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

(INDIANB) Indian Bank complete technical analysis [charts+indicators] | Buy/Sell Indian Bank | (INDIANB) share price targets

Complete technical analysis of Indian Bank (INDIANB) by charts plus indicators, forecast predictions and share price targets for Indian Bank (INDIANB)

Indian Bank trades in NSE in Banks sector.

Showing technical analysis as on 2024-03-06 View latest technical analysis

10 day averaged volume of Indian Bank is 1583940

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	538.65	532.25	550.00	517.05	2.475 times
05 Tue Mar 2024	530.25	526.30	535.40	521.90	1.701 times
04 Mon Mar 2024	526.15	532.00	533.95	520.55	1.015 times
02 Sat Mar 2024	529.00	530.00	530.50	526.00	0.059 times
01 Fri Mar 2024	526.15	526.40	531.80	519.45	0.967 times
29 Thu Feb 2024	525.15	530.00	532.10	512.15	0.919 times
28 Wed Feb 2024	529.50	539.90	539.90	510.40	1.381 times
27 Tue Feb 2024	536.75	525.00	539.55	522.00	1.33 times
26 Mon Feb 2024	521.65	521.00	529.00	519.00	0.533 times
23 Fri Feb 2024	525.25	532.10	536.60	521.65	0.588 times

Stock of Indian Bank (INDIANB) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 538.2, but if it comes below 538.2, then a intra day sell could be more profitable.
If you take a sell trade below 538.2, then use 538.2 as stoploss and 526.52 as target. However if you take a buy trade in stock , then use 538.2 as stoploss and 552.1 as target.

Share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Target	390.90
Downside Target	408.60
Downside Target	458.00
Downside Target	483.10
Downside Target	507.00
Upside Target	539.90
Upside Target	543.60
Upside Target	550.00
Upside Target	552.00
Upside Target	573.75

Intraday share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Intraday Target	520.47
Downside Intraday Target	502.28
Upside Intraday Target	553.42
Upside Intraday Target	568.18
Downside Intraday Target	535.23

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	538.65	532.00	550.00	517.05	1 times
02 Sat Mar 2024	529.00	521.00	539.90	510.40	0.724 times
23 Fri Feb 2024	525.25	524.95	552.00	521.50	0.74 times
16 Fri Feb 2024	517.75	533.95	543.60	483.10	0.951 times
09 Fri Feb 2024	531.65	550.00	573.75	521.25	0.687 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 Indian Bank (INDIANB)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	538.65	526.40	550.00	517.05	0.164 times
29 Thu Feb 2024	525.15	498.85	573.75	483.10	0.847 times
31 Wed Jan 2024	498.85	422.00	507.00	408.60	0.822 times
29 Fri Dec 2023	420.90	398.60	458.00	391.00	2.603 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 Indian Bank (INDIANB)

Price action analysis of Indian Bank ( (INDIANB) ) 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 Indian Bank ( (INDIANB) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Indian Bank ( (INDIANB) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Indian Bank ( (INDIANB) ) 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 Indian Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Indian Bank in short term but the sell signal is initial and weak.

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

Indian Bank 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Indian Bank in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Indian Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 530.98 and Indian Bank (INDIANB) 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 Indian Bank (INDIANB) stock. Volume based technical analysis of Indian Bank (INDIANB) stock is negative.

Indian Bank 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.