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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 2024-08-06 View latest technical analysis

10 day averaged volume of Indian Bank is 1906591

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	565.40	575.05	588.35	558.00	0.956 times
05 Mon Aug 2024	581.00	578.90	585.80	565.00	1.367 times
02 Fri Aug 2024	595.95	591.00	597.80	581.50	0.714 times
01 Thu Aug 2024	595.65	605.05	613.20	590.00	0.709 times
31 Wed Jul 2024	608.80	600.00	610.90	593.35	0.959 times
30 Tue Jul 2024	601.15	594.50	604.50	587.25	1.315 times
29 Mon Jul 2024	587.25	589.00	599.90	583.50	1.475 times
26 Fri Jul 2024	581.45	570.00	585.00	567.25	0.968 times
25 Thu Jul 2024	567.65	566.00	570.90	561.00	0.404 times
24 Wed Jul 2024	569.60	554.95	578.75	552.40	1.257 times

My analysis of stock is bearish for shortterm, and stock might move down till 554.6 or till 532.2. Use a stoploss of 573.27 and if the stock hits stoploss, then it can shoot up till 591.95

Share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Target	481.45
Downside Target	500.40
Downside Target	524.80
Downside Target	546.75
Upside Target	581.50
Upside Target	588.35
Upside Target	596.90
Upside Target	597.00
Upside Target	610.90
Upside Target	613.20
Upside Target	632.70

Intraday share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Intraday Target	552.82
Downside Intraday Target	540.23
Upside Intraday Target	583.17
Upside Intraday Target	600.93
Upside Intraday Target	570.58

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	565.40	578.90	588.35	558.00	0.449 times
02 Fri Aug 2024	595.95	589.00	613.20	581.50	1.298 times
26 Fri Jul 2024	581.45	560.05	585.00	546.75	0.764 times
19 Fri Jul 2024	561.15	569.00	597.00	554.10	1.26 times
12 Fri Jul 2024	558.75	538.85	560.00	524.80	1.927 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
06 Tue Aug 2024	565.40	605.05	613.20	558.00	0.195 times
31 Wed Jul 2024	608.80	545.50	610.90	524.80	0.667 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

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 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 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 to mid 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 mid to longer 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.

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 but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 585.86 and Indian Bank (INDIANB) stock is trading below this level. This means that stock is falling with high volumes. 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.