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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.

10 day averaged volume of Bank Maharashtra is 12868722

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	50.50	50.20	51.27	50.20	0.793 times
13 Wed Nov 2024	50.17	51.50	52.50	50.00	0.836 times
12 Tue Nov 2024	52.51	53.35	54.21	52.00	0.59 times
11 Mon Nov 2024	53.35	53.65	54.40	53.11	0.678 times
08 Fri Nov 2024	54.03	55.25	55.40	53.45	0.732 times
07 Thu Nov 2024	55.28	56.30	57.10	55.01	1.161 times
06 Wed Nov 2024	55.91	55.80	56.40	55.27	1.341 times
05 Tue Nov 2024	55.65	53.95	55.95	53.48	1.516 times
04 Mon Nov 2024	54.40	55.52	55.52	53.00	1.371 times
01 Fri Nov 2024	55.43	55.25	55.75	55.00	0.318 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 50.4 as stoploss in an intra day buy trade for a target of 52.72. However, stock will show a bearish move below 50.4.

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	47.37
Downside Target	48.76
Downside Target	50.00
Upside Target	52.45
Upside Target	54.40
Upside Target	56.90
Upside Target	57.40
Upside Target	59.71
Upside Target	60.61
Upside Target	62.93
Upside Target	63.45
Upside Target	67.50
Upside Target	70.80

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	48.87
Downside Intraday Target	47.23
Upside Intraday Target	53.27
Upside Intraday Target	56.03
Upside Intraday Target	51.63

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	50.50	53.65	54.40	50.00	0.473 times
08 Fri Nov 2024	54.03	55.52	57.10	53.00	0.796 times
01 Fri Nov 2024	55.43	49.02	56.90	48.76	1.275 times
25 Fri Oct 2024	49.02	54.60	54.79	47.37	0.901 times
18 Fri Oct 2024	54.30	54.35	55.70	52.45	1.024 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
14 Thu Nov 2024	50.50	55.25	57.10	50.00	0.321 times
31 Thu Oct 2024	54.90	59.99	60.61	47.37	1.828 times
30 Mon Sep 2024	60.29	62.60	63.45	57.40	0.988 times
30 Fri Aug 2024	62.57	67.01	67.50	59.71	0.398 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bank Maharashtra stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Bank Maharashtra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Bank Maharashtra in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 54.03 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 negative.

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