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Dhanlaxmi Bank Limited

DHANBANK.BO Technical Analysis Summary (BSE)

Analyze DHANBANK.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DHANBANK.BO●BSE
Financial ServicesBanks - Regional
₹40.49
₹6.73(19.93%)
Indian Market opens in 61h 32m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DHANBANK.BO Technical Analysis Summary (BSE)

Dhanlaxmi Bank Limited (BSE: DHANBANK.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 60.04)
Trend Strength:Moderate (ADX: 20.21)
Volatility:Medium (ATR: 1.78)
Support/Resistance:$29.54 – $37.42 (Bollinger Bands)

Technical conditions suggest Dhanlaxmi Bank Limited on the BSE is awaiting a decisive move. Overall, Dhanlaxmi Bank Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 60.04

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 52.22

Neutral
Mid-range signal with no clear trend.

Williams %R: -29.21

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -5.83

Strongly Bearish
Sharp downside momentum.

Takeaway:Dhanlaxmi Bank Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.41

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.21

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.78

Low
Low volatility, stable price action.

CCI (14): 130.59

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Dhanlaxmi Bank Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$37.42
Middle Band (SMA 20)
$33.48
Lower Band
$29.54
Current Position
Above Upper Band

Takeaway:Dhanlaxmi Bank Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$36.45
Middle Line (EMA 20)
$32.89
Lower Channel
$29.33
Squeeze Status
No Squeeze

Takeaway:Dhanlaxmi Bank Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume2.14M
Money Flow Index32.47Bearish, selling pressure outweighs inflows.
Relative Vigor Index62.07Bullish, price momentum strongly favors buyers.

Overall Takeaway:DHANBANK.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Dhanlaxmi Bank Limited (BSE: DHANBANK.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Dhanlaxmi Bank Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(BSE: DHANBANK.BO) Technical Analysis FAQ