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Stock analysis IDBI Bank Limited IDBI

More indepth analysis on MunafaSutra.com

Moving Averages for IDBI Bank Limited

  • 5Day Average: 86.48
  • 12Day Average: 86.77
  • 20Day Average: 85.71
  • 50Day Average: 85.74
  • 100Day Average: 79.1
  • 150Day Average: 74.76
  • 200Day Average: 71.5

IDBI Indicators & signals

Indicator MACD (12,26,9)

86.36, 85.61, 0.61
Indicator MACD is in positive zone

Indicator ADX (14)

19.44, 26.71, 18.01
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of IDBI IDBI Bank Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 88.05 86.35 to 88.90 1.44% 1.06 times
24 Wed Apr 2024 86.80 86.30 to 88.40 -0.8% 0.79 times
23 Tue Apr 2024 87.50 85.90 to 90.00 1.69% 1.61 times
22 Mon Apr 2024 86.05 84.90 to 86.35 2.44% 0.61 times
19 Fri Apr 2024 84.00 82.30 to 84.50 -1% 0.7 times
18 Thu Apr 2024 84.85 84.25 to 87.35 -0.64% 0.67 times
16 Tue Apr 2024 85.40 83.50 to 87.65 0.95% 1.1 times
15 Mon Apr 2024 84.60 83.05 to 85.75 -2.53% 0.96 times
12 Fri Apr 2024 86.80 86.55 to 89.55 -2.85% 0.84 times
10 Wed Apr 2024 89.35 88.30 to 90.40 1.07% 1.15 times
09 Tue Apr 2024 88.40 88.15 to 91.00 -1.12% 1.56 times
08 Mon Apr 2024 89.40 87.85 to 91.00 0.68% 1.63 times

Technical analysis forecast of IDBI Bank Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in IDBI Bank Limited IDBI at this time. Stock is rising and might rise more.

It appears as if IDBI Bank Limited IDBI gave a large move recently.

Stock of IDBI Bank Limited (IDBI) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of IDBI Bank Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 88.8 as stoploss in an intra day sell trade for a target of 85.9. However, stock will show a bullish move above 88.8.

More indepth analysis on MunafaSutra.com