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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 2024-11-06 View latest technical analysis

10 day averaged volume of Indian Bank is 2733968

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	575.45	582.40	582.40	571.45	0.49 times
05 Tue Nov 2024	576.45	568.50	587.40	568.50	0.704 times
04 Mon Nov 2024	571.50	589.45	596.85	564.30	0.671 times
01 Fri Nov 2024	585.30	592.60	594.45	578.00	0.056 times
31 Thu Oct 2024	592.55	577.00	595.70	577.00	0.576 times
30 Wed Oct 2024	588.10	568.25	597.00	568.25	1.297 times
29 Tue Oct 2024	581.00	545.00	584.95	537.20	2.736 times
28 Mon Oct 2024	551.45	501.00	560.50	496.25	2.966 times
25 Fri Oct 2024	498.50	504.80	504.80	487.35	0.24 times
24 Thu Oct 2024	500.80	504.50	507.85	499.00	0.2 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 572.4, but if it comes below 572.4, then a intra day sell could be more profitable.
If you take a sell trade below 572.4, then use 572.4 as stoploss and 539.09 as target. However if you take a buy trade in stock , then use 572.4 as stoploss and 612.3 as target.

Share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Target	487.35
Downside Target	524.80
Downside Target	564.30
Downside Target	574.30
Upside Target	596.85
Upside Target	597.00
Upside Target	610.90
Upside Target	613.20

Intraday share price targets for Indian Bank (INDIANB)

Target Type	Value
Downside Intraday Target	560.88
Downside Intraday Target	546.32
Upside Intraday Target	593.43
Upside Intraday Target	611.42
Upside Intraday Target	578.87

Weekly technical analysis of Indian Bank (INDIANB)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	575.45	589.45	596.85	564.30	0.244 times
01 Fri Nov 2024	585.30	501.00	597.00	496.25	4.206 times
25 Fri Oct 2024	498.50	521.00	527.95	487.35	1.167 times
18 Fri Oct 2024	518.65	525.05	530.90	507.40	1.098 times
11 Fri Oct 2024	524.55	531.10	534.45	510.40	0.593 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
06 Wed Nov 2024	575.45	592.60	596.85	564.30	0.139 times
31 Thu Oct 2024	592.55	522.95	597.00	487.35	0.894 times
30 Mon Sep 2024	524.05	565.30	574.30	504.15	1.526 times
30 Fri Aug 2024	567.30	605.05	613.20	531.05	0.756 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Indian Bank ( (INDIANB) ) based on a short to mid 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.

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Indian Bank in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indian Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 568.96 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 positive

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