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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 2025-04-23 View latest technical analysis

10 day averaged volume of Indbank Merchant is 59635

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Apr 2025	32.78	33.35	33.35	32.02	1.285 times
22 Tue Apr 2025	33.01	32.25	34.00	32.25	2.028 times
21 Mon Apr 2025	32.08	31.00	32.40	30.90	2.034 times
17 Thu Apr 2025	30.81	30.16	31.68	30.15	1.161 times
16 Wed Apr 2025	30.16	30.00	30.89	29.91	0.824 times
15 Tue Apr 2025	29.82	29.18	30.19	29.18	0.594 times
11 Fri Apr 2025	29.18	28.55	29.71	28.55	0.381 times
09 Wed Apr 2025	28.53	28.50	28.73	28.37	0.275 times
08 Tue Apr 2025	28.53	28.15	29.29	28.15	0.561 times
07 Mon Apr 2025	28.05	29.50	29.50	25.50	1.073 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 33.3, for a target of 31.5 or 30.04

Share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Target	25.50
Downside Target	28.00
Downside Target	29.18
Downside Target	30.90
Downside Target	31.68
Upside Target	32.85
Upside Target	34.00
Upside Target	37.50
Upside Target	39.48
Upside Target	43.00
Upside Target	48.05
Upside Target	53.00

Intraday share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Intraday Target	31.12
Downside Intraday Target	29.46
Upside Intraday Target	34.22
Upside Intraday Target	35.66
Downside Intraday Target	32.56

Weekly technical analysis of Indbank Merchant (INDBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Apr 2025	32.78	31.00	34.00	30.90	2.074 times
17 Thu Apr 2025	30.81	29.18	31.68	29.18	1.126 times
11 Fri Apr 2025	29.18	29.50	29.71	25.50	0.464 times
04 Fri Apr 2025	29.18	28.12	30.92	28.12	0.577 times
28 Fri Mar 2025	28.12	31.55	32.19	28.00	1.176 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
23 Wed Apr 2025	32.78	28.12	34.00	25.50	0.658 times
28 Fri Mar 2025	28.12	30.20	32.85	28.00	1.804 times
28 Fri Feb 2025	29.91	38.52	39.48	29.50	0.395 times
31 Fri Jan 2025	38.59	46.49	48.05	37.50	0.435 times

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Indbank Merchant ( (INDBANK) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Indbank Merchant in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indbank Merchant Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Indbank Merchant in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 31.1 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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