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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 2024-12-17 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 20613346

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	54.99	56.10	56.25	54.70	0.504 times
16 Mon Dec 2024	56.25	55.65	56.58	55.65	0.448 times
13 Fri Dec 2024	55.58	55.64	55.90	54.18	0.68 times
12 Thu Dec 2024	55.87	56.30	56.49	55.57	0.423 times
11 Wed Dec 2024	56.42	57.08	57.49	56.30	0.462 times
10 Tue Dec 2024	56.82	57.50	57.86	56.70	0.696 times
09 Mon Dec 2024	57.29	58.14	58.56	57.11	0.636 times
06 Fri Dec 2024	57.84	58.60	59.39	57.13	1.598 times
05 Thu Dec 2024	58.33	59.30	59.85	58.02	1.149 times
04 Wed Dec 2024	58.92	57.30	59.25	57.07	2.968 times

My analysis of stock is bearish for shortterm, and stock might move down till 54 or till 51.7. Use a stoploss of 55.9 and if the stock hits stoploss, then it can shoot up till 57.81

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	47.37
Downside Target	49.61
Downside Target	53.25
Upside Target	57.55
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	54.27
Downside Intraday Target	53.54
Upside Intraday Target	56.15
Upside Intraday Target	57.3
Upside Intraday Target	55.42

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	54.99	55.65	56.58	54.70	0.329 times
13 Fri Dec 2024	55.58	58.14	58.56	54.18	0.406 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

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
17 Tue Dec 2024	54.99	56.58	59.85	54.18	0.873 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Bank Maharashtra in short term but the sell signal is initial and weak.

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 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 but buying 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 57.58 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.