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 2024-09-06 View latest technical analysis

10 day averaged volume of Indian Bank is 1626197

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	523.45	551.00	554.70	519.55	3.414 times
05 Thu Sep 2024	551.00	541.90	574.30	523.00	2.307 times
04 Wed Sep 2024	536.05	547.00	552.05	534.15	1.342 times
03 Tue Sep 2024	550.05	556.00	558.40	548.30	0.462 times
02 Mon Sep 2024	555.85	565.30	567.90	551.70	1.082 times
30 Fri Aug 2024	567.30	564.00	575.70	557.00	0.713 times
29 Thu Aug 2024	561.50	567.95	575.00	548.50	0.87 times
28 Wed Aug 2024	567.95	550.00	576.00	547.00	1.352 times
27 Tue Aug 2024	548.85	549.85	555.50	546.80	0.297 times
26 Mon Aug 2024	547.10	553.35	560.00	544.00	0.974 times

Stock of Indian Bank (INDIANB) has showed a significant fall. This could be a good time to exit from this stock.

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 528.5, for a target of 541.8 or 552.89

Share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Target	481.45
Downside Target	500.40
Downside Target	519.55
Upside Target	544.00
Upside Target	565.00
Upside Target	576.00
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	503.9
Downside Intraday Target	484.35
Upside Intraday Target	558.65
Upside Intraday Target	593.85
Upside Intraday Target	539.1

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	523.45	565.30	574.30	519.55	2.047 times
30 Fri Aug 2024	567.30	553.35	576.00	544.00	1.399 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

Price has moved down 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
06 Fri Sep 2024	523.45	565.30	574.30	519.55	0.505 times
30 Fri Aug 2024	567.30	605.05	613.20	531.05	0.756 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

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 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 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 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 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 545.53 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.