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(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)

10 day averaged volume of Indian Bank is 76735

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 288.10 290.65 292.95 286.35 0.883 times
29 Wed Mar 2023 290.70 278.00 293.00 275.65 0.937 times
28 Tue Mar 2023 279.85 262.25 282.40 262.25 2.002 times
27 Mon Mar 2023 271.05 268.95 273.60 263.50 0.571 times
24 Fri Mar 2023 269.50 276.95 277.35 268.00 0.762 times
23 Thu Mar 2023 277.10 274.15 280.00 269.20 0.584 times
22 Wed Mar 2023 274.20 272.65 278.80 272.30 0.657 times
21 Tue Mar 2023 272.70 267.00 275.00 267.00 0.979 times
20 Mon Mar 2023 266.65 272.45 273.10 265.00 0.773 times
17 Fri Mar 2023 272.50 262.50 277.75 258.10 1.505 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 287.5, but if it comes below 287.5, then a intra day sell could be more profitable.
If you take a sell trade below 287.5, then use 287.5 as stoploss and 277.32 as target. However if you take a buy trade in stock , then use 287.5 as stoploss and 299.8 as target.

Share price targets for Indian Bank (IndianBank)

Target Type Value
Downside Target 240.90
Downside Target 253.35
Downside Target 262.25
Downside Target 276.75
Upside Target 289.05
Upside Target 293.00
Upside Target 293.35
Upside Target 296.15
Upside Target 306.00
Upside Target 306.20
Upside Target 310.00

Intraday share price targets for Indian Bank (IndianBank)

Target Type Value
Downside Intraday Target 269.23
Downside Intraday Target 250.37
Upside Intraday Target 299.98
Upside Intraday Target 311.87
Downside Intraday Target 281.12

Weekly technical analysis of Indian Bank (IndianBank)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 288.10 268.95 293.00 262.25 1.17 times
24 Fri Mar 2023 269.50 272.45 280.00 265.00 0.45 times
17 Fri Mar 2023 272.50 283.30 289.05 254.30 2.451 times
10 Fri Mar 2023 288.05 293.95 296.15 277.30 0.435 times
03 Fri Mar 2023 291.95 268.45 293.35 253.35 2.376 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 Indian Bank (IndianBank)

Date Monthly Closing Price Open High Low Volume
31 Fri Mar 2023 288.10 257.05 296.15 254.30 1.289 times
28 Tue Feb 2023 257.05 308.65 310.00 253.35 0.741 times
31 Tue Jan 2023 304.80 287.90 306.20 276.75 0.417 times
30 Fri Dec 2022 284.75 267.25 306.00 255.45 1.879 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 Indian Bank (IndianBank)

Indicator Name Indicator Value Indicator Signal
ADX 24, 17, 17 Buy
MACD 0, -3Buy
Stochastics 90Buy
CCI 182Buy
RSI 50Buy
OBV 501174Sell
VWAP 277Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Indian Bank ( (IndianBank) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Indian Bank ( (IndianBank) ) 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 Indian Bank ( (IndianBank) ) based on a short to mid term time period is

Price action analysis of Indian Bank ( (IndianBank) ) based on a mid to longer term time period is

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

MACD generated a BUY signal for Indian Bank 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.

Indian Bank 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Indian Bank in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 276.84 and Indian Bank (IndianBank) 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 Indian Bank (IndianBank) stock. Volume based technical analysis of Indian Bank (IndianBank) stock is negative.

Indian Bank Stock is giving positive 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

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Daily chart

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