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 2024-07-05 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 12333008

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	63.77	63.57	64.20	63.40	0.851 times
04 Thu Jul 2024	63.58	64.09	64.23	63.50	0.912 times
03 Wed Jul 2024	63.84	63.99	64.24	63.75	0.519 times
02 Tue Jul 2024	63.61	64.32	64.65	63.26	0.658 times
01 Mon Jul 2024	64.32	64.90	65.28	64.20	0.903 times
28 Fri Jun 2024	64.81	64.99	66.40	64.51	1.216 times
27 Thu Jun 2024	65.08	64.60	65.30	63.82	0.941 times
26 Wed Jun 2024	64.66	65.10	65.81	64.45	1.17 times
25 Tue Jun 2024	64.98	66.18	66.30	64.70	0.854 times
24 Mon Jun 2024	66.01	65.00	66.20	64.50	1.39 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 64.2, but if it comes above 64.2, then a intra day buy could be more profitable.
If you take a sell trade below 64.2, then use 64.2 as stoploss and 62.9 as target. However if you take a buy trade in stock , then use 64.2 as stoploss and 65.33 as target.

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	52.80
Downside Target	59.00
Downside Target	61.35
Downside Target	63.26
Upside Target	65.50
Upside Target	66.40
Upside Target	67.45
Upside Target	68.38
Upside Target	71.50
Upside Target	72.55
Upside Target	73.50

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	62.93
Downside Intraday Target	62.08
Upside Intraday Target	64.95
Upside Intraday Target	66.12
Upside Intraday Target	64.1

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	63.77	64.90	65.28	63.26	0.69 times
28 Fri Jun 2024	64.81	65.00	66.40	63.82	0.863 times
21 Fri Jun 2024	65.17	66.70	67.45	64.25	0.966 times
14 Fri Jun 2024	66.33	66.95	68.38	65.50	0.347 times
07 Fri Jun 2024	66.65	73.00	73.50	59.00	1.557 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 Bank Maharashtra (MAHABANK)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	63.77	64.90	65.28	63.26	0.101 times
28 Fri Jun 2024	64.81	73.00	73.50	59.00	0.945 times
31 Fri May 2024	69.05	70.60	71.50	61.35	0.718 times
30 Tue Apr 2024	70.10	62.95	72.55	59.20	1.122 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 Bank Maharashtra (MAHABANK)

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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bank Maharashtra stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Bank Maharashtra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bank Maharashtra in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 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 64.61 and Bank Maharashtra (MAHABANK) 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 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 negative.

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