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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 2024-12-04 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 15250875

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	58.92	57.30	59.25	57.07	4.012 times
03 Tue Dec 2024	57.07	56.87	57.82	56.72	1.268 times
02 Mon Dec 2024	56.96	56.58	57.25	55.77	0.66 times
29 Fri Nov 2024	57.03	57.00	57.55	55.69	1.139 times
28 Thu Nov 2024	56.80	55.87	57.30	55.55	1.485 times
27 Wed Nov 2024	55.82	56.00	56.45	55.01	0.903 times
26 Tue Nov 2024	55.17	54.51	55.50	54.20	0.69 times
25 Mon Nov 2024	54.28	55.00	55.65	54.05	1.643 times
22 Fri Nov 2024	52.94	51.50	53.10	51.40	0.758 times
21 Thu Nov 2024	51.26	52.25	52.39	50.45	0.723 times

Stock of Bank Maharashtra (MAHABANK) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 59.7, for a target of 56.8 or 54.39

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	47.37
Downside Target	49.61
Downside Target	53.00
Downside Target	55.77
Downside Target	57.10
Downside Target	57.55
Upside Target	59.25
Upside Target	59.71
Upside Target	60.61
Upside Target	63.45
Upside Target	67.50

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	56.71
Downside Intraday Target	54.5
Upside Intraday Target	60.19
Upside Intraday Target	61.46
Downside Intraday Target	57.98

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	58.92	56.58	59.25	55.77	1.014 times
29 Fri Nov 2024	57.03	55.00	57.55	54.05	1.785 times
22 Fri Nov 2024	52.94	50.50	53.25	49.61	1.343 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

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
04 Wed Dec 2024	58.92	56.58	59.25	55.77	0.349 times
29 Fri Nov 2024	57.03	55.25	57.55	49.61	0.694 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

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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bank Maharashtra in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 56.51 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 positive

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