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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 2024-09-12 View latest technical analysis

10 day averaged volume of Indian Bank is 2232883

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	520.05	514.80	525.00	514.70	0.708 times
11 Wed Sep 2024	510.00	519.85	523.40	506.80	1.404 times
10 Tue Sep 2024	518.90	525.15	526.90	516.00	0.738 times
09 Mon Sep 2024	523.00	526.00	528.00	513.00	0.436 times
06 Fri Sep 2024	523.45	551.00	554.70	519.55	2.486 times
05 Thu Sep 2024	551.00	541.90	574.30	523.00	1.68 times
04 Wed Sep 2024	536.05	547.00	552.05	534.15	0.977 times
03 Tue Sep 2024	550.05	556.00	558.40	548.30	0.336 times
02 Mon Sep 2024	555.85	565.30	567.90	551.70	0.788 times
30 Fri Aug 2024	567.30	564.00	575.70	557.00	0.519 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 528.2, but if it comes above 528.2, then a intra day buy could be more profitable.
If you take a sell trade below 528.2, then use 528.2 as stoploss and 508.5 as target. However if you take a buy trade in stock , then use 528.2 as stoploss and 544.65 as target.

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	574.30
Upside Target	576.00
Upside Target	581.60
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	508.57
Downside Intraday Target	497.08
Upside Intraday Target	529.77
Upside Intraday Target	539.48
Downside Intraday Target	518.28

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	520.05	526.00	528.00	506.80	0.524 times
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

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
12 Thu Sep 2024	520.05	565.30	574.30	506.80	0.77 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 532.49 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.