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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 2024-12-16 View latest technical analysis

10 day averaged volume of Dhanalak Bnk is 223391

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	40.02	40.05	41.55	39.75	1.055 times
13 Fri Dec 2024	39.86	39.11	39.96	38.30	1.738 times
12 Thu Dec 2024	39.23	36.60	39.65	36.46	1.783 times
11 Wed Dec 2024	36.98	37.05	37.57	36.62	0.152 times
10 Tue Dec 2024	37.03	38.14	38.14	36.80	0.144 times
09 Mon Dec 2024	37.56	38.08	38.25	37.29	0.594 times
06 Fri Dec 2024	38.08	38.00	39.15	37.13	1.107 times
05 Thu Dec 2024	37.64	39.07	39.42	37.43	1.419 times
04 Wed Dec 2024	38.29	34.67	39.00	34.11	2.331 times
03 Tue Dec 2024	33.97	33.87	34.15	33.32	0.207 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.2, but if it comes below 38.2, then a intra day sell could be more profitable.
If you take a sell trade below 38.2, then use 38.2 as stoploss and 34.99 as target. However if you take a buy trade in stock , then use 38.2 as stoploss and 42 as target.

Share price targets for Dhanalak Bnk (DhanalakBnk)

Target Type	Value
Downside Target	30.32
Downside Target	31.53
Downside Target	32.30
Downside Target	33.98
Downside Target	35.84
Downside Target	38.48
Downside Target	39.42
Downside Target	39.75
Downside Target	39.90
Downside Target	39.96
Upside Target	41.55
Upside Target	45.82

Intraday share price targets for Dhanalak Bnk (DhanalakBnk)

Target Type	Value
Downside Intraday Target	39.33
Downside Intraday Target	38.64
Upside Intraday Target	41.13
Upside Intraday Target	42.24
Upside Intraday Target	40.44

Weekly technical analysis of Dhanalak Bnk (DhanalakBnk)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	40.02	40.05	41.55	39.75	0.239 times
13 Fri Dec 2024	39.86	38.08	39.96	36.46	0.789 times
06 Fri Dec 2024	38.08	33.49	39.42	32.47	4.037 times
29 Fri Nov 2024	33.18	33.11	33.98	31.53	0.812 times
22 Fri Nov 2024	31.07	31.51	32.30	30.32	1.051 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
16 Mon Dec 2024	40.02	33.49	41.55	32.47	1.822 times
29 Fri Nov 2024	33.18	35.00	35.84	30.32	0.528 times
31 Thu Oct 2024	34.92	37.62	38.48	32.97	1.099 times
30 Mon Sep 2024	37.79	39.20	39.90	36.53	0.26 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Dhanalak Bnk ( (DhanalakBnk) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Dhanalak Bnk ( (DhanalakBnk) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Dhanalak Bnk ( (DhanalakBnk) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Dhanalak Bnk stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Dhanalak Bnk in short term and the buy signal is strong.

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

Dhanalak Bnk Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 38.61 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 rising upwards.

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 positive

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