Is INDBANK MERCHANT BANKING SERVICES in uptrend or downtrend?

In the short term price movements in INDBANK share indicates the market is rangebound, with bulls trying to absorb excessive supply.

What are INDBANK MERCHANT BANKING SERVICES support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Indbank Merchant Banking Services Limited in the short-term, the supply zone around 35 and 40. Hence, good chances of resistance around 40. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Indbank Merchant Banking Services Limited share is around 32 and 30. Hence, good chances for support around 30.

Why is INDBANK MERCHANT BANKING SERVICES share price falling today?

Perhaps INDBANK stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

INDBANK MERCHANT BANKING SERVICES Share Price | Forecast Analysis

Q: What is INDBANK MERCHANT BANKING SERVICES share price forecast for tomorrow?

In Indbank Merchant Banking Services Limited stock current resistance level is at 35 and support level is at 32. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Sideways.

Analyzing Market Data

Analyzing Market Data