(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 1164445
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Fri Jul 2021||32.45||33.20||33.45||31.25||0.234 times|
|22 Thu Jul 2021||32.90||32.15||34.00||32.05||0.256 times|
|20 Tue Jul 2021||31.85||34.00||34.25||31.10||0.363 times|
|19 Mon Jul 2021||34.25||34.30||35.90||34.00||0.373 times|
|16 Fri Jul 2021||34.00||36.25||37.40||33.00||0.591 times|
|15 Thu Jul 2021||36.25||34.70||37.30||32.70||2.525 times|
|14 Wed Jul 2021||33.95||28.30||33.95||27.05||1.893 times|
|13 Tue Jul 2021||28.30||28.00||31.45||27.65||1.716 times|
|12 Mon Jul 2021||26.80||24.00||27.45||22.75||1.891 times|
|09 Fri Jul 2021||22.90||22.00||23.55||21.55||0.285 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.2, but if it comes below 32.2, then a intra day sell could be more profitable.
If you take a sell trade below 32.2, then use 32.2 as stoploss and 26.87 as target. However if you take a buy trade in stock , then use 32.2 as stoploss and 38.6 as target.
Share price targets for Indbank Merchant (INDBANK)
Intraday share price targets for Indbank Merchant (INDBANK)
|Downside Intraday Target||30.4|
|Downside Intraday Target||28.35|
|Upside Intraday Target||35.2|
|Upside Intraday Target||37.95|
|Upside Intraday Target||33.15|
Weekly technical analysis of Indbank Merchant (INDBANK)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Fri Jul 2021||32.45||34.30||35.90||31.10||0.142 times|
|16 Fri Jul 2021||34.00||24.00||37.40||22.75||10.136 times|
|09 Fri Jul 2021||22.90||23.00||23.55||21.55||0.112 times|
|02 Fri Jul 2021||22.75||20.70||24.75||20.30||2.478 times|
|25 Fri Jun 2021||20.25||19.55||23.70||18.95||0.719 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|
|23 Fri Jul 2021||32.45||22.85||37.40||21.55||0.584 times|
|30 Wed Jun 2021||22.70||15.90||24.75||14.90||4.125 times|
|31 Mon May 2021||15.85||13.20||16.70||13.00||1.278 times|
|30 Fri Apr 2021||13.20||13.15||16.50||12.50||1.566 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||32, 15, 38||Buy|
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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy 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 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 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 31.8 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.