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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 2024-10-29 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 17462082

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	52.02	49.81	52.25	49.65	0.93 times
28 Mon Oct 2024	49.81	49.02	50.52	48.76	1.193 times
25 Fri Oct 2024	49.02	50.25	50.48	47.80	1.003 times
24 Thu Oct 2024	50.00	50.65	51.26	49.80	0.652 times
23 Wed Oct 2024	50.46	49.39	50.93	47.37	1.05 times
22 Tue Oct 2024	49.07	52.10	52.58	48.70	1.159 times
21 Mon Oct 2024	52.19	54.60	54.79	51.88	0.577 times
18 Fri Oct 2024	54.30	53.80	55.00	52.45	0.84 times
17 Thu Oct 2024	53.98	54.85	54.99	53.90	0.504 times
16 Wed Oct 2024	54.56	54.98	55.70	54.27	1.279 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 50.8 as stoploss in an intra day buy trade for a target of 53.79. However, stock will show a bearish move below 50.8.

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	47.37
Downside Target	48.76
Upside Target	52.25
Upside Target	53.80
Upside Target	57.40
Upside Target	58.87
Upside Target	60.61
Upside Target	61.08
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	49.77
Downside Intraday Target	47.52
Upside Intraday Target	53.26
Upside Intraday Target	54.5
Downside Intraday Target	51.01

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	52.02	49.02	52.25	48.76	0.478 times
25 Fri Oct 2024	49.02	54.60	54.79	47.37	0.901 times
18 Fri Oct 2024	54.30	54.35	55.70	52.45	1.024 times
11 Fri Oct 2024	54.24	58.51	58.87	53.80	1.988 times
04 Fri Oct 2024	57.65	60.00	61.08	57.41	0.468 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
29 Tue Oct 2024	52.02	59.99	60.61	47.37	1.545 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, and volume has increased substantially. This means that the move can 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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.

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 red color and prices are in or above 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 51.39 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 negative.

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