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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 2024-09-16 View latest technical analysis

10 day averaged volume of Indian Bank is 2251920

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	519.90	525.65	525.65	516.00	0.573 times
13 Fri Sep 2024	520.05	525.40	525.40	518.80	0.526 times
12 Thu Sep 2024	520.05	514.80	525.00	514.70	0.702 times
11 Wed Sep 2024	510.00	519.85	523.40	506.80	1.392 times
10 Tue Sep 2024	518.90	525.15	526.90	516.00	0.732 times
09 Mon Sep 2024	523.00	526.00	528.00	513.00	0.433 times
06 Fri Sep 2024	523.45	551.00	554.70	519.55	2.465 times
05 Thu Sep 2024	551.00	541.90	574.30	523.00	1.666 times
04 Wed Sep 2024	536.05	547.00	552.05	534.15	0.969 times
03 Tue Sep 2024	550.05	556.00	558.40	548.30	0.334 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 523.8, but if it comes above 523.8, then a intra day buy could be more profitable.
If you take a sell trade below 523.8, then use 523.8 as stoploss and 502.3 as target. However if you take a buy trade in stock , then use 523.8 as stoploss and 541.64 as target.

Share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Target	481.45
Downside Target	500.40
Upside Target	544.00
Upside Target	565.00
Upside Target	574.30
Upside Target	576.00
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	515.38
Downside Intraday Target	510.87
Upside Intraday Target	525.03
Upside Intraday Target	530.17
Upside Intraday Target	520.52

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	519.90	525.65	525.65	516.00	0.151 times
13 Fri Sep 2024	520.05	526.00	528.00	506.80	0.609 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

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
16 Mon Sep 2024	519.90	565.30	574.30	506.80	0.859 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 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 527.38 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.