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(BANARBEADS) Banaras Beads complete technical analysis [charts+indicators] | Buy/Sell Banaras Beads | (BANARBEADS) share price targets

Complete technical analysis of Banaras Beads (BANARBEADS) by charts plus indicators, forecast predictions and share price targets for Banaras Beads (BANARBEADS)

Banaras Beads trades in NSE in Other Apparels & Accessories sector.

Showing technical analysis as on 2024-03-07 View latest technical analysis

10 day averaged volume of Banaras Beads is 13283

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	100.00	102.20	102.20	99.35	0.566 times
06 Wed Mar 2024	100.55	102.15	103.50	100.40	1.384 times
05 Tue Mar 2024	100.75	102.60	102.65	100.50	0.829 times
04 Mon Mar 2024	100.50	102.05	102.05	100.50	0.792 times
02 Sat Mar 2024	102.05	101.90	104.20	100.50	0.141 times
01 Fri Mar 2024	100.55	100.35	103.00	99.15	0.863 times
29 Thu Feb 2024	99.80	101.95	103.90	97.55	0.575 times
28 Wed Feb 2024	101.50	102.80	104.90	100.00	2.152 times
27 Tue Feb 2024	102.25	104.00	106.00	102.00	0.807 times
26 Mon Feb 2024	103.95	103.10	107.30	103.00	1.314 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 100.6, but if it comes above 100.6, then a intra day buy could be more profitable.
If you take a sell trade below 100.6, then use 100.6 as stoploss and 98.9 as target. However if you take a buy trade in stock , then use 100.6 as stoploss and 101.97 as target.

Share price targets for Banaras Beads (BANARBEADS)

Target Type	Value
Downside Target	90.30
Downside Target	93.60
Downside Target	97.00
Upside Target	104.20
Upside Target	106.45
Upside Target	107.30
Upside Target	109.00
Upside Target	112.45
Upside Target	119.95

Intraday share price targets for Banaras Beads (BANARBEADS)

Target Type	Value
Downside Intraday Target	98.4
Downside Intraday Target	96.8
Upside Intraday Target	102.55
Upside Intraday Target	105.1
Upside Intraday Target	100.95

Weekly technical analysis of Banaras Beads (BANARBEADS)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	100.00	102.05	103.50	99.35	0.61 times
02 Sat Mar 2024	102.05	103.10	107.30	97.55	0.669 times
23 Fri Feb 2024	103.80	102.00	107.30	101.30	0.89 times
16 Fri Feb 2024	101.95	105.90	109.00	97.35	0.186 times
09 Fri Feb 2024	107.00	105.65	119.95	103.20	3.1 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Banaras Beads (BANARBEADS)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	100.00	100.35	104.20	99.15	0.056 times
29 Thu Feb 2024	99.80	104.00	119.95	97.35	0.895 times
31 Wed Jan 2024	104.50	94.60	112.45	93.60	1.307 times
29 Fri Dec 2023	95.60	92.00	106.45	90.95	2.224 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Banaras Beads (BANARBEADS)

Price action analysis of Banaras Beads ( (BANARBEADS) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Banaras Beads ( (BANARBEADS) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Banaras Beads ( (BANARBEADS) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Banaras Beads ( (BANARBEADS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Banaras Beads stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Banaras Beads in short term and the sell signal is strong.

Banaras Beads Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Banaras Beads in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Banaras Beads is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 101.34 and Banaras Beads (BANARBEADS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Banaras Beads (BANARBEADS) stock. Volume based technical analysis of Banaras Beads (BANARBEADS) stock is negative.

Banaras Beads Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.