Free Renko charts Indbank Merch Bank INDBANK_BE share NSE Stock Exchange

Stock INDBANK_BE - Share Indbank Merch Bank trades in NSE

Daily Support: 39.1
Daily Resistance: 41.25
5 Day Moving Average is 37.86
20 Day Moving Average is 36.09

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Fri 22 Dec 2023	4.83%	38.55	40.15	40.20	38.05	2.74 times
Thu 21 Dec 2023	4.64%	36.05	38.30	38.40	35.25	3.33 times
Wed 20 Dec 2023	-2.66%	38.00	36.60	38.50	36.00	2.1 times
Tue 19 Dec 2023	2.59%	36.55	37.60	38.10	36.55	1.78 times
Mon 18 Dec 2023	3.39%	35.75	36.65	37.00	35.50	1.48 times
Fri 15 Dec 2023	0%	35.20	35.45	35.90	35.10	0.61 times
Thu 14 Dec 2023	-0.14%	35.95	35.45	36.35	35.10	0.53 times
Wed 13 Dec 2023	1.28%	35.40	35.50	35.75	34.50	0.77 times
Tue 12 Dec 2023	0%	35.55	35.05	35.70	34.80	1.55 times
Mon 11 Dec 2023	3.7%	33.90	35.05	35.40	33.70	1.24 times

Renko Charts for Indbank Merch Bank INDBANK_BE

Japanese style Renko charts are best suited to quickly find trend of a stock.

A series of dark color boxes on renko charts is a sign of a downtrend in a stock. Traders might want to sell at a dark box. MunafaSutra uses Blue color to depict dark box on renko charts.

A series of light color boxes on renko charts is a sign of an uptrend in a stock. Traders might want to buy at a light box. MunafaSutra uses white color to depict light box on renko charts.