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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 2024-11-07 View latest technical analysis

10 day averaged volume of Bank Maharashtra is 18220370

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	55.28	56.30	57.10	55.01	0.82 times
06 Wed Nov 2024	55.91	55.80	56.40	55.27	0.947 times
05 Tue Nov 2024	55.65	53.95	55.95	53.48	1.071 times
04 Mon Nov 2024	54.40	55.52	55.52	53.00	0.969 times
01 Fri Nov 2024	55.43	55.25	55.75	55.00	0.224 times
31 Thu Oct 2024	54.90	55.34	55.84	54.08	1.03 times
30 Wed Oct 2024	55.34	51.96	56.90	51.70	2.14 times
29 Tue Oct 2024	52.02	49.81	52.25	49.65	0.891 times
28 Mon Oct 2024	49.81	49.02	50.52	48.76	1.143 times
25 Fri Oct 2024	49.02	50.25	50.48	47.80	0.961 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 55.5 as stoploss in an intra day sell trade for a target of 53.25. However, stock will show a bullish move above 55.5.

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	47.37
Downside Target	48.76
Downside Target	52.45
Upside Target	56.90
Upside Target	57.40
Upside Target	58.87
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	53.15
Downside Intraday Target	51.03
Upside Intraday Target	57.25
Upside Intraday Target	59.23
Downside Intraday Target	55.13

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	55.28	55.52	57.10	53.00	0.701 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
11 Fri Oct 2024	54.24	58.51	58.87	53.80	1.988 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
07 Thu Nov 2024	55.28	55.25	57.10	53.00	0.196 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 BUY signal for Bank Maharashtra in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 53.78 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 negative.

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