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(DHANBANK) Dhanlaxmi Bank complete technical analysis [charts+indicators] | Buy/Sell Dhanlaxmi Bank | (DHANBANK) share price targets

Complete technical analysis of Dhanlaxmi Bank (DHANBANK) by charts plus indicators, forecast predictions and share price targets for Dhanlaxmi Bank (DHANBANK)

Dhanlaxmi Bank trades in NSE in Banks sector.

Showing technical analysis as on 2024-10-21 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 1239985

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	36.72	38.00	38.25	36.22	0.645 times
18 Fri Oct 2024	37.80	37.00	38.30	35.71	1.096 times
17 Thu Oct 2024	37.03	36.40	38.25	36.10	2.623 times
16 Wed Oct 2024	35.98	35.60	36.20	35.52	0.226 times
15 Tue Oct 2024	35.74	36.00	36.30	35.52	0.447 times
14 Mon Oct 2024	35.88	35.95	36.93	35.52	0.713 times
11 Fri Oct 2024	35.60	36.20	36.35	35.15	0.555 times
10 Thu Oct 2024	36.33	36.45	36.79	36.11	0.764 times
09 Wed Oct 2024	36.32	35.20	38.00	35.20	1.767 times
08 Tue Oct 2024	35.17	34.60	35.27	34.48	0.697 times

My analysis of stock is bearish for shortterm, and stock might move down till 35.7 or till 34.4. Use a stoploss of 36.74 and if the stock hits stoploss, then it can shoot up till 37.82

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	34.10
Downside Target	35.52
Upside Target	38.30
Upside Target	38.69
Upside Target	39.27
Upside Target	39.81
Upside Target	39.92
Upside Target	45.94
Upside Target	46.20
Upside Target	46.30

Intraday share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Intraday Target	35.88
Downside Intraday Target	35.03
Upside Intraday Target	37.91
Upside Intraday Target	39.09
Upside Intraday Target	37.06

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	36.72	38.00	38.25	36.22	0.126 times
18 Fri Oct 2024	37.80	35.95	38.30	35.52	1.043 times
11 Fri Oct 2024	35.60	36.15	38.00	34.10	3.503 times
04 Fri Oct 2024	36.08	38.19	38.25	35.80	0.54 times
27 Fri Sep 2024	38.21	37.45	39.27	37.01	1.034 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 Dhanlaxmi Bank (DHANBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	36.72	37.76	38.30	34.10	1.01 times
30 Mon Sep 2024	37.76	39.39	39.92	36.52	0.363 times
30 Fri Aug 2024	38.81	44.90	45.94	38.69	0.975 times
31 Wed Jul 2024	44.55	41.93	46.20	39.81	1.576 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 Dhanlaxmi Bank (DHANBANK)

Price action analysis of Dhanlaxmi Bank ( (DHANBANK) ) 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 Dhanlaxmi Bank ( (DHANBANK) ) 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 Dhanlaxmi Bank ( (DHANBANK) ) 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 Dhanlaxmi Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Dhanlaxmi Bank in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Dhanlaxmi 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Dhanlaxmi Bank in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Dhanlaxmi 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 36.52 and Dhanlaxmi Bank (DHANBANK) 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 Dhanlaxmi Bank (DHANBANK) stock. Volume based technical analysis of Dhanlaxmi Bank (DHANBANK) stock is negative.

Dhanlaxmi 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.