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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 2025-01-17 View latest technical analysis

10 day averaged volume of Indbank Merchant is 100445

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	42.53	42.88	43.00	42.01	0.643 times
16 Thu Jan 2025	42.03	42.76	42.76	41.65	1.378 times
15 Wed Jan 2025	41.71	43.70	43.97	40.99	1.977 times
14 Tue Jan 2025	43.08	38.05	45.10	38.05	1.807 times
13 Mon Jan 2025	38.32	42.00	42.00	37.51	1.362 times
10 Fri Jan 2025	42.12	42.75	43.00	42.01	0.447 times
09 Thu Jan 2025	43.22	43.50	44.44	43.00	0.252 times
08 Wed Jan 2025	43.50	43.89	44.73	43.22	0.43 times
07 Tue Jan 2025	43.80	44.23	44.75	43.16	0.751 times
06 Mon Jan 2025	44.23	47.00	47.00	44.01	1.012 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 42.2 as stoploss in an intra day buy trade for a target of 44.73. However, stock will show a bearish move below 42.2.

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	38.33
Downside Intraday Target	34.12
Upside Intraday Target	45.92
Upside Intraday Target	49.3
Downside Intraday Target	41.71

Weekly technical analysis of Indbank Merchant (INDBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	42.53	42.00	45.10	37.51	2.479 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 up 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
17 Fri Jan 2025	42.53	46.49	48.05	37.51	0.266 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 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 neutral. A longer time frame might give a better analysis.

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.

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 but BUY signal is weak.

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 42.14 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.