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 2024-10-16 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 15568652

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	54.56	54.98	55.70	54.27	1.435 times
15 Tue Oct 2024	54.32	54.60	55.10	53.51	1.954 times
14 Mon Oct 2024	54.20	54.35	54.95	53.80	0.631 times
11 Fri Oct 2024	54.24	54.20	54.63	53.80	0.506 times
10 Thu Oct 2024	54.16	55.00	55.57	54.00	0.872 times
09 Wed Oct 2024	54.66	56.75	56.98	54.30	2.567 times
08 Tue Oct 2024	57.04	56.25	57.25	55.31	0.705 times
07 Mon Oct 2024	55.84	58.51	58.87	55.60	0.747 times
04 Fri Oct 2024	57.65	58.21	58.85	57.41	0.69 times
03 Thu Oct 2024	58.45	59.00	59.30	58.07	0.56 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.1, but if it comes above 55.1, then a intra day buy could be more profitable.
If you take a sell trade below 55.1, then use 55.1 as stoploss and 51.8 as target. However if you take a buy trade in stock , then use 55.1 as stoploss and 57.77 as target.

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	53.51
Upside Target	55.70
Upside Target	57.40
Upside Target	58.83
Upside Target	61.08
Upside Target	61.96
Upside Target	62.93
Upside Target	63.45
Upside Target	67.50
Upside Target	70.80
Upside Target	73.50

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	53.48
Downside Intraday Target	52.4
Upside Intraday Target	55.67
Upside Intraday Target	56.78
Upside Intraday Target	54.59

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	54.56	54.35	55.70	53.51	0.745 times
11 Fri Oct 2024	54.24	58.51	58.87	53.80	1.988 times
04 Fri Oct 2024	57.65	60.00	61.08	57.41	0.468 times
27 Fri Sep 2024	59.83	59.00	63.45	58.83	2.057 times
20 Fri Sep 2024	58.42	61.11	61.96	57.40	1.279 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
16 Wed Oct 2024	54.56	59.99	60.61	53.51	0.87 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
31 Wed Jul 2024	66.94	64.90	70.80	62.93	1.112 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 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 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 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 55.13 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.