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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 2024-12-12 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 22422411

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	55.87	56.30	56.49	55.57	0.389 times
11 Wed Dec 2024	56.42	57.08	57.49	56.30	0.424 times
10 Tue Dec 2024	56.82	57.50	57.86	56.70	0.64 times
09 Mon Dec 2024	57.29	58.14	58.56	57.11	0.585 times
06 Fri Dec 2024	57.84	58.60	59.39	57.13	1.469 times
05 Thu Dec 2024	58.33	59.30	59.85	58.02	1.057 times
04 Wed Dec 2024	58.92	57.30	59.25	57.07	2.729 times
03 Tue Dec 2024	57.07	56.87	57.82	56.72	0.863 times
02 Mon Dec 2024	56.96	56.58	57.25	55.77	0.449 times
29 Fri Nov 2024	57.03	57.00	57.55	55.69	0.775 times

My analysis of stock is bullish for shortterm, and stock might move up till 57.8 or till 61. Use a stoploss of 55.19 and if this stock hits its stoploss, then it can fall down till 52.54

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	47.37
Downside Target	49.61
Downside Target	53.25
Downside Target	55.57
Upside Target	57.40
Upside Target	58.56
Upside Target	59.71
Upside Target	59.85
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	54.77
Downside Intraday Target	53.68
Upside Intraday Target	57.76
Upside Intraday Target	59.66
Upside Intraday Target	56.67

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	55.87	58.14	58.56	55.57	0.311 times
06 Fri Dec 2024	57.84	56.58	59.85	55.77	1.647 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

Price has moved down 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
12 Thu Dec 2024	55.87	56.58	59.85	55.57	0.743 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 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 neutral. A longer time frame might give a better analysis.

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 Weak and stock is losing momentum.

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

Bank Maharashtra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 57.78 and Bank Maharashtra (MAHABANK) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.