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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.

10 day averaged volume of Dhanlaxmi Bank is 3859073

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	30.86	32.16	32.20	30.65	0.575 times
27 Fri Dec 2024	32.16	32.99	33.88	31.60	1.431 times
26 Thu Dec 2024	44.21	42.40	45.00	41.90	2.356 times
24 Tue Dec 2024	41.84	42.06	42.29	41.40	0.323 times
23 Mon Dec 2024	42.09	42.23	42.89	41.11	0.651 times
20 Fri Dec 2024	41.82	41.90	42.80	41.00	1.299 times
19 Thu Dec 2024	40.35	40.00	41.20	39.24	0.348 times
18 Wed Dec 2024	40.54	43.00	43.00	40.13	0.557 times
17 Tue Dec 2024	42.53	40.20	43.20	39.51	1.665 times
16 Mon Dec 2024	40.04	40.00	41.60	39.60	0.602 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 30.7, for a target of 34.9 or 38.41

Share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Target	30.45
Upside Target	31.60
Upside Target	35.78
Upside Target	36.50
Upside Target	38.30
Upside Target	39.35
Upside Target	39.92
Upside Target	40.00
Upside Target	43.20
Upside Target	45.00
Upside Target	45.94

Intraday share price targets for Dhanlaxmi Bank (DHANBANK)

Target Type	Value
Downside Intraday Target	30.27
Downside Intraday Target	29.69
Upside Intraday Target	31.82
Upside Intraday Target	32.79
Upside Intraday Target	31.24

Weekly technical analysis of Dhanlaxmi Bank (DHANBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	30.86	32.16	32.20	30.65	0.121 times
27 Fri Dec 2024	32.16	42.23	45.00	31.60	1.065 times
20 Fri Dec 2024	41.82	40.00	43.20	39.24	2.175 times
13 Fri Dec 2024	39.89	38.05	40.00	36.50	0.639 times
06 Fri Dec 2024	38.05	33.19	39.35	32.38	6.911 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
30 Mon Dec 2024	30.86	33.19	45.00	30.65	7.849 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 down this month, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

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 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 Dhanlaxmi Bank in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 40.25 and Dhanlaxmi Bank (DHANBANK) 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 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.