511473 NEWS why is Ind.bank Mer price falling or rising

511473 NEWS reasons for why stock price of Ind.bank Mer is falling or rising

511473 Ind Bank is falling or rising technical reasons

Technical analysis forecast of Ind Bank 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 Ind Bank 511473 at this time. Stock is rising and might rise more.

It appears as if Ind Bank 511473 gave a large move recently.

Stock of Ind Bank (511473) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Ind Bank is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 49.5 as stoploss in an intra day sell trade for a target of 47.02. However, stock will show a bullish move above 49.5.

511473 Ind Bank is falling or rising NEWS fundamental reasons

Punjab & Sind Bank raises Rs 3,000 cr from maiden infrastructure bonds State-owned Punjab & Sind Bank on Wednesday raised Rs 3,000 crore from issuance of maiden infrastructure bonds aimed at expanding infra lending. The bank received total bids of Rs 6,031 crore against the base issue size of Rs 500 crore, Punjab & Si - NEWS as on 2024-12-18 indiatimes.com

Grasim, Punjab & Sind Bank to issue Rs 5,000-cr bonds Grasim Industries, the flagship company of Aditya Birla Group, a conglomerate with 0-billion market capitalisation, is looking to raise ₹2,000 crore at a coupon rate of around 7.21%, the sources said. - NEWS as on 2024-12-18 indiatimes.com

More announcements and NEWS

511473 Ind.bank Mer current price & indicator signals

Moving Averages for Ind.bank Mer

  • 5Day Average: 47.82
  • 12Day Average: 48.14
  • 20Day Average: 46.84
  • 50Day Average: 45.21
  • 100Day Average: 47.05
  • 150Day Average: 47.87
  • 200Day Average: 47.75

511473 Indicators & signals

Indicator MACD (12,26,9)

47.63, 46.67, 0.94
Indicator MACD is in positive zone

Indicator ADX (14)

22.64, 28.26, 17.83
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 511473 Ind.bank Mer are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
20 Fri Dec 2024 48.59 47.38 to 50.69 1.23% 0.91 times
19 Thu Dec 2024 48.00 46.13 to 48.70 2.61% 0.57 times
18 Wed Dec 2024 46.78 46.66 to 48.45 -1.81% 0.7 times
17 Tue Dec 2024 47.64 46.90 to 48.17 -0.89% 0.51 times
16 Mon Dec 2024 48.07 47.47 to 49.00 -0.1% 0.67 times
13 Fri Dec 2024 48.12 46.37 to 48.57 1.31% 0.92 times
12 Thu Dec 2024 47.50 47.03 to 48.80 -1.82% 0.47 times
11 Wed Dec 2024 48.38 48.10 to 50.34 -1.97% 0.82 times
10 Tue Dec 2024 49.35 47.91 to 52.98 2.94% 4.72 times
09 Mon Dec 2024 47.94 46.00 to 49.20 -0.99% 0.22 times
06 Fri Dec 2024 48.42 48.35 to 49.85 -0.9% 0.4 times
05 Thu Dec 2024 48.86 48.54 to 50.79 -2.28% 1.01 times

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