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(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 2024-07-12 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 13044711

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	65.08	63.67	65.97	63.52	1.672 times
11 Thu Jul 2024	63.44	63.90	64.40	63.15	0.774 times
10 Wed Jul 2024	63.73	65.00	65.38	63.05	1.04 times
09 Tue Jul 2024	64.78	63.22	66.85	63.05	2.737 times
08 Mon Jul 2024	63.20	63.81	64.00	63.05	0.667 times
05 Fri Jul 2024	63.77	63.57	64.20	63.40	0.804 times
04 Thu Jul 2024	63.58	64.09	64.23	63.50	0.862 times
03 Wed Jul 2024	63.84	63.99	64.24	63.75	0.491 times
02 Tue Jul 2024	63.61	64.32	64.65	63.26	0.622 times
01 Mon Jul 2024	64.32	64.90	65.28	64.20	0.854 times

My analysis of stock is bullish for shortterm, and stock might move up till 65.6 or till 66.8. Use a stoploss of 64.69 and if this stock hits its stoploss, then it can fall down till 63.74

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	52.80
Downside Target	59.00
Downside Target	61.35
Downside Target	63.05
Upside Target	66.40
Upside Target	66.85
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	63.14
Downside Intraday Target	61.19
Upside Intraday Target	66.94
Upside Intraday Target	68.79
Downside Intraday Target	64.99

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	65.08	63.81	66.85	63.05	1.896 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bank Maharashtra (MAHABANK)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	65.08	64.90	66.85	63.05	0.293 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 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 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 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 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 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 Bank Maharashtra stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bank Maharashtra in short term but the buy 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 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 and BUY 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

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 64.2 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 rising upwards.

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 is giving positive 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.