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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 2024-12-04 View latest technical analysis

10 day averaged volume of Dhanlaxmi Bank is 362900

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	38.22	34.51	39.00	34.12	19.064 times
03 Tue Dec 2024	34.00	33.40	34.10	33.28	1.142 times
02 Mon Dec 2024	33.34	33.19	34.49	32.38	1.11 times
29 Fri Nov 2024	33.13	33.90	33.90	32.81	0.821 times
28 Thu Nov 2024	33.30	33.05	33.69	32.80	1.13 times
27 Wed Nov 2024	32.71	32.21	32.84	32.17	0.521 times
26 Tue Nov 2024	32.35	31.90	32.75	31.79	1.029 times
25 Mon Nov 2024	31.88	33.39	33.39	31.57	1.452 times
22 Fri Nov 2024	31.06	30.62	31.22	30.62	0.811 times
21 Thu Nov 2024	30.91	31.65	31.70	30.60	1.056 times

Stock of Dhanlaxmi Bank (DHANBANK) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 36.9, for a target of 34.8 or 33.02

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	30.45
Downside Target	32.29
Downside Target	35.76
Downside Target	35.78
Downside Target	36.52
Upside Target	38.30
Upside Target	38.69
Upside Target	39.00
Upside Target	39.92
Upside Target	45.94

Intraday share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Intraday Target	34.07
Downside Intraday Target	29.91
Upside Intraday Target	40.69
Upside Intraday Target	43.15
Downside Intraday Target	36.53

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	38.22	33.19	39.00	32.38	4.304 times
29 Fri Nov 2024	33.13	33.39	33.90	31.57	1.143 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	38.22	33.19	39.00	32.38	1.043 times
29 Fri Nov 2024	33.13	35.19	35.78	30.45	0.378 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

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 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 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 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 36.39 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 positive

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