598 times
28 Thu Mar 2024	62.35	60.00	64.45	52.80	0.456 times
29 Thu Feb 2024	59.70	55.80	69.45	54.05	1.211 times
31 Wed Jan 2024	55.25	45.25	56.10	45.10	1.903 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 Bank Maharashtra (MAHABANK)

Price action analysis of Bank Maharashtra ( (MAHABANK) ) 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 Bank Maharashtra ( (MAHABANK) ) 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 Bank Maharashtra ( (MAHABANK) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bank Maharashtra ( (MAHABANK) ) 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 Bank Maharashtra stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bank Maharashtra 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bank Maharashtra in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Bank Maharashtra is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.5 and Bank Maharashtra (MAHABANK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Bank Maharashtra (MAHABANK) stock. Volume based technical analysis of Bank Maharashtra (MAHABANK) stock is negative.

Bank Maharashtra 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.