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 2024-07-09 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 10765097

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	64.78	63.22	66.85	63.05	3.317 times
08 Mon Jul 2024	63.20	63.81	64.00	63.05	0.808 times
05 Fri Jul 2024	63.77	63.57	64.20	63.40	0.975 times
04 Thu Jul 2024	63.58	64.09	64.23	63.50	1.045 times
03 Wed Jul 2024	63.84	63.99	64.24	63.75	0.594 times
02 Tue Jul 2024	63.61	64.32	64.65	63.26	0.754 times
01 Mon Jul 2024	64.32	64.90	65.28	64.20	1.035 times
28 Fri Jun 2024	64.81	64.99	66.40	64.51	1.393 times
27 Thu Jun 2024	65.08	64.60	65.30	63.82	1.078 times
26 Wed Jun 2024	64.66	65.10	65.81	64.45	1.34 times

Stock of Bank Maharashtra (MAHABANK) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 64 or till 62.6. Use a stoploss of 65.09 and if the stock hits stoploss, then it can shoot up till 66.22

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	52.80
Downside Target	59.00
Downside Target	61.35
Downside Target	63.05
Upside Target	66.40
Upside Target	66.85
Upside Target	67.45
Upside Target	68.38
Upside Target	71.50
Upside Target	72.55
Upside Target	73.50

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	62.94
Downside Intraday Target	61.09
Upside Intraday Target	66.74
Upside Intraday Target	68.69
Upside Intraday Target	64.89

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	64.78	63.81	66.85	63.05	0.937 times
05 Fri Jul 2024	63.77	64.90	65.28	63.26	0.69 times
28 Fri Jun 2024	64.81	65.00	66.40	63.82	0.863 times
21 Fri Jun 2024	65.17	66.70	67.45	64.25	0.966 times
14 Fri Jun 2024	66.33	66.95	68.38	65.50	0.347 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
09 Tue Jul 2024	64.78	64.90	66.85	63.05	0.196 times
28 Fri Jun 2024	64.81	73.00	73.50	59.00	0.945 times
31 Fri May 2024	69.05	70.60	71.50	61.35	0.718 times
30 Tue Apr 2024	70.10	62.95	72.55	59.20	1.122 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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

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 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 64.36 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 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 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.