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 2024-05-07 View latest technical analysis

10 day averaged volume of Indian Bank is 91168

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 516.85 540.80 547.95 510.55 2.398 times
06 Mon May 2024 533.05 545.00 550.95 527.20 1.578 times
03 Fri May 2024 543.55 549.85 553.70 531.60 0.626 times
02 Thu May 2024 549.70 552.30 554.60 546.00 0.678 times
30 Tue Apr 2024 548.40 560.95 565.15 545.25 1.003 times
29 Mon Apr 2024 558.45 527.30 562.00 527.30 2.686 times
26 Fri Apr 2024 526.60 529.60 533.00 521.65 0.446 times
25 Thu Apr 2024 526.80 513.00 530.00 512.00 1.324 times
24 Wed Apr 2024 509.95 516.85 521.65 507.50 0.583 times
23 Tue Apr 2024 516.50 524.75 531.05 509.30 0.533 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 514.7 as stoploss in an intra day buy trade for a target of 528.14. However, stock will show a bearish move below 514.7.

Share price targets for Indian Bank (IndianBank)

Target Type Value
Downside Target 408.95
Downside Target 467.20
Downside Target 483.30
Downside Target 496.10
Downside Target 506.70
Upside Target 545.05
Upside Target 550.95
Upside Target 554.60
Upside Target 562.75
Upside Target 565.15
Upside Target 573.45

Intraday share price targets for Indian Bank (IndianBank)

Target Type Value
Downside Intraday Target 501.28
Downside Intraday Target 485.72
Upside Intraday Target 541.68
Upside Intraday Target 566.52
Upside Intraday Target 526.12

Weekly technical analysis of Indian Bank (IndianBank)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 516.85 545.00 550.95 510.55 0.796 times
03 Fri May 2024 543.55 527.30 565.15 527.30 1.456 times
26 Fri Apr 2024 526.60 519.25 533.00 507.50 1.134 times
19 Fri Apr 2024 513.15 496.10 528.00 496.10 1.861 times
12 Fri Apr 2024 526.15 544.90 545.05 520.40 0.377 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
07 Tue May 2024 516.85 552.30 554.60 510.55 0.328 times
30 Tue Apr 2024 548.40 524.30 565.15 496.10 0.668 times
28 Thu Mar 2024 520.65 525.15 562.75 467.20 0.794 times
29 Thu Feb 2024 524.80 491.65 573.45 483.30 0.568 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Indian Bank ( (IndianBank) ) based on a short to mid 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Indian Bank stock for short term is SELL. Signal strength is Weak and stock is gaining 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. Bears are getting stronger in this stock.

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 and SELL signal is strong!

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 535.51 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.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Indian Bank ( (IndianBank) ) based on a short to mid 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Indian Bank stock for short term is SELL. Signal strength is Weak and stock is gaining 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. Bears are getting stronger in this stock.

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 and SELL signal is strong!

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 535.51 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.

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
Back to top | Use Dark Theme