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(IndianBank) Indian Bank complete technical analysis [charts+indicators] | Buy/Sell Indian Bank | (IndianBank) share price targets

Complete technical analysis of Indian Bank (IndianBank) by charts plus indicators, forecast predictions and share price targets for Indian Bank (IndianBank)

10 day averaged volume of Indian Bank is 92849

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 575.45 539.60 580.00 534.80 1.389 times
20 Mon May 2024 539.95 540.10 544.40 538.80 0.046 times
17 Fri May 2024 539.90 538.50 547.30 533.90 0.702 times
16 Thu May 2024 539.75 530.05 544.00 525.70 0.558 times
15 Wed May 2024 535.50 514.00 539.75 514.00 3.323 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 569.9, for a target of 549.5 or 532.46

Share price targets for Indian Bank (IndianBank)

Target Type Value
Downside Target 408.95
Downside Target 467.20
Downside Target 483.30
Downside Target 496.10
Downside Target 527.30
Downside Target 547.30
Downside Target 550.95
Downside Target 562.75
Downside Target 565.15
Downside Target 573.45
Upside Target 580.00

Intraday share price targets for Indian Bank (IndianBank)

Target Type Value
Downside Intraday Target 546.83
Downside Intraday Target 518.22
Upside Intraday Target 592.03
Upside Intraday Target 608.62
Downside Intraday Target 563.42

Weekly technical analysis of Indian Bank (IndianBank)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 575.45 540.10 580.00 534.80 0.25 times
17 Fri May 2024 539.90 513.95 547.30 500.80 0.851 times
10 Fri May 2024 513.95 545.00 550.95 508.95 1.374 times
03 Fri May 2024 543.55 527.30 565.15 527.30 1.456 times
26 Fri Apr 2024 526.60 519.25 533.00 507.50 1.134 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 Indian Bank (IndianBank)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 575.45 552.30 580.00 500.80 0.962 times
30 Tue Apr 2024 548.40 524.30 565.15 496.10 0.668 times
28 Thu Mar 2024 520.65 525.15 562.75 467.20 0.794 times
29 Thu Feb 2024 524.80 491.65 573.45 483.30 0.568 times

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 Indian Bank (IndianBank)

Indicator Name Indicator Value Indicator Signal
ADX 34, 12, 48 Buy
MACD 13, 8Buy
Stochastics 85Buy
CCI 184Buy
RSI 62Buy
OBV 240701Sell
VWAP 535Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Indian Bank ( (IndianBank) ) 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 Indian Bank ( (IndianBank) ) 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 Indian Bank ( (IndianBank) ) based on a short to mid 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 Indian Bank ( (IndianBank) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Indian Bank 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.

Indian Bank 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 moving up

CCI has generated a buy signal for Indian Bank in short term and BUY signal is strong.

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

Stock of Indian Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 535.42 and Indian Bank (IndianBank) 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 Indian Bank (IndianBank) stock. Volume based technical analysis of Indian Bank (IndianBank) stock is negative.

Indian Bank 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.

Click here for Indian Bank charts

Click here for further forecast and predictions for tomorrow

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