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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 2024-08-29 View latest technical analysis

10 day averaged volume of Indian Bank is 1215128

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	561.50	567.95	575.00	548.50	1.164 times
28 Wed Aug 2024	567.95	550.00	576.00	547.00	1.81 times
27 Tue Aug 2024	548.85	549.85	555.50	546.80	0.397 times
26 Mon Aug 2024	547.10	553.35	560.00	544.00	1.303 times
23 Fri Aug 2024	548.35	554.05	560.80	547.00	0.804 times
22 Thu Aug 2024	552.80	555.00	559.50	551.05	1.084 times
21 Wed Aug 2024	552.10	560.95	560.95	551.00	0.915 times
20 Tue Aug 2024	558.50	550.05	565.00	550.05	0.526 times
19 Mon Aug 2024	550.00	554.50	560.20	546.95	0.695 times
16 Fri Aug 2024	550.15	546.00	562.45	545.00	0.604 times

My analysis of stock is bearish for shortterm, and stock might move down till 547.1 or till 529.3. Use a stoploss of 561.87 and if the stock hits stoploss, then it can shoot up till 576.68

Share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Target	481.45
Downside Target	500.40
Downside Target	524.80
Downside Target	544.00
Upside Target	565.00
Upside Target	581.60
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	545
Downside Intraday Target	528.5
Upside Intraday Target	577
Upside Intraday Target	592.5
Downside Intraday Target	560.5

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	561.50	553.35	576.00	544.00	1.162 times
23 Fri Aug 2024	548.35	554.50	565.00	546.95	0.921 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

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
29 Thu Aug 2024	561.50	605.05	613.20	531.05	0.724 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 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Indian Bank in short term but the buy 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 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Indian Bank in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 555.36 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.