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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.

10 day averaged volume of Indbank Merchant is 55214

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	38.72	38.20	39.25	38.20	0.516 times
06 Thu Feb 2025	38.77	39.48	39.48	38.55	0.349 times
05 Wed Feb 2025	38.92	38.52	39.40	38.52	0.889 times
04 Tue Feb 2025	38.52	38.80	38.80	38.20	0.443 times
03 Mon Feb 2025	38.14	38.52	39.39	37.80	0.681 times
31 Fri Jan 2025	38.59	39.49	39.49	38.00	1.442 times
30 Thu Jan 2025	39.15	38.39	39.35	38.21	0.675 times
29 Wed Jan 2025	38.32	37.81	40.64	37.81	2.084 times
28 Tue Jan 2025	37.80	37.85	38.84	37.50	0.898 times
27 Mon Jan 2025	37.93	39.50	39.50	37.75	1.819 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 38.1 as stoploss in an intra day buy trade for a target of 39.84. However, stock will show a bearish move below 38.1.

Share price targets for Indbank Merchant (INDBANK)

Target Type	Value
Downside Target	37.50
Upside Target	39.00
Upside Target	40.64
Upside Target	42.01
Upside Target	43.00
Upside Target	43.64
Upside Target	45.10
Upside Target	46.50
Upside Target	47.00
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	37.85
Downside Intraday Target	36.99
Upside Intraday Target	39.53
Upside Intraday Target	40.35
Downside Intraday Target	38.67

Weekly technical analysis of Indbank Merchant (INDBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
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
10 Fri Jan 2025	42.12	47.00	47.00	42.01	1.106 times

Price has moved up 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
07 Fri Feb 2025	38.72	38.52	39.48	37.80	0.082 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 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 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 Weak and stock is gaining 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 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 coming down

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

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

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 38.38 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.