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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 2023-09-12 View latest technical analysis

10 day averaged volume of Indian Bank is 70448

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Sep 2023	384.55	399.00	401.20	380.35	1.039 times
11 Mon Sep 2023	397.35	396.80	398.95	388.65	1.462 times
08 Fri Sep 2023	389.00	392.10	394.70	387.60	0.845 times
07 Thu Sep 2023	391.55	389.45	394.15	387.00	0.85 times
06 Wed Sep 2023	388.50	390.35	393.50	385.40	0.537 times
05 Tue Sep 2023	391.55	383.90	393.75	383.90	0.707 times
04 Mon Sep 2023	383.25	377.15	386.00	377.15	1.75 times
01 Fri Sep 2023	377.15	377.55	381.05	376.90	0.536 times
31 Thu Aug 2023	379.15	384.50	385.00	374.50	1.336 times
30 Wed Aug 2023	380.55	393.10	397.90	379.40	0.892 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 383.5 as stoploss in an intra day buy trade for a target of 393.99. However, stock will show a bearish move below 383.5.

Share price targets for Indian Bank (IndianBank)

Target Type	Value
Downside Target	267.25
Downside Target	293.05
Downside Target	335.35
Downside Target	349.30
Downside Target	374.50
Upside Target	394.70
Upside Target	401.20
Upside Target	406.70
Upside Target	414.85
Upside Target	417.60

Intraday share price targets for Indian Bank (IndianBank)

Target Type	Value
Downside Intraday Target	376.2
Downside Intraday Target	367.85
Upside Intraday Target	397.05
Upside Intraday Target	409.55
Upside Intraday Target	388.7

Weekly technical analysis of Indian Bank (IndianBank)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Sep 2023	384.55	396.80	401.20	380.35	0.533 times
08 Fri Sep 2023	389.00	377.15	394.70	377.15	1.048 times
01 Fri Sep 2023	377.15	395.05	406.70	374.50	1.026 times
25 Fri Aug 2023	394.95	402.10	417.60	385.85	0.499 times
18 Fri Aug 2023	407.30	381.45	414.85	377.25	0.52 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 Indian Bank (IndianBank)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Sep 2023	384.55	377.55	401.20	376.90	0.212 times
31 Thu Aug 2023	379.15	347.50	417.60	335.50	1.064 times
31 Mon Jul 2023	346.25	293.05	349.30	293.05	2.017 times
30 Fri Jun 2023	292.60	267.25	293.50	267.25	0.513 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 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 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 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.

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

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

Indian Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 Indian Bank in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 386.41 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.