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 2024-06-21 View latest technical analysis

10 day averaged volume of Indian Bank is 1958249

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	547.70	545.10	550.90	541.10	0.594 times
20 Thu Jun 2024	545.10	545.00	546.75	540.75	0.552 times
19 Wed Jun 2024	545.00	542.00	547.00	531.65	1.129 times
18 Tue Jun 2024	540.05	543.00	544.20	536.90	0.534 times
14 Fri Jun 2024	540.70	542.00	544.15	538.05	0.425 times
13 Thu Jun 2024	541.75	542.00	544.80	537.00	0.644 times
12 Wed Jun 2024	538.30	538.35	540.90	532.70	1.01 times
11 Tue Jun 2024	538.40	533.50	541.00	529.45	0.997 times
10 Mon Jun 2024	532.20	536.20	542.00	530.00	0.944 times
07 Fri Jun 2024	534.70	537.00	544.00	528.25	1.937 times

My analysis of stock is bearish for shortterm, and stock might move down till 531 or till 505.7. Use a stoploss of 552.16 and if the stock hits stoploss, then it can shoot up till 573.29

Share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Target	467.30
Downside Target	481.45
Downside Target	500.40
Downside Target	529.45
Downside Target	544.80
Upside Target	565.75
Upside Target	573.75
Upside Target	596.00
Upside Target	596.90
Upside Target	632.70

Intraday share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Intraday Target	535.93
Downside Intraday Target	524.17
Upside Intraday Target	555.18
Upside Intraday Target	562.67
Downside Intraday Target	543.42

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	547.70	543.00	550.90	531.65	0.699 times
14 Fri Jun 2024	540.70	536.20	544.80	529.45	0.229 times
07 Fri Jun 2024	534.70	629.90	632.70	481.45	2.698 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

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
21 Fri Jun 2024	547.70	629.90	632.70	481.45	0.905 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 539.26 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 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 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.