(INDBANK) Indbank Merchant complete technical analysis [charts+indicators] | Buy/Sell Indbank Merchant | (INDBANK) share price targets
Complete technical analysis of Indbank Merchant (INDBANK) by charts plus indicators, forecast predictions and share price targets for Indbank Merchant (INDBANK)
Indbank Merchant trades in NSE in Other Financial Services sector.
Showing technical analysis as on 2024-03-06 View latest technical analysis
10 day averaged volume of Indbank Merchant is 779970
Date | Daily Closing Price | Open | High | Low | Volume |
06 Wed Mar 2024 | 50.00 | 54.50 | 54.90 | 49.50 | 2.77 times |
05 Tue Mar 2024 | 56.30 | 47.35 | 56.40 | 47.00 | 7.925 times |
04 Mon Mar 2024 | 47.00 | 48.75 | 48.95 | 46.80 | 0.151 times |
02 Sat Mar 2024 | 48.05 | 48.10 | 49.50 | 46.80 | 0.042 times |
01 Fri Mar 2024 | 48.10 | 48.25 | 48.85 | 47.80 | 0.161 times |
29 Thu Feb 2024 | 47.60 | 48.35 | 48.35 | 46.15 | 0.202 times |
28 Wed Feb 2024 | 47.65 | 49.70 | 50.15 | 47.15 | 0.202 times |
27 Tue Feb 2024 | 49.70 | 51.55 | 51.75 | 49.45 | 0.191 times |
26 Mon Feb 2024 | 51.05 | 49.50 | 51.80 | 48.80 | 0.663 times |
23 Fri Feb 2024 | 49.15 | 49.80 | 50.70 | 49.00 | 0.226 times |
Stock of Indbank Merchant (INDBANK) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 47.8 or till 45. Use a stoploss of 50.11 and if the stock hits stoploss, then it can shoot up till 52.43
Share price targets for Indbank Merchant (INDBANK)
Target Type | Value |
Downside Target | 29.15 |
Downside Target | 36.65 |
Downside Target | 42.05 |
Downside Target | 46.15 |
Downside Target | 48.00 |
Downside Target | 49.85 |
Upside Target | 51.80 |
Upside Target | 53.10 |
Upside Target | 54.65 |
Upside Target | 54.90 |
Upside Target | 56.40 |
Upside Target | 60.65 |
Intraday share price targets for Indbank Merchant (INDBANK)
Target Type | Value |
Downside Intraday Target | 45.73 |
Downside Intraday Target | 41.47 |
Upside Intraday Target | 55.33 |
Upside Intraday Target | 60.67 |
Upside Intraday Target | 51.07 |
Weekly technical analysis of Indbank Merchant (INDBANK)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Wed Mar 2024 | 50.00 | 48.75 | 56.40 | 46.80 | 7.425 times |
02 Sat Mar 2024 | 48.05 | 49.50 | 51.80 | 46.15 | 1.169 times |
23 Fri Feb 2024 | 49.15 | 51.80 | 53.10 | 48.00 | 0.403 times |
16 Fri Feb 2024 | 51.45 | 54.85 | 54.90 | 47.00 | 0.23 times |
09 Fri Feb 2024 | 54.30 | 50.25 | 60.65 | 49.85 | 0.743 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 Indbank Merchant (INDBANK)
Date | Monthly Closing Price | Open | High | Low | Volume |
06 Wed Mar 2024 | 50.00 | 48.25 | 56.40 | 46.80 | 0.5 times |
29 Thu Feb 2024 | 47.60 | 49.45 | 60.65 | 46.15 | 0.693 times |
31 Wed Jan 2024 | 49.45 | 38.00 | 54.65 | 37.30 | 14.899 times |
29 Fri Dec 2023 | 38.00 | 41.45 | 42.05 | 36.65 | 0.062 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 Indbank Merchant (INDBANK)
Price action analysis of Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Indbank Merchant in short term but the sell signal is initial and weak.
Indbank Merchant 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. Bulls 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 Indbank Merchant in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Indbank Merchant is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 53.88 and Indbank Merchant (INDBANK) 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 Indbank Merchant (INDBANK) stock. Volume based technical analysis of Indbank Merchant (INDBANK) stock is negative.
Indbank Merchant 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.
Price action analysis of Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant ( (INDBANK) ) 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 Indbank Merchant stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Indbank Merchant in short term but the sell signal is initial and weak.
Indbank Merchant 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. Bulls 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 Indbank Merchant in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Indbank Merchant is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 53.88 and Indbank Merchant (INDBANK) 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 Indbank Merchant (INDBANK) stock. Volume based technical analysis of Indbank Merchant (INDBANK) stock is negative.
Indbank Merchant 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.
Click here for Indbank Merchant charts
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Daily charts
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