Overall Technical outlook

Price Summary

Indian Bank's stock skyrocketed 2.09% today, reflecting an stellarnding market day.
On 2025-05-30, Indian Bank's shares started at 604.0, peaked at 628.95, bottomed out at 597.65, and ended 2.09% up at 616.6, with 3775427 shares traded.
The stock's highest price in the past 52 weeks is 616.6, while its lowest price during the same period is 475.8.
Analysts' predictions indicate that INDIANB's future price will be between 600.0 and 735.0, with a mean price expectation of approximately 664.6.

Technicals

Support and Resistance: The price for INDIANB at 616.6 finds support at 611.5 and resistance at 611.5. This suggests a trading range, where 611.5 serves as a support level and 611.5 acts as a resistance point, potentially capping further gains.
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Support/Resistance for INDIANB


Aroon: AROON is pointing to a bullish trend, with the Aroon Up rising and the Aroon Oscillator staying high. This combination suggests that the price trend is likely to continue upward. The steady high reading of the Aroon Oscillator indicates strong bullish momentum, signaling that the market is likely to sustain its upward trajectory.
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Aroon chart for Indian Bank


Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Indian Bank. This suggests a period of market balance, where neither side is showing dominance.
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Bolinger Bands chart for Indian Bank


Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum.
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Parabolic Stop and Reverse chart for Indian Bank


Stochastic: The STOCHASTIC is currently in a neutral position for Indian Bank, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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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 wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend shows signs of weakening for INDIANB.
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Tripple SMA chart for Indian Bank


Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.