Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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

(IndianBank) Indian Bank complete technical analysis [charts+indicators] | Buy/Sell Indian Bank | (IndianBank) share price targets

Complete technical analysis of Indian Bank (IndianBank) by charts plus indicators, forecast predictions and share price targets for Indian Bank (IndianBank)

Showing technical analysis as on 2022-05-13 View latest technical analysis

10 day averaged volume of Indian Bank is 116172

Date Daily Closing Price Open High Low Volume
13 Fri May 2022 145.65 140.50 149.75 140.50 2.362 times
12 Thu May 2022 137.60 142.00 142.75 137.20 2.819 times
11 Wed May 2022 143.80 150.05 151.00 141.00 1.001 times
10 Tue May 2022 148.55 151.80 153.95 147.50 0.699 times
09 Mon May 2022 150.30 153.90 156.35 148.25 0.519 times
06 Fri May 2022 152.95 148.25 154.10 146.40 1.036 times
05 Thu May 2022 150.90 155.00 158.65 149.95 0.65 times
04 Wed May 2022 154.30 159.05 163.30 150.55 1.469 times
02 Mon May 2022 160.95 151.65 161.50 151.65 0.679 times
29 Fri Apr 2022 163.45 159.25 164.65 159.25 0.813 times

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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 148.8, but if it comes above 148.8, then a intra day buy could be more profitable.
If you take a sell trade below 148.8, then use 148.8 as stoploss and 139 as target. However if you take a buy trade in stock , then use 148.8 as stoploss and 156.92 as target.

Share price targets for Indian Bank (IndianBank)

Target Type Value
Downside Target 130.15
Downside Target 137.20
Upside Target 146.40
Upside Target 153.55
Upside Target 163.30
Upside Target 164.10
Upside Target 164.65
Upside Target 167.85
Upside Target 174.20
Upside Target 175.40
Upside Target 178.70

Intraday share price targets for Indian Bank (IndianBank)

Target Type Value
Downside Intraday Target 136.45
Downside Intraday Target 127.25
Upside Intraday Target 155.6
Upside Intraday Target 165.55
Upside Intraday Target 146.4

Weekly technical analysis of Indian Bank (IndianBank)

Date Weekly Closing Price Open High Low Volume
13 Fri May 2022 145.65 153.90 156.35 137.20 1.93 times
06 Fri May 2022 152.95 151.65 163.30 146.40 1.026 times
29 Fri Apr 2022 163.45 161.00 164.65 158.70 1.198 times
22 Fri Apr 2022 161.70 165.00 167.85 158.40 0.726 times
13 Wed Apr 2022 167.30 169.60 174.20 164.10 0.364 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indian Bank (IndianBank)

Date Monthly Closing Price Open High Low Volume
13 Fri May 2022 145.65 151.65 163.30 137.20 0.472 times
29 Fri Apr 2022 163.45 154.90 175.40 153.55 0.936 times
31 Thu Mar 2022 153.80 140.55 157.50 131.45 0.439 times
28 Mon Feb 2022 143.25 159.00 178.70 130.15 1.501 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 Indian Bank (IndianBank)

Indicator Name Indicator Value Indicator Signal
ADX 17, 26, 20 Sell
MACD -5, -2Sell
Stochastics 15Sell
CCI -78Buy
RSI 46Sell
OBV -703255Sell
VWAP 148Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

Price action analysis of Indian Bank ( (IndianBank) ) 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 Indian Bank ( (IndianBank) ) 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 Indian Bank ( (IndianBank) ) based on a short to mid 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 Indian Bank ( (IndianBank) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Indian Bank stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Indian Bank in short term and the sell signal is strong.

Indian Bank 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 Indian Bank in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Indian Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 148.01 and Indian Bank (IndianBank) 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 Indian Bank (IndianBank) stock. Volume based technical analysis of Indian Bank (IndianBank) stock is negative.

Indian Bank 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.

Click here for Indian Bank charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme