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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 2024-12-02 View latest technical analysis

10 day averaged volume of Indbank Merchant is 36452

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	44.27	43.26	44.50	43.00	1.614 times
29 Fri Nov 2024	43.26	43.79	44.03	42.80	1.1 times
28 Thu Nov 2024	43.56	43.60	44.49	43.10	1.049 times
27 Wed Nov 2024	43.22	43.11	43.89	42.43	1.294 times
26 Tue Nov 2024	43.11	42.65	43.99	42.50	0.796 times
25 Mon Nov 2024	42.63	42.70	43.68	42.30	1.848 times
22 Fri Nov 2024	41.81	42.30	42.31	41.45	1.05 times
21 Thu Nov 2024	42.22	42.01	42.98	41.50	1.059 times
19 Tue Nov 2024	42.71	42.60	43.59	41.10	0.435 times
18 Mon Nov 2024	42.25	41.68	43.00	41.61	0.627 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 44.8 as stoploss in an intra day sell trade for a target of 43.54. However, stock will show a bullish move above 44.8.

Share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Target	41.10
Downside Target	42.30
Upside Target	44.49
Upside Target	44.88
Upside Target	46.01
Upside Target	46.50
Upside Target	46.66
Upside Target	48.10
Upside Target	52.00
Upside Target	55.48

Intraday share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Intraday Target	43.35
Downside Intraday Target	42.42
Upside Intraday Target	44.85
Upside Intraday Target	45.42
Downside Intraday Target	43.92

Weekly technical analysis of Indbank Merchant (INDBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	44.27	43.26	44.50	43.00	0.265 times
29 Fri Nov 2024	43.26	42.70	44.49	42.30	1.919 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

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
02 Mon Dec 2024	44.27	43.26	44.50	43.00	0.068 times
29 Fri Nov 2024	43.26	45.85	46.50	41.10	0.443 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

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 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 BUY signal for Indbank Merchant in short term but the buy signal is initial and weak.

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 SELL signal in short term but selling 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 42.99 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.