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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 2025-01-22 View latest technical analysis

10 day averaged volume of Indbank Merchant is 91954

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	40.12	41.73	41.73	39.00	2.037 times
21 Tue Jan 2025	42.23	43.64	43.64	42.01	0.449 times
20 Mon Jan 2025	42.82	42.51	43.50	41.86	0.489 times
17 Fri Jan 2025	42.53	42.88	43.00	42.01	0.702 times
16 Thu Jan 2025	42.03	42.76	42.76	41.65	1.505 times
15 Wed Jan 2025	41.71	43.70	43.97	40.99	2.159 times
14 Tue Jan 2025	43.08	38.05	45.10	38.05	1.974 times
13 Mon Jan 2025	38.32	42.00	42.00	37.51	1.488 times
10 Fri Jan 2025	42.12	42.75	43.00	42.01	0.488 times
09 Thu Jan 2025	43.22	43.50	44.44	43.00	0.275 times

Stock of Indbank Merchant (INDBANK) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.4, but if it comes above 41.4, then a intra day buy could be more profitable.
If you take a sell trade below 41.4, then use 41.4 as stoploss and 38.5 as target. However if you take a buy trade in stock , then use 41.4 as stoploss and 43.8 as target.

Share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Target	37.51
Downside Target	39.00
Upside Target	41.10
Upside 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	52.00
Upside Target	53.00

Intraday share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Intraday Target	38.2
Downside Intraday Target	36.28
Upside Intraday Target	42.84
Upside Intraday Target	45.56
Upside Intraday Target	40.92

Weekly technical analysis of Indbank Merchant (INDBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	40.12	42.51	43.64	39.00	0.38 times
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

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
22 Wed Jan 2025	40.12	46.49	48.05	37.51	0.328 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining 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. Bulls are getting tired and bears are picking up momentum.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Indbank Merchant is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.44 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.