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(DhanalakBnk) Dhanalak Bnk complete technical analysis [charts+indicators] | Buy/Sell Dhanalak Bnk | (DhanalakBnk) share price targets

Complete technical analysis of Dhanalak Bnk (DhanalakBnk) by charts plus indicators, forecast predictions and share price targets for Dhanalak Bnk (DhanalakBnk)

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Dhanalak Bnk is 208178

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	44.68	43.70	44.85	41.00	0.993 times
01 Mon Apr 2024	42.78	41.95	42.85	40.50	0.974 times
28 Thu Mar 2024	41.25	41.00	41.90	40.50	1.229 times
27 Wed Mar 2024	40.55	42.45	43.50	40.40	1.765 times
26 Tue Mar 2024	42.46	44.00	44.70	42.00	0.874 times
22 Fri Mar 2024	43.80	43.51	44.20	43.51	0.151 times
21 Thu Mar 2024	43.25	43.65	44.30	43.00	0.557 times
20 Wed Mar 2024	42.75	44.35	44.75	42.00	0.245 times
19 Tue Mar 2024	43.54	45.30	45.71	43.20	0.551 times
18 Mon Mar 2024	44.81	44.06	45.20	44.00	0.865 times

My analysis of stock is bullish for shortterm, and stock might move up till 45.8 or till 48.2. Use a stoploss of 43.88 and if this stock hits its stoploss, then it can fall down till 41.92

Share price targets for Dhanalak Bnk (DhanalakBnk)

Target Type	Value
Downside Target	28.25
Downside Target	29.91
Downside Target	32.78
Downside Target	38.77
Downside Target	39.70
Downside Target	42.00
Downside Target	43.23
Upside Target	44.70
Upside Target	45.71
Upside Target	46.50
Upside Target	48.25
Upside Target	49.25
Upside Target	56.70
Upside Target	58.70

Intraday share price targets for Dhanalak Bnk (DhanalakBnk)

Target Type	Value
Downside Intraday Target	41.84
Downside Intraday Target	38.99
Upside Intraday Target	46.19
Upside Intraday Target	47.69
Downside Intraday Target	43.34

Weekly technical analysis of Dhanalak Bnk (DhanalakBnk)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	44.68	41.95	44.85	40.50	0.509 times
28 Thu Mar 2024	41.25	44.00	44.70	40.40	1.632 times
22 Fri Mar 2024	43.80	44.06	45.71	42.00	0.38 times
15 Fri Mar 2024	43.63	46.23	46.50	38.77	2.303 times
07 Thu Mar 2024	46.64	47.30	48.25	43.23	0.397 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Dhanalak Bnk (DhanalakBnk)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	44.68	41.95	44.85	40.50	0.116 times
28 Thu Mar 2024	41.25	46.00	49.25	38.77	0.177 times
29 Thu Feb 2024	45.73	55.55	56.70	39.70	0.66 times
31 Wed Jan 2024	54.89	31.03	58.70	29.91	2.868 times

Scroll below to view daily charts

Price has moved up 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 Dhanalak Bnk (DhanalakBnk)

Price action analysis of Dhanalak Bnk ( (DhanalakBnk) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Dhanalak Bnk ( (DhanalakBnk) ) 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 Dhanalak Bnk ( (DhanalakBnk) ) 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 Dhanalak Bnk ( (DhanalakBnk) ) based on a mid to longer 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.

ADX buy sell signal for Dhanalak Bnk stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Dhanalak Bnk in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Dhanalak Bnk Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 Dhanalak Bnk in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Dhanalak Bnk is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.58 and Dhanalak Bnk (DhanalakBnk) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Dhanalak Bnk (DhanalakBnk) stock. Volume based technical analysis of Dhanalak Bnk (DhanalakBnk) stock is negative.

Dhanalak Bnk Stock is giving positive 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.