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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)

Showing technical analysis as on 2023-03-17 View latest technical analysis

10 day averaged volume of Indian Bank is 103370

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Mar 2023	272.50	262.50	277.75	258.10	1.118 times
16 Thu Mar 2023	261.20	263.95	267.10	256.50	0.913 times
15 Wed Mar 2023	263.55	265.95	266.00	260.25	1.366 times
14 Tue Mar 2023	258.70	276.80	285.55	254.30	2.205 times
13 Mon Mar 2023	282.25	283.30	289.05	280.25	0.597 times
10 Fri Mar 2023	288.05	282.50	291.90	277.30	0.898 times
09 Thu Mar 2023	285.85	291.00	291.00	284.50	0.341 times
08 Wed Mar 2023	291.25	285.55	292.30	283.65	0.598 times
06 Mon Mar 2023	286.90	293.95	296.15	285.35	0.693 times
03 Fri Mar 2023	291.95	275.00	293.35	275.00	1.498 times

My analysis of stock is bearish for shortterm, and stock might move down till 264.7 or till 250.8. Use a stoploss of 276.22 and if the stock hits stoploss, then it can shoot up till 287.75

Share price targets for Indian Bank (IndianBank)

Target Type	Value
Downside Target	240.90
Downside Target	253.35
Downside Target	265.50
Upside Target	276.75
Upside Target	289.05
Upside Target	291.55
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	254.85
Downside Intraday Target	237.2
Upside Intraday Target	289.6
Upside Intraday Target	306.7
Downside Intraday Target	271.95

Weekly technical analysis of Indian Bank (IndianBank)

Date	Weekly Closing Price	Open	High	Low	Volume
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
24 Fri Feb 2023	272.80	291.45	291.45	265.50	1.6 times
17 Fri Feb 2023	288.45	288.85	291.55	280.70	0.511 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
17 Fri Mar 2023	272.50	257.05	296.15	254.30	0.854 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)

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Indian Bank ( (IndianBank) ) 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 Indian Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Indian Bank 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.

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 below 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 BUY signal in short term and the buying is gaining 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 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 274.62 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.