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(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 2024-11-26 View latest technical analysis

10 day averaged volume of Indbank Merchant is 39025

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	43.11	42.65	43.99	42.50	0.743 times
25 Mon Nov 2024	42.63	42.70	43.68	42.30	1.726 times
22 Fri Nov 2024	41.81	42.30	42.31	41.45	0.98 times
21 Thu Nov 2024	42.22	42.01	42.98	41.50	0.989 times
19 Tue Nov 2024	42.71	42.60	43.59	41.10	0.406 times
18 Mon Nov 2024	42.25	41.68	43.00	41.61	0.586 times
14 Thu Nov 2024	41.68	42.00	42.33	41.38	0.693 times
13 Wed Nov 2024	41.61	44.09	44.09	41.31	1.619 times
12 Tue Nov 2024	44.10	44.25	44.58	43.77	0.53 times
11 Mon Nov 2024	44.25	44.62	44.88	43.36	0.862 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 42.4 as stoploss in an intra day buy trade for a target of 43.83. However, stock will show a bearish move below 42.4.

Share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Target	41.10
Downside Target	42.21
Upside Target	43.41
Upside Target	44.88
Upside Target	46.01
Upside Target	46.50
Upside Target	46.66
Upside Target	47.26
Upside Target	48.10
Upside Target	52.00
Upside Target	55.48
Upside Target	59.39

Intraday share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Intraday Target	42.28
Downside Intraday Target	41.44
Upside Intraday Target	43.97
Upside Intraday Target	44.82
Upside Intraday Target	43.13

Weekly technical analysis of Indbank Merchant (INDBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	43.11	42.70	43.99	42.30	0.834 times
22 Fri Nov 2024	41.81	41.68	43.59	41.10	0.8 times
14 Thu Nov 2024	41.68	44.62	44.88	41.31	0.396 times
08 Fri Nov 2024	44.33	45.58	46.50	43.41	0.801 times
01 Fri Nov 2024	45.58	43.65	46.22	42.21	1.021 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
26 Tue Nov 2024	43.11	45.85	46.50	41.10	0.378 times
31 Thu Oct 2024	45.15	46.27	48.10	41.12	0.613 times
30 Mon Sep 2024	46.27	48.61	52.00	46.01	0.798 times
30 Fri Aug 2024	48.61	54.80	55.48	46.66	0.333 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 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 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 Indbank Merchant stock for short term is BUY. Signal strength is Weak and stock is gaining 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 SELL signal in short term and selling is picking up 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 42.5 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.