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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 2024-03-22 View latest technical analysis

10 day averaged volume of Indian Bank is 102620

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	488.65	492.05	494.90	484.80	3.234 times
21 Thu Mar 2024	492.05	478.35	496.00	475.00	0.803 times
20 Wed Mar 2024	469.45	487.20	495.30	467.20	1.103 times
19 Tue Mar 2024	485.95	497.25	499.50	478.65	0.853 times
18 Mon Mar 2024	497.25	508.15	510.05	495.00	0.559 times
15 Fri Mar 2024	510.40	495.00	517.90	488.25	2.185 times
14 Thu Mar 2024	491.60	495.35	512.55	490.00	0.733 times
13 Wed Mar 2024	500.95	517.25	523.35	494.45	0.841 times
12 Tue Mar 2024	516.45	547.80	549.85	507.75	1.267 times
11 Mon Mar 2024	547.05	550.25	562.75	540.55	1.095 times

Stock of Indian Bank (IndianBank) has showed a significant fall. This could be a good time to exit from 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 493.9, but if it comes above 493.9, then a intra day buy could be more profitable.
If you take a sell trade below 493.9, then use 493.9 as stoploss and 468.2 as target. However if you take a buy trade in stock , then use 493.9 as stoploss and 515.34 as target.

Share price targets for Indian Bank (IndianBank)

Target Type	Value
Downside Target	391.25
Downside Target	408.95
Downside Target	457.50
Downside Target	483.30
Upside Target	506.70
Upside Target	521.50
Upside Target	540.95
Upside Target	549.90
Upside Target	551.50
Upside Target	562.75
Upside Target	573.45

Intraday share price targets for Indian Bank (IndianBank)

Target Type	Value
Downside Intraday Target	467.22
Downside Intraday Target	445.78
Upside Intraday Target	510.07
Upside Intraday Target	531.48
Downside Intraday Target	488.63

Weekly technical analysis of Indian Bank (IndianBank)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	488.65	508.15	510.05	467.20	1.07 times
15 Fri Mar 2024	510.40	550.25	562.75	488.25	1.348 times
07 Thu Mar 2024	545.75	528.40	549.90	517.10	1.141 times
02 Sat Mar 2024	528.15	520.00	540.95	510.15	0.996 times
23 Fri Feb 2024	525.10	527.60	551.50	521.50	0.605 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
22 Fri Mar 2024	488.65	525.15	562.75	467.20	0.668 times
29 Thu Feb 2024	524.80	491.65	573.45	483.30	0.568 times
31 Wed Jan 2024	498.75	422.50	506.70	408.95	1.357 times
29 Fri Dec 2023	420.80	399.00	457.50	393.55	2.828 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)

Price action analysis of Indian Bank ( (IndianBank) ) 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 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 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 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.

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 coming down

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

Stock of Indian Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 499.95 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.