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 2024-05-14 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 34852710

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue May 2024	64.35	62.75	64.55	62.65	0.377 times
13 Mon May 2024	62.50	63.05	63.30	61.40	0.462 times
10 Fri May 2024	63.90	63.40	64.25	61.35	0.572 times
09 Thu May 2024	63.55	66.00	66.55	63.15	0.574 times
08 Wed May 2024	65.95	64.90	66.65	64.35	0.603 times
07 Tue May 2024	65.05	66.85	67.50	64.55	0.711 times
06 Mon May 2024	66.80	68.80	69.05	65.80	0.826 times
03 Fri May 2024	68.40	70.20	70.35	67.90	0.86 times
02 Thu May 2024	69.80	70.60	70.60	69.10	0.871 times
30 Tue Apr 2024	70.10	71.40	72.55	69.80	1.636 times

My analysis of stock is bearish for shortterm, and stock might move down till 62.4 or till 58.9. Use a stoploss of 65.21 and if the stock hits stoploss, then it can shoot up till 68.06

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	45.10
Downside Target	52.80
Downside Target	54.05
Downside Target	56.10
Downside Target	59.20
Downside Target	61.35
Downside Target	63.45
Upside Target	67.05
Upside Target	69.05
Upside Target	69.40
Upside Target	69.45
Upside Target	70.60
Upside Target	72.55

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	62.32
Downside Intraday Target	60.28
Upside Intraday Target	65.47
Upside Intraday Target	66.58
Downside Intraday Target	63.43

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue May 2024	64.35	63.05	64.55	61.40	0.255 times
10 Fri May 2024	63.90	68.80	69.05	61.35	0.525 times
03 Fri May 2024	68.40	68.80	72.55	67.05	1.144 times
26 Fri Apr 2024	67.65	62.00	69.40	62.00	2.331 times
19 Fri Apr 2024	61.60	61.40	63.45	59.20	1.129 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
14 Tue May 2024	64.35	70.60	70.60	61.35	0.296 times
30 Tue Apr 2024	70.10	62.95	72.55	59.20	1.122 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

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 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 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 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 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bank Maharashtra in short term but BUY signal is weak.

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 66.96 and Bank Maharashtra (MAHABANK) 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 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.