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(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 2024-04-12 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 31623323

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	63.60	64.30	65.35	63.35	0.597 times
10 Wed Apr 2024	64.80	64.65	65.20	63.75	0.539 times
09 Tue Apr 2024	64.45	64.80	65.55	63.75	0.587 times
08 Mon Apr 2024	64.50	66.05	66.25	64.05	0.567 times
05 Fri Apr 2024	65.70	65.40	66.80	64.95	0.921 times
04 Thu Apr 2024	65.80	67.50	67.65	65.05	0.997 times
03 Wed Apr 2024	66.90	65.05	67.30	64.65	1.356 times
02 Tue Apr 2024	65.25	65.50	66.55	64.80	1.075 times
01 Mon Apr 2024	65.15	62.95	65.45	62.85	1.567 times
28 Thu Mar 2024	62.35	59.30	63.10	59.30	1.833 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 65.1 as stoploss in an intra day sell trade for a target of 61.67. However, stock will show a bullish move above 65.1.

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	43.05
Downside Target	45.10
Downside Target	48.80
Downside Target	52.80
Downside Target	54.05
Downside Target	56.10
Downside Target	57.70
Downside Target	60.65
Downside Target	62.85
Upside Target	64.45
Upside Target	66.25
Upside Target	67.65
Upside Target	69.45

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	62.55
Downside Intraday Target	61.5
Upside Intraday Target	65.45
Upside Intraday Target	67.3
Upside Intraday Target	64.4

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	63.60	66.05	66.25	63.35	0.387 times
05 Fri Apr 2024	65.70	62.95	67.65	62.85	2.039 times
28 Thu Mar 2024	62.35	59.85	63.10	58.55	1.007 times
22 Fri Mar 2024	59.85	60.40	60.65	57.70	0.38 times
15 Fri Mar 2024	59.40	62.25	63.45	52.80	1.409 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
12 Fri Apr 2024	63.60	62.95	67.65	62.85	0.422 times
28 Thu Mar 2024	62.35	60.00	64.45	52.80	0.456 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

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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 64.81 and Bank Maharashtra (MAHABANK) stock is trading below this level. This means that stock is falling with high volumes. 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.