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

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

10 day averaged volume of Bank India is 19651405

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 123.05 122.80 124.10 122.35 0.563 times
16 Thu May 2024 121.70 126.00 126.70 120.80 1.064 times
15 Wed May 2024 124.60 124.10 128.10 123.75 0.869 times
14 Tue May 2024 122.85 126.40 126.80 122.00 1.237 times
13 Mon May 2024 124.60 128.00 131.00 121.50 2.916 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 129.1, but if it comes above 129.1, then a intra day buy could be more profitable.
If you take a sell trade below 129.1, then use 129.1 as stoploss and 116 as target. However if you take a buy trade in stock , then use 129.1 as stoploss and 140.12 as target.

Share price targets for Bank India (BANKINDIA)

Target Type Value
Downside Target 111.95
Downside Target 120.80
Upside Target 124.45
Upside Target 131.00
Upside Target 136.60
Upside Target 141.40
Upside Target 148.25
Upside Target 150.65
Upside Target 154.40
Upside Target 156.25
Upside Target 156.40
Upside Target 157.95

Intraday share price targets for Bank India (BANKINDIA)

Target Type Value
Downside Intraday Target 118.9
Downside Intraday Target 114.75
Upside Intraday Target 129.1
Upside Intraday Target 135.15
Upside Intraday Target 124.95

Weekly technical analysis of Bank India (BANKINDIA)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 123.05 128.00 131.00 120.80 1.984 times
10 Fri May 2024 138.75 150.50 150.65 136.60 1.066 times
03 Fri May 2024 149.80 151.65 157.95 148.25 0.864 times
26 Fri Apr 2024 150.35 139.00 154.40 137.50 2.58 times
19 Fri Apr 2024 135.75 138.00 141.95 133.20 0.733 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bank India (BANKINDIA)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 123.05 155.40 156.40 120.80 0.756 times
30 Tue Apr 2024 155.10 134.00 157.95 133.20 1.008 times
28 Thu Mar 2024 137.05 134.90 149.45 125.10 0.529 times
29 Thu Feb 2024 131.45 139.75 156.25 124.45 0.965 times

Price has moved down 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 India (BANKINDIA)

Indicator Name Indicator Value Indicator Signal
ADX 11, 36, 54 Sell
MACD -7, -3Sell
Stochastics 6Sell
CCI -75Buy
RSI 45Sell
OBV -81188194Sell
VWAP 130Sell
ADL 0Sell
ROC -18Sell
Force Index 0Sell

Price action analysis of Bank India ( (BANKINDIA) ) based on a short 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 India ( (BANKINDIA) ) based on a short 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 India ( (BANKINDIA) ) 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 India ( (BANKINDIA) ) based on a mid to longer term time period is

ADX buy sell signal for Bank India stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bank India in short term and the sell signal is strong.

Bank India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Bank India in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 129.82 and Bank India (BANKINDIA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bank India (BANKINDIA) stock. Volume based technical analysis of Bank India (BANKINDIA) stock is negative.

Bank India Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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

Click here for Bank India charts

Click here for further forecast and predictions for tomorrow

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