logo munafa.org

NEWS Gainers Losers
 Learn then Earn

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.

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)

Target Type Value
Downside Target 11.80
Downside Target 12.50
Downside Target 13.00
Downside Target 14.90
Downside Target 16.00
Downside Target 16.50
Downside Target 18.95
Downside Target 20.30
Downside Target 21.55
Downside Target 22.75
Downside Target 23.55
Downside Target 24.75
Downside Target 31.10
Upside Target 35.90
Upside Target 37.40

Intraday share price targets for Indbank Merchant (INDBANK)

Target Type Value
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
MACD 7, 6Buy
Stochastics 68None
CCI 25Sell
RSI 65Buy
OBV 14282446Sell
VWAP 32Buy
ADL 0Sell
ROC 48Buy
Force Index 0Sell

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.

Click here for Indbank Merchant charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
 Learn then Earn
Back to top | Use Dark Theme