Stock analysis Dhanlaxmi Bank Limited DHANBANK
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Recent prices of DHANBANK Dhanlaxmi Bank Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 06 Fri Sep 2024 | 38.20 | 38.00 to 39.24 | -1.37% | 0.98 times |
| 05 Thu Sep 2024 | 38.73 | 38.61 to 39.33 | -1.17% | 0.74 times |
| 04 Wed Sep 2024 | 39.19 | 38.30 to 39.92 | 1.45% | 1.66 times |
| 03 Tue Sep 2024 | 38.63 | 38.40 to 39.00 | 0.1% | 0.58 times |
| 02 Mon Sep 2024 | 38.59 | 38.50 to 39.39 | -0.57% | 0.79 times |
| 30 Fri Aug 2024 | 38.81 | 38.75 to 39.35 | 0% | 0.67 times |
| 29 Thu Aug 2024 | 38.81 | 38.69 to 39.63 | 0% | 1.06 times |
| 29 Thu Aug 2024 | 38.81 | 38.69 to 39.63 | 0% | 1.06 times |
| 29 Thu Aug 2024 | 38.81 | 38.69 to 39.63 | -2.12% | 1.06 times |
| 28 Wed Aug 2024 | 39.65 | 39.50 to 40.09 | -0.03% | 1.05 times |
| 27 Tue Aug 2024 | 39.66 | 39.35 to 40.25 | -1% | 1.31 times |
| 26 Mon Aug 2024 | 40.06 | 39.81 to 40.65 | -0.37% | 0.94 times |
Technical analysis forecast for Dhanlaxmi Bank Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Dhanlaxmi Bank Limited DHANBANK at this time. Stock is falling and might fall more.
It appears as if Dhanlaxmi Bank Limited DHANBANK gave a large move recently.
Stock of Dhanlaxmi Bank Limited (DHANBANK) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
Although my analysis for Dhanlaxmi Bank Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 38, for a target of 38.9 or 39.56