Stock analysis Indbank Merchant Banking Services Limited INDBANK
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Recent prices of INDBANK Indbank Merchant Banking Services Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 22 Wed Jan 2025 | 40.12 | 39.00 to 41.73 | -5% | 1.85 times |
| 21 Tue Jan 2025 | 42.23 | 42.01 to 43.64 | -1.38% | 0.41 times |
| 20 Mon Jan 2025 | 42.82 | 41.86 to 43.50 | 0.68% | 0.44 times |
| 17 Fri Jan 2025 | 42.53 | 42.01 to 43.00 | 1.19% | 0.64 times |
| 16 Thu Jan 2025 | 42.03 | 41.65 to 42.76 | 0.77% | 1.37 times |
| 15 Wed Jan 2025 | 41.71 | 40.99 to 43.97 | -3.18% | 1.96 times |
| 14 Tue Jan 2025 | 43.08 | 38.05 to 45.10 | 12.42% | 1.79 times |
| 13 Mon Jan 2025 | 38.32 | 37.51 to 42.00 | 0% | 1.35 times |
| 13 Mon Jan 2025 | 38.32 | 37.51 to 42.00 | -9.02% | 1.35 times |
| 10 Fri Jan 2025 | 42.12 | 42.01 to 43.00 | -2.55% | 0.44 times |
| 09 Thu Jan 2025 | 43.22 | 43.00 to 44.44 | -0.64% | 0.25 times |
| 08 Wed Jan 2025 | 43.50 | 43.22 to 44.73 | -0.68% | 0.43 times |
Technical analysis forecast for Indbank Merchant Banking Services 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 Indbank Merchant Banking Services Limited INDBANK at this time. Stock is falling and might fall more.
It appears as if Indbank Merchant Banking Services Limited INDBANK gave a large move recently.
Stock of Indbank Merchant Banking Services Limited (INDBANK) 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...
My analysis of Indbank Merchant Banking Services Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Indbank Merchant Banking Services Limited stays below 40.5, but if it comes above 40.5, then a intra day buy could be more profitable.
If you take a sell trade below 40.5, then use 40.5 as stoploss and 37.4 as target. However if you take a buy trade in Indbank Merchant Banking Services Limited, then use 40.5 as stoploss and 43.07 as target.