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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 2024-08-19 View latest technical analysis

10 day averaged volume of Indian Bank is 1463112

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	550.00	554.50	560.20	546.95	0.577 times
16 Fri Aug 2024	550.15	546.00	562.45	545.00	0.502 times
14 Wed Aug 2024	550.35	551.00	560.00	531.05	1.547 times
13 Tue Aug 2024	550.30	562.00	566.00	547.30	0.72 times
12 Mon Aug 2024	558.35	576.95	581.60	556.00	0.861 times
09 Fri Aug 2024	577.75	562.50	579.00	553.00	0.983 times
08 Thu Aug 2024	555.70	569.00	570.00	553.05	0.563 times
07 Wed Aug 2024	569.55	569.00	572.40	559.00	0.867 times
06 Tue Aug 2024	565.40	575.05	588.35	558.00	1.245 times
05 Mon Aug 2024	581.00	578.90	585.80	565.00	1.782 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 553.7, but if it comes above 553.7, then a intra day buy could be more profitable.
If you take a sell trade below 553.7, then use 553.7 as stoploss and 532 as target. However if you take a buy trade in stock , then use 553.7 as stoploss and 571.9 as target.

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	585.00
Upside Target	588.35
Upside Target	596.90
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	544.57
Downside Intraday Target	539.13
Upside Intraday Target	557.82
Upside Intraday Target	565.63
Upside Intraday Target	552.38

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	550.00	554.50	560.20	546.95	0.159 times
16 Fri Aug 2024	550.15	576.95	581.60	531.05	0.667 times
09 Fri Aug 2024	577.75	578.90	588.35	553.00	0.807 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

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
19 Mon Aug 2024	550.00	605.05	613.20	531.05	0.459 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Indian Bank stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling is losing 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 563.46 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 positive

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