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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 19796777

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	64.00	64.70	64.95	63.70	0.66 times
23 Tue Apr 2024	64.50	64.50	64.85	63.75	0.906 times
22 Mon Apr 2024	64.40	62.00	64.70	62.00	1.305 times
19 Fri Apr 2024	61.60	59.85	62.15	59.20	0.977 times
18 Thu Apr 2024	61.35	62.60	63.45	61.00	0.786 times
16 Tue Apr 2024	62.25	61.00	62.90	60.65	0.839 times
15 Mon Apr 2024	61.65	61.40	62.65	59.35	1.527 times
12 Fri Apr 2024	63.60	64.30	65.35	63.35	0.954 times
10 Wed Apr 2024	64.80	64.65	65.20	63.75	0.861 times
09 Tue Apr 2024	64.45	64.80	65.55	63.75	0.938 times

My analysis of stock is bullish for shortterm, and stock might move up till 65.5 or till 68.2. Use a stoploss of 63.31 and if this stock hits its stoploss, then it can fall down till 61.08

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
Upside Target	64.45
Upside Target	64.95
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	62.35
Downside Intraday Target	60.7
Upside Intraday Target	65.3
Upside Intraday Target	66.6
Downside Intraday Target	63.65

Weekly technical analysis of Bank Maharashtra (MAHABANK)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	64.00	62.00	64.95	62.00	0.695 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
24 Wed Apr 2024	64.00	62.95	67.65	59.20	0.648 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 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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.

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 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 63.2 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 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 positive

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