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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 2024-06-03 View latest technical analysis

10 day averaged volume of Indian Bank is 2551107

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	606.35	629.90	632.70	577.20	3.67 times
31 Fri May 2024	567.50	580.05	584.95	564.50	0.729 times
30 Thu May 2024	578.80	577.90	596.90	573.10	1.662 times
29 Wed May 2024	576.30	566.55	583.80	559.25	0.693 times
28 Tue May 2024	566.65	579.25	593.20	557.10	0.863 times
27 Mon May 2024	579.25	572.80	592.00	568.85	1.046 times
24 Fri May 2024	571.60	576.00	579.80	565.25	0.545 times
23 Thu May 2024	575.95	569.65	596.00	569.65	1.387 times
22 Wed May 2024	566.40	577.00	578.25	559.05	1.17 times
21 Tue May 2024	575.15	536.10	580.00	534.00	1.871 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 611.8, for a target of 578.8 or 551.38

Share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Target	467.30
Downside Target	483.10
Downside Target	500.40
Downside Target	534.00
Downside Target	547.40
Downside Target	577.20
Downside Target	596.00
Downside Target	596.90
Upside Target	632.70

Intraday share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Intraday Target	578.13
Downside Intraday Target	549.92
Upside Intraday Target	633.63
Upside Intraday Target	660.92
Downside Intraday Target	605.42

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	606.35	629.90	632.70	577.20	0.735 times
31 Fri May 2024	567.50	572.80	596.90	557.10	1.004 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

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
03 Mon Jun 2024	606.35	629.90	632.70	577.20	0.178 times
31 Fri May 2024	567.50	553.00	596.90	500.40	1.536 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 and the buying is gaining 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 582.61 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.