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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 2024-05-29 View latest technical analysis

10 day averaged volume of Indian Bank is 2377043

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	576.30	566.55	583.80	559.25	0.743 times
28 Tue May 2024	566.65	579.25	593.20	557.10	0.926 times
27 Mon May 2024	579.25	572.80	592.00	568.85	1.122 times
24 Fri May 2024	571.60	576.00	579.80	565.25	0.585 times
23 Thu May 2024	575.95	569.65	596.00	569.65	1.489 times
22 Wed May 2024	566.40	577.00	578.25	559.05	1.256 times
21 Tue May 2024	575.15	536.10	580.00	534.00	2.009 times
18 Sat May 2024	540.05	543.00	544.50	538.05	0.036 times
17 Fri May 2024	540.30	537.80	547.40	533.50	0.601 times
16 Thu May 2024	539.90	530.65	544.45	525.85	0.786 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 568.1, but if it comes below 568.1, then a intra day sell could be more profitable.
If you take a sell trade below 568.1, then use 568.1 as stoploss and 545.03 as target. However if you take a buy trade in stock , then use 568.1 as stoploss and 595.9 as target.

Share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Target	408.60
Downside Target	467.30
Downside Target	483.10
Downside Target	500.40
Downside Target	528.30
Downside Target	547.40
Downside Target	562.85
Downside Target	565.75
Downside Target	573.75
Upside Target	593.20
Upside Target	596.00

Intraday share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Intraday Target	557.87
Downside Intraday Target	539.43
Upside Intraday Target	593.97
Upside Intraday Target	611.63
Downside Intraday Target	575.53

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	576.30	572.80	593.20	557.10	0.523 times
24 Fri May 2024	571.60	536.10	596.00	534.00	1.507 times
18 Sat May 2024	540.05	515.05	547.40	500.40	0.516 times
10 Fri May 2024	514.30	549.50	551.30	509.10	1.756 times
03 Fri May 2024	544.00	528.95	565.75	528.30	1.316 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
29 Wed May 2024	576.30	553.00	596.00	500.40	1.359 times
30 Tue Apr 2024	548.25	521.00	565.75	500.40	0.695 times
28 Thu Mar 2024	520.70	526.40	562.85	467.30	0.822 times
29 Thu Feb 2024	525.15	498.85	573.75	483.10	0.847 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 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 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 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 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 BUY signal for Indian Bank in short term and the buy signal is strong.

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

Indian Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 568.43 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.