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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 2024-11-26 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 433431

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	32.35	31.90	32.75	31.79	0.862 times
25 Mon Nov 2024	31.88	33.39	33.39	31.57	1.215 times
22 Fri Nov 2024	31.06	30.62	31.22	30.62	0.679 times
21 Thu Nov 2024	30.91	31.65	31.70	30.60	0.884 times
19 Tue Nov 2024	31.55	31.62	32.29	31.22	0.777 times
18 Mon Nov 2024	31.00	31.60	31.95	30.45	1.287 times
14 Thu Nov 2024	31.76	31.10	31.95	31.10	0.82 times
13 Wed Nov 2024	31.09	32.00	32.49	31.00	1.325 times
12 Tue Nov 2024	32.65	33.17	33.69	32.50	1.013 times
11 Mon Nov 2024	33.17	33.29	33.71	33.10	0.618 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 31.6 as stoploss in an intra day buy trade for a target of 33.18. However, stock will show a bearish move below 31.6.

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	30.45
Downside Target	32.29
Upside Target	33.01
Upside Target	35.76
Upside Target	35.78
Upside Target	36.52
Upside Target	38.30
Upside Target	38.69
Upside Target	39.81
Upside Target	39.92
Upside Target	45.94
Upside Target	46.20

Intraday share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Intraday Target	31.48
Downside Intraday Target	30.62
Upside Intraday Target	33.3
Upside Intraday Target	34.26
Upside Intraday Target	32.44

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	32.35	33.39	33.39	31.57	0.573 times
22 Fri Nov 2024	31.06	31.60	32.29	30.45	0.961 times
14 Thu Nov 2024	31.76	33.29	33.71	31.00	0.724 times
08 Fri Nov 2024	33.63	35.45	35.76	33.51	0.955 times
01 Fri Nov 2024	35.47	33.56	35.78	33.49	0.661 times

Price has moved up 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
26 Tue Nov 2024	32.35	35.19	35.78	30.45	0.332 times
31 Thu Oct 2024	35.04	37.76	38.30	33.01	1.355 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 SELL. Signal strength is Weak and stock is losing 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 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 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 Dhanlaxmi Bank in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Dhanlaxmi 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 31.67 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 falling down

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 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.