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(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 2024-03-12 View latest technical analysis

10 day averaged volume of Indian Bank is 1940103

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	516.85	548.00	549.95	507.10	2.035 times
11 Mon Mar 2024	548.00	551.65	562.85	540.60	1.142 times
07 Thu Mar 2024	545.45	539.20	548.90	538.00	0.819 times
06 Wed Mar 2024	538.65	532.25	550.00	517.05	2.02 times
05 Tue Mar 2024	530.25	526.30	535.40	521.90	1.388 times
04 Mon Mar 2024	526.15	532.00	533.95	520.55	0.828 times
02 Sat Mar 2024	529.00	530.00	530.50	526.00	0.048 times
01 Fri Mar 2024	526.15	526.40	531.80	519.45	0.789 times
29 Thu Feb 2024	525.15	530.00	532.10	512.15	0.75 times
28 Wed Feb 2024	529.50	539.90	539.90	510.40	1.128 times

Stock of Indian Bank (INDIANB) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 522.1, but if it comes above 522.1, then a intra day buy could be more profitable.
If you take a sell trade below 522.1, then use 522.1 as stoploss and 511.7 as target. However if you take a buy trade in stock , then use 522.1 as stoploss and 530.75 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	562.85
Upside Target	573.75

Intraday share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Intraday Target	495.02
Downside Intraday Target	473.18
Upside Intraday Target	550.77
Upside Intraday Target	584.68
Upside Intraday Target	528.93

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	516.85	551.65	562.85	507.10	0.628 times
07 Thu Mar 2024	545.45	532.00	550.00	517.05	1.193 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

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 Indian Bank (INDIANB)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	516.85	526.40	562.85	507.10	0.293 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 down 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 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 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 to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Indian Bank in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 531.26 and Indian Bank (INDIANB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.