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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 2024-09-11 View latest technical analysis

10 day averaged volume of Dhanalak Bnk is 132322

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	37.99	38.39	38.50	37.75	0.828 times
10 Tue Sep 2024	38.32	38.69	38.69	38.11	0.636 times
09 Mon Sep 2024	37.87	38.50	38.50	37.18	1.4 times
06 Fri Sep 2024	38.22	39.09	39.09	38.00	1.243 times
05 Thu Sep 2024	38.75	39.29	39.35	38.65	0.752 times
04 Wed Sep 2024	39.18	38.55	39.90	38.20	2.036 times
03 Tue Sep 2024	38.65	38.60	38.91	38.47	0.155 times
02 Mon Sep 2024	38.58	39.20	39.21	38.50	0.306 times
30 Fri Aug 2024	38.79	39.90	39.90	38.70	0.52 times
29 Thu Aug 2024	38.79	39.50	39.66	38.68	2.6 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.5, but if it comes above 38.5, then a intra day buy could be more profitable.
If you take a sell trade below 38.5, then use 38.5 as stoploss and 37.5 as target. However if you take a buy trade in stock , then use 38.5 as stoploss and 39.27 as target.

Share price targets for Dhanalak Bnk (DhanalakBnk)

Target Type	Value
Downside Target	37.18
Upside Target	39.89
Upside Target	39.90
Upside Target	40.00
Upside Target	40.86
Upside Target	41.00
Upside Target	43.25
Upside Target	45.00
Upside Target	45.82
Upside Target	46.18
Upside Target	47.00

Intraday share price targets for Dhanalak Bnk (DhanalakBnk)

Target Type	Value
Downside Intraday Target	37.22
Downside Intraday Target	36.44
Upside Intraday Target	38.73
Upside Intraday Target	39.46
Downside Intraday Target	37.95

Weekly technical analysis of Dhanalak Bnk (DhanalakBnk)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	37.99	38.50	38.69	37.18	0.638 times
06 Fri Sep 2024	38.22	39.20	39.90	38.00	0.611 times
30 Fri Aug 2024	38.79	40.30	40.86	38.68	0.3 times
23 Fri Aug 2024	40.22	40.76	41.00	39.89	3.21 times
16 Fri Aug 2024	40.17	40.23	43.25	38.89	0.801 times

Price has moved down 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
11 Wed Sep 2024	37.99	39.20	39.90	37.18	0.108 times
30 Fri Aug 2024	38.79	44.75	45.82	38.68	1.346 times
31 Wed Jul 2024	44.63	42.02	46.18	39.89	1.73 times
28 Fri Jun 2024	41.82	42.60	47.00	37.62	1.743 times

Scroll below to view daily charts

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 Dhanalak Bnk (DhanalakBnk)

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 Strong and stock is gaining momentum.

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

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Dhanalak Bnk in short term and SELL 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.57 and Dhanalak Bnk (DhanalakBnk) 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 Dhanalak Bnk (DhanalakBnk) stock. Volume based technical analysis of Dhanalak Bnk (DhanalakBnk) stock is negative.

Dhanalak Bnk 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.