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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 2025-01-08 View latest technical analysis

10 day averaged volume of Indbank Merchant is 57073

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	43.50	43.89	44.73	43.22	0.757 times
07 Tue Jan 2025	43.80	44.23	44.75	43.16	1.322 times
06 Mon Jan 2025	44.23	47.00	47.00	44.01	1.781 times
03 Fri Jan 2025	46.81	47.00	47.85	46.71	1.029 times
02 Thu Jan 2025	46.82	46.89	47.75	46.64	0.756 times
01 Wed Jan 2025	46.56	46.49	48.05	46.31	1.18 times
31 Tue Dec 2024	46.27	46.00	47.00	46.00	0.617 times
30 Mon Dec 2024	46.71	46.78	47.15	46.50	1.019 times
27 Fri Dec 2024	46.55	46.64	47.99	46.35	0.83 times
26 Thu Dec 2024	46.64	47.99	47.99	46.55	0.836 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 43.7, for a target of 45.4 or 46.8

Share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Target	41.10
Downside Target	43.00
Upside Target	46.00
Upside Target	48.05
Upside Target	48.10
Upside Target	48.50
Upside Target	50.55
Upside Target	52.00
Upside Target	53.00

Intraday share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Intraday Target	42.11
Downside Intraday Target	40.71
Upside Intraday Target	45.95
Upside Intraday Target	48.39
Upside Intraday Target	44.55

Weekly technical analysis of Indbank Merchant (INDBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	43.50	47.00	47.00	43.16	0.839 times
03 Fri Jan 2025	46.81	46.78	48.05	46.00	1.346 times
27 Fri Dec 2024	46.55	47.75	48.50	46.35	0.213 times
20 Fri Dec 2024	48.28	48.49	50.55	46.01	0.79 times
13 Fri Dec 2024	48.06	48.99	53.00	46.44	0.561 times

Price has moved down 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
08 Wed Jan 2025	43.50	46.49	48.05	43.16	0.088 times
31 Tue Dec 2024	46.27	43.26	53.00	43.00	5.15 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

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 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.

Indbank Merchant Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Indbank Merchant in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 45.61 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 has given negative 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.