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 2024-10-01 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 13766293

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	59.88	59.99	60.61	59.35	0.868 times
30 Mon Sep 2024	60.29	60.00	61.08	59.30	0.788 times
27 Fri Sep 2024	59.83	60.30	60.70	59.70	0.675 times
26 Thu Sep 2024	60.04	60.01	61.17	59.30	0.87 times
25 Wed Sep 2024	60.18	61.46	61.46	60.01	0.529 times
24 Tue Sep 2024	61.46	63.12	63.12	61.30	1.246 times
23 Mon Sep 2024	63.12	59.00	63.45	58.83	3.242 times
20 Fri Sep 2024	58.42	58.40	59.15	57.90	1.348 times
19 Thu Sep 2024	57.90	60.00	60.48	57.40	0.616 times
18 Wed Sep 2024	59.06	59.80	60.00	58.95	0.356 times

My analysis of stock is bearish for shortterm, and stock might move down till 58.8 or till 57.3. Use a stoploss of 60.03 and if the stock hits stoploss, then it can shoot up till 61.25

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	57.40
Upside Target	61.33
Upside Target	61.96
Upside Target	62.79
Upside Target	62.93
Upside Target	63.45
Upside Target	67.50
Upside Target	70.80
Upside Target	73.50

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	59.09
Downside Intraday Target	58.31
Upside Intraday Target	60.87
Upside Intraday Target	61.87
Upside Intraday Target	60.09

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	59.88	60.00	61.08	59.30	0.252 times
27 Fri Sep 2024	59.83	59.00	63.45	58.83	2.057 times
20 Fri Sep 2024	58.42	61.11	61.96	57.40	1.279 times
13 Fri Sep 2024	61.02	60.20	61.33	58.40	1.369 times
06 Fri Sep 2024	60.20	62.60	62.79	60.01	0.581 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
01 Tue Oct 2024	59.88	59.99	60.61	59.35	0.058 times
30 Mon Sep 2024	60.29	62.60	63.45	57.40	0.988 times
30 Fri Aug 2024	62.57	67.01	67.50	59.71	0.398 times
31 Wed Jul 2024	66.94	64.90	70.80	62.93	1.112 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bank Maharashtra ( (MAHABANK) ) 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 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 SELL. Signal strength is Weak 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bank Maharashtra 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 positive zone. This is a BUY zone

Stock of Bank Maharashtra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.79 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 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.