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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 2024-11-21 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 12585303

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	51.26	52.25	52.39	50.45	0.877 times
19 Tue Nov 2024	52.43	51.79	53.25	51.74	0.886 times
18 Mon Nov 2024	51.79	50.50	52.99	49.61	1.296 times
14 Thu Nov 2024	50.50	50.20	51.27	50.20	0.81 times
13 Wed Nov 2024	50.17	51.50	52.50	50.00	0.855 times
12 Tue Nov 2024	52.51	53.35	54.21	52.00	0.603 times
11 Mon Nov 2024	53.35	53.65	54.40	53.11	0.694 times
08 Fri Nov 2024	54.03	55.25	55.40	53.45	0.748 times
07 Thu Nov 2024	55.28	56.30	57.10	55.01	1.187 times
06 Wed Nov 2024	55.91	55.80	56.40	55.27	1.371 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 50.5 as stoploss in an intra day buy trade for a target of 52.71. However, stock will show a bearish move below 50.5.

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	47.37
Downside Target	48.76
Upside Target	53.00
Upside Target	54.40
Upside Target	56.90
Upside Target	57.40
Upside Target	59.71
Upside Target	60.61
Upside Target	62.93
Upside Target	63.45
Upside Target	67.50
Upside Target	70.80

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	49.5
Downside Intraday Target	47.73
Upside Intraday Target	53.14
Upside Intraday Target	55.01
Upside Intraday Target	51.37

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	51.26	50.50	53.25	49.61	1.033 times
14 Thu Nov 2024	50.50	53.65	54.40	50.00	0.473 times
08 Fri Nov 2024	54.03	55.52	57.10	53.00	0.796 times
01 Fri Nov 2024	55.43	49.02	56.90	48.76	1.275 times
25 Fri Oct 2024	49.02	54.60	54.79	47.37	0.901 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
21 Thu Nov 2024	51.26	55.25	57.10	49.61	0.424 times
31 Thu Oct 2024	54.90	59.99	60.61	47.37	1.828 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

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 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 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 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 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 gaining 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 coming down

CCI has generated a SELL signal for Bank Maharashtra in short term and SELL signal is strong!

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

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 52.93 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.