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Technicals for Indian Bank
By MusingTheNews
2025-10-17 20:39
Overall Technical outlook
Price Summary
Indian Bank's stock began trading at 783.0 on 2025-10-17, soared to 784.0, dipped to 756.5, and finished the day -0.08% down at 782.35, with 2815287 shares exchanged. During the past 52 weeks, the highest stock price was 783.5, and the lowest was 475.8. According to 12 analysts, the future price is anticipated to vary between 619.0 and 800.0, with an average expected price of around 729.25.
Technicals
Support and Resistance: The current price of 782.35 for INDIANB finds support at 750.7 and resistance at 783.5. These levels define a range in which the price might oscillate, with 750.7 as a potential support and 783.5 as a resistance level. Support/Resistance for INDIANB
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Indian Bank
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Indian Bank
Parabolic SAR: The PSAR has recently shifted from bullish to bearish, signaling a potential downward trend. If this move is confirmed by other indicators, it could be a strong bearish signal. Investors should watch for further confirmation before considering this as an indicator of a broader market decline. Parabolic Stop and Reverse chart for Indian Bank
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for Indian Bank
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are beginning to waver. This weakening in downward momentum could signal a potential shift towards bullish price action. Investors might interpret this as an early indication that the market is preparing for a reversal, with the possibility of a bullish trend emerging soon. Tripple SMA chart for Indian Bank
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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