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 2024-03-14 View latest technical analysis

10 day averaged volume of Indian Bank is 2251988

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	491.60	500.30	512.90	490.00	1.085 times
13 Wed Mar 2024	501.20	521.80	523.45	494.10	1.539 times
12 Tue Mar 2024	516.85	548.00	549.95	507.10	1.753 times
11 Mon Mar 2024	548.00	551.65	562.85	540.60	0.984 times
07 Thu Mar 2024	545.45	539.20	548.90	538.00	0.706 times
06 Wed Mar 2024	538.65	532.25	550.00	517.05	1.741 times
05 Tue Mar 2024	530.25	526.30	535.40	521.90	1.196 times
04 Mon Mar 2024	526.15	532.00	533.95	520.55	0.714 times
02 Sat Mar 2024	529.00	530.00	530.50	526.00	0.041 times
01 Fri Mar 2024	526.15	526.40	531.80	519.45	0.68 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 498, for a target of 514.3 or 527.82

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
Upside 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	466.78
Downside Intraday Target	441.97
Upside Intraday Target	539.63
Upside Intraday Target	587.67
Upside Intraday Target	514.82

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	491.60	551.65	562.85	490.00	1.231 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
14 Thu Mar 2024	491.60	526.40	562.85	490.00	0.391 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 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 Indian Bank ( (INDIANB) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Indian Bank ( (INDIANB) ) 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 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 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.

Indian Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Indian Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 523.25 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.