Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-02-11 View latest technical analysis

10 day averaged volume of Indbank Merchant is 49403

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Feb 2025	36.98	37.90	37.90	36.75	0.707 times
10 Mon Feb 2025	37.63	38.55	39.00	37.50	1.085 times
07 Fri Feb 2025	38.72	38.20	39.25	38.20	0.577 times
06 Thu Feb 2025	38.77	39.48	39.48	38.55	0.39 times
05 Wed Feb 2025	38.92	38.52	39.40	38.52	0.993 times
04 Tue Feb 2025	38.52	38.80	38.80	38.20	0.496 times
03 Mon Feb 2025	38.14	38.52	39.39	37.80	0.761 times
31 Fri Jan 2025	38.59	39.49	39.49	38.00	1.611 times
30 Thu Jan 2025	39.15	38.39	39.35	38.21	0.754 times
29 Wed Jan 2025	38.32	37.81	40.64	37.81	2.329 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37.8, but if it comes above 37.8, then a intra day buy could be more profitable.
If you take a sell trade below 37.8, then use 37.8 as stoploss and 35.7 as target. However if you take a buy trade in stock , then use 37.8 as stoploss and 39.5 as target.

Share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Target	36.75
Upside Target	37.50
Upside Target	39.00
Upside Target	40.64
Upside Target	41.12
Upside Target	43.00
Upside Target	43.64
Upside Target	45.10
Upside Target	46.50
Upside Target	48.05
Upside Target	48.10
Upside Target	53.00

Intraday share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Intraday Target	36.15
Downside Intraday Target	35.33
Upside Intraday Target	38.4
Upside Intraday Target	39.83
Upside Intraday Target	37.58

Weekly technical analysis of Indbank Merchant (INDBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Feb 2025	36.98	38.55	39.00	36.75	0.557 times
07 Fri Feb 2025	38.72	38.52	39.48	37.80	0.416 times
31 Fri Jan 2025	38.59	39.50	40.64	37.50	1.045 times
24 Fri Jan 2025	39.35	42.51	43.64	39.00	0.508 times
17 Fri Jan 2025	42.53	42.00	45.10	37.51	2.479 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
11 Tue Feb 2025	36.98	38.52	39.48	36.75	0.128 times
31 Fri Jan 2025	38.59	46.49	48.05	37.50	0.435 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining 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 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 38.35 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.