(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 2024-04-04 View latest technical analysis
10 day averaged volume of Indbank Merchant is 195882
Date | Daily Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 50.55 | 50.00 | 51.25 | 49.50 | 1.852 times |
03 Wed Apr 2024 | 49.15 | 45.70 | 50.00 | 44.80 | 2.603 times |
02 Tue Apr 2024 | 45.65 | 44.35 | 46.90 | 44.35 | 1.141 times |
01 Mon Apr 2024 | 44.35 | 43.20 | 45.30 | 43.20 | 0.991 times |
28 Thu Mar 2024 | 43.15 | 42.60 | 44.65 | 42.55 | 1.258 times |
27 Wed Mar 2024 | 42.50 | 42.55 | 43.95 | 42.15 | 0.571 times |
26 Tue Mar 2024 | 42.85 | 43.40 | 44.20 | 42.60 | 0.674 times |
22 Fri Mar 2024 | 43.40 | 43.00 | 44.20 | 42.55 | 0.521 times |
21 Thu Mar 2024 | 42.80 | 41.10 | 43.50 | 41.10 | 0.909 times |
20 Wed Mar 2024 | 40.20 | 41.60 | 42.60 | 39.95 | 0.763 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.1, but if it comes below 49.1, then a intra day sell could be more profitable.
If you take a sell trade below 49.1, then use 49.1 as stoploss and 45.17 as target. However if you take a buy trade in stock , then use 49.1 as stoploss and 53.8 as target.
Share price targets for Indbank Merchant (INDBANK)
Target Type | Value |
Downside Target | 36.65 |
Downside Target | 39.25 |
Downside Target | 42.05 |
Downside Target | 43.20 |
Downside Target | 44.50 |
Downside Target | 46.15 |
Downside Target | 49.75 |
Upside Target | 51.25 |
Upside Target | 54.65 |
Upside Target | 56.40 |
Upside Target | 60.65 |
Intraday share price targets for Indbank Merchant (INDBANK)
Target Type | Value |
Downside Intraday Target | 45.42 |
Downside Intraday Target | 40.28 |
Upside Intraday Target | 53.47 |
Upside Intraday Target | 56.38 |
Downside Intraday Target | 48.33 |
Weekly technical analysis of Indbank Merchant (INDBANK)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 50.55 | 43.20 | 51.25 | 43.20 | 2.633 times |
28 Thu Mar 2024 | 43.15 | 43.40 | 44.65 | 42.15 | 0.752 times |
22 Fri Mar 2024 | 43.40 | 43.45 | 44.50 | 39.95 | 0.328 times |
15 Fri Mar 2024 | 43.95 | 49.30 | 49.75 | 39.25 | 0.222 times |
07 Thu Mar 2024 | 49.20 | 48.75 | 56.40 | 46.80 | 7.838 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 |
04 Thu Apr 2024 | 50.55 | 43.20 | 51.25 | 43.20 | 0.106 times |
28 Thu Mar 2024 | 43.15 | 48.25 | 56.40 | 39.25 | 0.709 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 |
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 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 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 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 BUY signal for Indbank Merchant in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Indbank Merchant 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Indbank Merchant in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 Indbank Merchant is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 45.84 and Indbank Merchant (INDBANK) 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 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 negative.
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 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 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 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 BUY signal for Indbank Merchant in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Indbank Merchant 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Indbank Merchant in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 Indbank Merchant is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 45.84 and Indbank Merchant (INDBANK) 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 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 negative.
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
Click here for further forecast and predictions for tomorrow
Daily charts
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