Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-19 View latest technical analysis

10 day averaged volume of Indbank Merchant is 238870

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	49.66	49.65	49.90	49.07	0.389 times
16 Fri Aug 2024	49.04	48.35	50.00	48.35	0.835 times
14 Wed Aug 2024	47.71	48.50	49.34	47.40	0.403 times
13 Tue Aug 2024	48.97	49.60	49.90	48.70	0.4 times
12 Mon Aug 2024	49.07	48.10	49.50	48.10	0.417 times
09 Fri Aug 2024	49.37	49.99	50.29	48.77	0.577 times
08 Thu Aug 2024	49.05	50.00	50.54	48.50	0.908 times
07 Wed Aug 2024	49.51	47.80	50.88	47.80	2.343 times
06 Tue Aug 2024	47.07	49.25	50.52	46.66	0.944 times
05 Mon Aug 2024	48.52	49.05	50.54	48.01	2.234 times

My analysis of stock is bearish for shortterm, and stock might move down till 48 or till 44.5. Use a stoploss of 51 and if the stock hits stoploss, then it can shoot up till 53.97

Share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Target	40.65
Downside Target	43.20
Downside Target	45.55
Downside Target	46.66
Downside Target	49.07
Upside Target	52.90
Upside Target	55.48
Upside Target	55.80
Upside Target	56.90
Upside Target	58.10
Upside Target	59.39

Intraday share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Intraday Target	49.19
Downside Intraday Target	48.71
Upside Intraday Target	50.02
Upside Intraday Target	50.37
Downside Intraday Target	49.54

Weekly technical analysis of Indbank Merchant (INDBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	49.66	49.65	49.90	49.07	0.189 times
16 Fri Aug 2024	49.04	48.10	50.00	47.40	0.293 times
09 Fri Aug 2024	49.37	49.05	50.88	46.66	0.625 times
02 Fri Aug 2024	52.10	56.50	59.39	51.20	0.421 times
26 Fri Jul 2024	56.48	49.40	58.10	47.26	4.35 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 Indbank Merchant (INDBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	49.66	54.80	55.48	46.66	0.251 times
31 Wed Jul 2024	54.48	51.70	59.39	47.26	1.083 times
28 Fri Jun 2024	51.28	49.95	56.90	40.65	2.972 times
31 Fri May 2024	47.60	52.70	52.90	45.55	0.373 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 Indbank Merchant (INDBANK)

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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Indbank Merchant in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. 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 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 48.82 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 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 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.