Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MAHABANK) Bank Maharashtra complete technical analysis [charts+indicators] | Buy/Sell Bank Maharashtra | (MAHABANK) share price targets

Complete technical analysis of Bank Maharashtra (MAHABANK) by charts plus indicators, forecast predictions and share price targets for Bank Maharashtra (MAHABANK)

Bank Maharashtra trades in NSE in Banks sector.

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 28325259

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	60.45	60.95	60.95	60.25	0.075 times
01 Fri Mar 2024	60.75	60.00	61.00	59.80	0.701 times
29 Thu Feb 2024	59.70	58.00	60.05	57.10	1.06 times
28 Wed Feb 2024	57.95	60.10	60.50	57.25	0.929 times
27 Tue Feb 2024	59.90	60.80	61.20	59.20	0.698 times
26 Mon Feb 2024	60.60	61.40	61.75	60.30	0.78 times
23 Fri Feb 2024	61.05	61.80	62.70	60.70	0.936 times
22 Thu Feb 2024	61.65	60.75	62.00	58.65	1.186 times
21 Wed Feb 2024	60.40	61.35	62.65	60.05	1.266 times
20 Tue Feb 2024	61.00	62.10	62.65	60.80	0.918 times

My analysis of stock is bearish for shortterm, and stock might move down till 58.6 or till 55.9. Use a stoploss of 60.85 and if the stock hits stoploss, then it can shoot up till 63.12

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	41.25
Downside Target	43.05
Downside Target	45.10
Downside Target	46.85
Downside Target	48.80
Downside Target	53.45
Downside Target	56.10
Downside Target	58.65
Upside Target	61.00
Upside Target	61.75
Upside Target	63.50
Upside Target	63.65
Upside Target	69.45

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	57.78
Downside Intraday Target	55.12
Upside Intraday Target	62.43
Upside Intraday Target	64.42
Downside Intraday Target	59.77

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	60.45	61.40	61.75	57.10	0.727 times
23 Fri Feb 2024	61.05	61.95	63.65	58.65	0.541 times
16 Fri Feb 2024	61.95	62.00	63.50	54.05	0.496 times
09 Fri Feb 2024	61.55	57.80	69.45	57.40	1.879 times
02 Fri Feb 2024	57.40	53.90	58.90	53.45	1.445 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 Bank Maharashtra (MAHABANK)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	60.45	60.00	61.00	59.80	0.016 times
29 Thu Feb 2024	59.70	55.80	69.45	54.05	1.211 times
31 Wed Jan 2024	55.25	45.25	56.10	45.10	1.903 times
29 Fri Dec 2023	45.15	44.10	48.80	43.05	1.61 times

Scroll below to view daily charts

Price has moved up 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 Bank Maharashtra (MAHABANK)

Price action analysis of Bank Maharashtra ( (MAHABANK) ) 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 Bank Maharashtra ( (MAHABANK) ) 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 Bank Maharashtra ( (MAHABANK) ) 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 Bank Maharashtra ( (MAHABANK) ) 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 Bank Maharashtra stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bank Maharashtra in short term but the sell signal is initial and weak.

Bank Maharashtra 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 green color Prices appear to be coming down

CCI has generated a buy signal for Bank Maharashtra in short term and BUY signal is strong.

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

Stock of Bank Maharashtra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.36 and Bank Maharashtra (MAHABANK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Bank Maharashtra (MAHABANK) stock. Volume based technical analysis of Bank Maharashtra (MAHABANK) stock is negative.

Bank Maharashtra Stock has given negative 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.