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 2024-03-07 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 29236850

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	61.90	62.55	63.30	61.60	0.833 times
06 Wed Mar 2024	62.10	63.80	64.45	61.25	1.811 times
05 Tue Mar 2024	63.60	61.15	64.00	60.65	2.539 times
04 Mon Mar 2024	61.10	60.45	61.50	59.70	0.632 times
02 Sat Mar 2024	60.45	60.95	60.95	60.25	0.073 times
01 Fri Mar 2024	60.75	60.00	61.00	59.80	0.679 times
29 Thu Feb 2024	59.70	58.00	60.05	57.10	1.027 times
28 Wed Feb 2024	57.95	60.10	60.50	57.25	0.9 times
27 Tue Feb 2024	59.90	60.80	61.20	59.20	0.676 times
26 Mon Feb 2024	60.60	61.40	61.75	60.30	0.756 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 62.4 as stoploss in an intra day sell trade for a target of 60.58. However, stock will show a bullish move above 62.4.

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	54.05
Downside Target	56.10
Downside Target	58.65
Downside Target	61.75
Upside Target	63.50
Upside Target	63.65
Upside Target	64.45
Upside Target	69.45

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	59.58
Downside Intraday Target	57.27
Upside Intraday Target	64.33
Upside Intraday Target	66.77
Upside Intraday Target	62.02

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	61.90	60.45	64.45	59.70	1.415 times
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

Price has moved up 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
07 Thu Mar 2024	61.90	60.00	64.45	59.70	0.142 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 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 short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

Bank Maharashtra 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 Bank Maharashtra 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 Bank Maharashtra is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 61.41 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 rising upwards.

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 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.