A strong rally on the cardsDhanlaxmi CMP 24.17
The stock has halved from the highs and is again offering an opportunity. The current zone is a fib confluence one and also supported by trendline. RSI on the weekly and Monthly chart is above the bull zone. All these factors are very positive.
Elliott- The stock rallied from
2.21 INR
666.40 M INR
14.89 B INR
290.09 M
About DHANLAXMI BANK LTD
Sector
Industry
CEO
Ajith Kumar K. K.
Website
Headquarters
Thrissur
Founded
1927
ISIN
INE680A01011
FIGI
BBG000BXGCZ2
Dhanlaxmi Bank Ltd. engages in the provision of banking and financial services. It operates through the following segments: Treasury Operations, Corporate and Wholesale Banking, Retail Banking, and Other Banking Business Operations. The company was founded on November 14, 1927 and is headquartered in Thrissur, India.
Dhanlaxmi bank - On your marksThis stock has following attributes after reversal
1) Price > 50 DMA
2) 50 DMA about to cross over 200 DMA.
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone and has crossed 50 DMA from bottom
5) ADX > 25 and rising - Momentum increasing
6) Consistently making daily high higher then previous
Dhanlaxmi Bank cmp 38.05 by Monthly Chart view since listedDhanlaxmi Bank cmp 38.05 by Monthly Chart view since listed
- Price Band 30 to 34 Support Zone
- Price Band 46 to 51 Resistance Zone
- Falling Resistance Trendline Breakout done and seems sustained
- Weekly basis Support at 27 > 17 > ATL 7.15 with the Resistance at 49 > 59 > 69
- Stock Price has h
Breakout of 5 Years consolidation.The stock has corrected drastically from 212 and consolidated for a period of five year in the range of 8 to 24.
Now, it has given a breakout and can give multifold returns.
CMP : 30
SL : 17
Target : 44/62/72/125
Stay invested.
Kindly note that I am not a SEBI registered analyst. Perform your own a
Dhanlaxmi Bank Limited - Long Setup, Move is ON...#DHANBANK trading above Resistance of 44
Next Resistance is at 59
Support is at 36
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Fantastic Pre-Breakout Trade Opportunity-DHANBANKThe stock has displayed a strong upward trend, showcasing an impressive run before entering a consolidation phase lasting approximately 3 months. Throughout this period, the 50-day Simple Moving Average (SMA) has acted as a robust support level, indicating a solid foundation for potential bullish mo
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of DHANBANK is 29.85 INR — it has increased by 0.13% in the past 24 hours. Watch DHANLAXMI BANK LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange DHANLAXMI BANK LTD stocks are traded under the ticker DHANBANK.
DHANBANK stock has risen by 0.66% compared to the previous week, the month change is a 3.96% rise, over the last year DHANLAXMI BANK LTD has showed a −16.72% decrease.
DHANBANK reached its all-time high on Oct 28, 2010 with the price of 172.09 INR, and its all-time low was 5.80 INR and was reached on Mar 26, 2020. View more price dynamics on DHANBANK chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
DHANBANK stock is 2.83% volatile and has beta coefficient of 1.35. Track DHANLAXMI BANK LTD stock price on the chart and check out the list of the most volatile stocks — is DHANLAXMI BANK LTD there?
Today DHANLAXMI BANK LTD has the market capitalization of 12.01 B, it has increased by 11.32% over the last week.
Yes, you can track DHANLAXMI BANK LTD financials in yearly and quarterly reports right on TradingView.
DHANBANK net income for the last quarter is 289.80 M INR, while the quarter before that showed 198.50 M INR of net income which accounts for 45.99% change. Track more DHANLAXMI BANK LTD financial stats to get the full picture.
No, DHANBANK doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, DHANBANK shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade DHANLAXMI BANK LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So DHANLAXMI BANK LTD technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating DHANLAXMI BANK LTD stock shows the buy signal. See more of DHANLAXMI BANK LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.