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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 2024-07-18 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 28379187

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	67.19	67.98	69.90	66.70	1.599 times
16 Tue Jul 2024	67.69	69.30	70.80	67.41	1.748 times
15 Mon Jul 2024	68.75	65.75	69.70	64.80	4.094 times
12 Fri Jul 2024	65.08	63.67	65.97	63.52	0.768 times
11 Thu Jul 2024	63.44	63.90	64.40	63.15	0.356 times
10 Wed Jul 2024	63.73	65.00	65.38	63.05	0.478 times
09 Tue Jul 2024	64.78	63.22	66.85	63.05	1.258 times
08 Mon Jul 2024	63.20	63.81	64.00	63.05	0.307 times
05 Fri Jul 2024	63.77	63.57	64.20	63.40	0.37 times
04 Thu Jul 2024	63.58	64.09	64.23	63.50	0.396 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 66.5, but if it comes below 66.5, then a intra day sell could be more profitable.
If you take a sell trade below 66.5, then use 66.5 as stoploss and 65 as target. However if you take a buy trade in stock , then use 66.5 as stoploss and 68.2 as target.

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
Downside Target	66.40
Downside Target	66.85
Upside Target	67.45
Upside Target	70.80
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	64.39
Downside Intraday Target	61.6
Upside Intraday Target	70.39
Upside Intraday Target	73.6
Upside Intraday Target	67.6

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	67.19	65.75	70.80	64.80	2.349 times
12 Fri Jul 2024	65.08	63.81	66.85	63.05	1.896 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bank Maharashtra (MAHABANK)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	67.19	64.90	70.80	63.05	0.745 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 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 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 neutral. A longer time frame might give a better analysis.

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

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

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

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 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 66.81 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.