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 2024-07-08 View latest technical analysis

10 day averaged volume of Indian Bank is 1132424

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	526.50	538.85	540.00	524.80	1.527 times
05 Fri Jul 2024	538.85	542.00	543.90	535.00	1.024 times
04 Thu Jul 2024	541.55	539.90	545.00	531.50	0.681 times
03 Wed Jul 2024	536.10	539.05	540.10	532.75	0.738 times
02 Tue Jul 2024	537.75	545.00	547.95	530.10	0.758 times
01 Mon Jul 2024	545.00	545.50	549.00	540.25	0.415 times
28 Fri Jun 2024	545.50	542.75	555.00	540.55	1.472 times
27 Thu Jun 2024	541.15	541.00	547.45	534.05	1.063 times
26 Wed Jun 2024	540.65	533.00	542.00	531.50	1.887 times
25 Tue Jun 2024	532.55	542.70	544.15	530.50	1.232 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 528.8, for a target of 534.8 or 539.83

Share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Target	467.30
Downside Target	481.45
Downside Target	500.40
Downside Target	524.80
Upside Target	549.00
Upside Target	550.90
Upside Target	555.00
Upside Target	562.85
Upside Target	565.75
Upside Target	596.90
Upside Target	632.70

Intraday share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Intraday Target	520.87
Downside Intraday Target	515.23
Upside Intraday Target	536.07
Upside Intraday Target	545.63
Upside Intraday Target	530.43

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	526.50	538.85	540.00	524.80	0.422 times
05 Fri Jul 2024	538.85	545.50	549.00	530.10	0.566 times
28 Fri Jun 2024	545.50	540.50	555.00	530.50	1.315 times
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

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
08 Mon Jul 2024	526.50	545.50	549.00	524.80	0.106 times
28 Fri Jun 2024	545.50	629.90	632.70	481.45	1.042 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 Weak and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 537.97 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.