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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 2024-07-11 View latest technical analysis

10 day averaged volume of Indian Bank is 1226527

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	550.35	548.50	554.90	543.00	0.98 times
10 Wed Jul 2024	543.00	536.00	545.05	536.00	1.461 times
09 Tue Jul 2024	541.70	527.00	545.20	525.55	1.45 times
08 Mon Jul 2024	526.50	538.85	540.00	524.80	1.41 times
05 Fri Jul 2024	538.85	542.00	543.90	535.00	0.945 times
04 Thu Jul 2024	541.55	539.90	545.00	531.50	0.629 times
03 Wed Jul 2024	536.10	539.05	540.10	532.75	0.682 times
02 Tue Jul 2024	537.75	545.00	547.95	530.10	0.7 times
01 Mon Jul 2024	545.00	545.50	549.00	540.25	0.383 times
28 Fri Jun 2024	545.50	542.75	555.00	540.55	1.359 times

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 552.4, for a target of 546.3 or 541.13

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
Downside Target	544.80
Upside Target	554.90
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	531.8
Downside Intraday Target	513.25
Upside Intraday Target	561.9
Upside Intraday Target	573.45
Downside Intraday Target	543.35

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	550.35	538.85	554.90	524.80	1.588 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indian Bank (INDIANB)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	550.35	545.50	554.90	524.80	0.193 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Indian Bank stock for short term is BUY. Signal strength is Weak 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 red color and prices are in or above 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 540.3 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.