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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 2025-02-17 View latest technical analysis

10 day averaged volume of Indbank Merchant is 39382

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Feb 2025	32.56	34.21	34.59	32.20	1.659 times
14 Fri Feb 2025	34.21	36.98	36.98	34.00	1.752 times
13 Thu Feb 2025	36.27	36.32	37.10	35.75	0.939 times
12 Wed Feb 2025	36.32	36.50	36.94	35.20	1.026 times
11 Tue Feb 2025	36.98	37.90	37.90	36.75	0.886 times
10 Mon Feb 2025	37.63	38.55	39.00	37.50	1.361 times
07 Fri Feb 2025	38.72	38.20	39.25	38.20	0.724 times
06 Thu Feb 2025	38.77	39.48	39.48	38.55	0.49 times
05 Wed Feb 2025	38.92	38.52	39.40	38.52	1.246 times
04 Tue Feb 2025	38.52	38.80	38.80	38.20	0.622 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 33.6, for a target of 36 or 38.01

Share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Target	32.20
Upside Target	34.00
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	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	31.64
Downside Intraday Target	30.73
Upside Intraday Target	34.03
Upside Intraday Target	35.51
Upside Intraday Target	33.12

Weekly technical analysis of Indbank Merchant (INDBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Feb 2025	32.56	34.21	34.59	32.20	0.278 times
14 Fri Feb 2025	34.21	38.55	39.00	34.00	1.478 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

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
17 Mon Feb 2025	32.56	38.52	39.48	32.20	0.238 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 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 SELL signal in short term and selling is picking up 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 36.31 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.