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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 2024-03-21 View latest technical analysis

10 day averaged volume of Indian Bank is 3013839

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	492.35	476.50	496.40	474.50	0.781 times
20 Wed Mar 2024	469.70	488.00	495.85	467.30	0.77 times
19 Tue Mar 2024	485.75	496.90	499.90	478.15	0.434 times
18 Mon Mar 2024	496.90	510.60	510.60	494.00	0.38 times
15 Fri Mar 2024	509.30	495.40	517.90	488.30	2.583 times
14 Thu Mar 2024	491.60	500.30	512.90	490.00	0.811 times
13 Wed Mar 2024	501.20	521.80	523.45	494.10	1.15 times
12 Tue Mar 2024	516.85	548.00	549.95	507.10	1.31 times
11 Mon Mar 2024	548.00	551.65	562.85	540.60	0.735 times
07 Thu Mar 2024	545.45	539.20	548.90	538.00	0.527 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 496.5, but if it comes above 496.5, then a intra day buy could be more profitable.
If you take a sell trade below 496.5, then use 496.5 as stoploss and 471.6 as target. However if you take a buy trade in stock , then use 496.5 as stoploss and 517.28 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
Upside Target	507.00
Upside Target	521.50
Upside Target	539.90
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	469.57
Downside Intraday Target	446.78
Upside Intraday Target	512.87
Upside Intraday Target	533.38
Downside Intraday Target	490.08

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	492.35	510.60	510.60	467.30	0.359 times
15 Fri Mar 2024	509.30	551.65	562.85	488.30	2.024 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

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
21 Thu Mar 2024	492.35	526.40	562.85	467.30	0.64 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 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 losing momentum.

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

Indian Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Indian Bank in short term but BUY 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 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 506.67 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.