Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Bank Maharashtra is 13235289

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	52.43	51.79	53.25	51.74	0.842 times
18 Mon Nov 2024	51.79	50.50	52.99	49.61	1.232 times
14 Thu Nov 2024	50.50	50.20	51.27	50.20	0.771 times
13 Wed Nov 2024	50.17	51.50	52.50	50.00	0.813 times
12 Tue Nov 2024	52.51	53.35	54.21	52.00	0.573 times
11 Mon Nov 2024	53.35	53.65	54.40	53.11	0.659 times
08 Fri Nov 2024	54.03	55.25	55.40	53.45	0.711 times
07 Thu Nov 2024	55.28	56.30	57.10	55.01	1.129 times
06 Wed Nov 2024	55.91	55.80	56.40	55.27	1.303 times
05 Tue Nov 2024	55.65	53.95	55.95	53.48	1.474 times

My analysis of stock is bearish for shortterm, and stock might move down till 50.3 or till 47.4. Use a stoploss of 52.6 and if the stock hits stoploss, then it can shoot up till 54.94

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	50.28
Downside Intraday Target	48.12
Upside Intraday Target	53.92
Upside Intraday Target	55.4
Downside Intraday Target	51.76

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	52.43	50.50	53.25	49.61	0.737 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
19 Tue Nov 2024	52.43	55.25	57.10	49.61	0.395 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 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 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 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 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 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 53.5 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.