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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 2025-01-16 View latest technical analysis

10 day averaged volume of Indbank Merchant is 90918

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	42.03	42.76	42.76	41.65	1.522 times
15 Wed Jan 2025	41.71	43.70	43.97	40.99	2.184 times
14 Tue Jan 2025	43.08	38.05	45.10	38.05	1.996 times
13 Mon Jan 2025	38.32	42.00	42.00	37.51	1.505 times
10 Fri Jan 2025	42.12	42.75	43.00	42.01	0.494 times
09 Thu Jan 2025	43.22	43.50	44.44	43.00	0.278 times
08 Wed Jan 2025	43.50	43.89	44.73	43.22	0.475 times
07 Tue Jan 2025	43.80	44.23	44.75	43.16	0.83 times
06 Mon Jan 2025	44.23	47.00	47.00	44.01	1.118 times
03 Fri Jan 2025	46.81	47.00	47.85	46.71	0.646 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.4, but if it comes above 42.4, then a intra day buy could be more profitable.
If you take a sell trade below 42.4, then use 42.4 as stoploss and 39.2 as target. However if you take a buy trade in stock , then use 42.4 as stoploss and 45.01 as target.

Share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Target	37.51
Downside Target	41.10
Downside Target	42.01
Upside Target	43.00
Upside Target	45.10
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	37.99
Downside Intraday Target	33.96
Upside Intraday Target	45.58
Upside Intraday Target	49.14
Downside Intraday Target	41.55

Weekly technical analysis of Indbank Merchant (INDBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	42.03	42.00	45.10	37.51	2.256 times
10 Fri Jan 2025	42.12	47.00	47.00	42.01	1.106 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

Price has moved down 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
16 Thu Jan 2025	42.03	46.49	48.05	37.51	0.251 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 SELL signal for Indbank Merchant in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 42.38 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.