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Stock analysis IndusInd Bank Limited INDUSINDBK

More indepth analysis on MunafaSutra.com

Moving Averages for IndusInd Bank Limited

  • 5Day Average: 1480.96
  • 12Day Average: 1511.82
  • 20Day Average: 1524.42
  • 50Day Average: 1506.9
  • 100Day Average: 1532.75
  • 150Day Average: 1506.55
  • 200Day Average: 1481.15

INDUSINDBK Indicators & signals

Indicator MACD (12,26,9)

1500.99, 1510.43, -2.47
Indicator MACD is in negative zone

Indicator ADX (14)

23.08, 17.09, 27.35
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
25 Thu Apr 2024 1496.10 1470.55 to 1499.50 1.45% 1.41 times
24 Wed Apr 2024 1474.65 1462.75 to 1483.25 0.01% 1.13 times
23 Tue Apr 2024 1474.50 1471.10 to 1485.80 -0.2% 0.46 times
22 Mon Apr 2024 1477.50 1469.95 to 1501.00 -0.31% 1.1 times
19 Fri Apr 2024 1482.05 1444.40 to 1490.25 0.52% 1.65 times
18 Thu Apr 2024 1474.40 1468.15 to 1508.35 -1.11% 1.47 times
16 Tue Apr 2024 1490.95 1487.95 to 1534.80 -3.18% 1.52 times
15 Mon Apr 2024 1539.90 1530.00 to 1557.90 -1.01% 0.58 times
12 Fri Apr 2024 1555.65 1542.00 to 1562.70 0.18% 0.67 times
10 Wed Apr 2024 1552.85 1548.00 to 1564.85 -0.14% 0.97 times
09 Tue Apr 2024 1554.95 1541.00 to 1574.90 -0.85% 0.45 times
08 Mon Apr 2024 1568.35 1550.00 to 1576.35 1.03% 0.91 times

Technical analysis forecast for IndusInd 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 IndusInd Bank Limited INDUSINDBK at this time. Stock is falling and might fall more.

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

Stock of IndusInd Bank Limited (INDUSINDBK) 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 IndusInd Bank Limited is bearish for shortterm, and stock might move down till 1474.7 or till 1434.7. Use a stoploss of 1508.12 and if the stock hits stoploss, then it can shoot up till 1541.49

More indepth analysis on MunafaSutra.com