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Stock analysis Dhanlaxmi Bank Limited DHANBANK

More indepth analysis on MunafaSutra.com

Moving Averages for Dhanlaxmi Bank Limited

  • 5Day Average: 28.12
  • 12Day Average: 28.31
  • 20Day Average: 28.69
  • 50Day Average: 32.81
  • 100Day Average: 33.81
  • 150Day Average: 36.02
  • 200Day Average: 37.95

DHANBANK Indicators & signals

Indicator MACD (12,26,9)

28.54, 29.49, -1.28
Indicator MACD is in negative zone

Indicator ADX (14)

10.45, 20.69, 25.52
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 39
Indicator RSI is indicating selling pressure and stock might fall.

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

Date Close Range Change % Volume
13 Tue May 2025 30.09 29.56 to 30.27 4.37% 2.34 times
12 Mon May 2025 28.83 28.55 to 28.84 4.95% 0.96 times
09 Fri May 2025 27.47 25.91 to 28.56 0.99% 2.96 times
08 Thu May 2025 27.20 26.90 to 27.81 0.7% 0.68 times
07 Wed May 2025 27.01 26.50 to 27.41 -0.48% 0.62 times
06 Tue May 2025 27.14 27.14 to 28.69 -5.01% 0.78 times
05 Mon May 2025 28.57 28.24 to 29.00 0.11% 0.57 times
02 Fri May 2025 28.54 28.11 to 28.74 1.35% 0.53 times
30 Wed Apr 2025 28.16 28.10 to 29.09 -3.13% 0.51 times
29 Tue Apr 2025 29.07 28.90 to 29.85 1.47% 0.77 times
28 Mon Apr 2025 28.65 28.01 to 29.92 -1.04% 1.6 times
25 Fri Apr 2025 28.95 28.50 to 30.05 -2.85% 1.03 times

Technical analysis forecast of Dhanlaxmi Bank Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Dhanlaxmi Bank Limited DHANBANK at this time. Stock is rising and might rise more.

It appears as if Dhanlaxmi Bank Limited DHANBANK gave a large move recently.

Stock of Dhanlaxmi Bank Limited (DHANBANK) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Dhanlaxmi Bank Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Dhanlaxmi Bank Limited stays above 29.9, but if it comes below 29.9, then a intra day sell could be more profitable.
If you take a sell trade below 29.9, then use 29.9 as stoploss and 29.01 as target. However if you take a buy trade in Dhanlaxmi Bank Limited, then use 29.9 as stoploss and 31 as target.

More indepth analysis on MunafaSutra.com