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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 19309571

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	65.25	64.00	66.00	63.90	2.042 times
24 Wed Apr 2024	64.00	64.70	64.95	63.70	0.676 times
23 Tue Apr 2024	64.50	64.50	64.85	63.75	0.929 times
22 Mon Apr 2024	64.40	62.00	64.70	62.00	1.338 times
19 Fri Apr 2024	61.60	59.85	62.15	59.20	1.002 times
18 Thu Apr 2024	61.35	62.60	63.45	61.00	0.806 times
16 Tue Apr 2024	62.25	61.00	62.90	60.65	0.86 times
15 Mon Apr 2024	61.65	61.40	62.65	59.35	1.566 times
12 Fri Apr 2024	63.60	64.30	65.35	63.35	0.978 times
10 Wed Apr 2024	64.80	64.65	65.20	63.75	0.883 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 bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 65.7 as stoploss in an intra day sell trade for a target of 63.58. However, stock will show a bullish move above 65.7.

Share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Target	43.05
Downside Target	45.10
Downside Target	48.80
Downside Target	52.80
Downside Target	54.05
Downside Target	56.10
Downside Target	58.55
Downside Target	62.00
Downside Target	64.45
Upside Target	66.00
Upside Target	66.25
Upside Target	67.65
Upside Target	69.45

Intraday share price targets for Bank Maharashtra (MAHABANK)

Target Type	Value
Downside Intraday Target	62.83
Downside Intraday Target	60.42
Upside Intraday Target	66.83
Upside Intraday Target	68.42
Downside Intraday Target	64.42

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	65.25	62.00	66.00	62.00	1.178 times
19 Fri Apr 2024	61.60	61.40	63.45	59.20	1.129 times
12 Fri Apr 2024	63.60	66.05	66.25	63.35	0.387 times
05 Fri Apr 2024	65.70	62.95	67.65	62.85	2.039 times
28 Thu Mar 2024	62.35	59.85	63.10	58.55	1.007 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
25 Thu Apr 2024	65.25	62.95	67.65	59.20	0.712 times
28 Thu Mar 2024	62.35	60.00	64.45	52.80	0.456 times
29 Thu Feb 2024	59.70	55.80	69.45	54.05	1.211 times
31 Wed Jan 2024	55.25	45.25	56.10	45.10	1.903 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a SELL signal for Bank Maharashtra in short term but the sell 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 green color and prices are above the green 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 63.47 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.