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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.

10 day averaged volume of Banaras Beads is 4994

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 47.35 47.75 48.75 46.95 0.288 times
13 Tue Apr 2021 47.50 47.45 48.00 47.25 0.184 times
12 Mon Apr 2021 46.25 50.00 50.50 46.00 0.992 times
09 Fri Apr 2021 49.00 48.30 51.00 48.30 1.544 times
08 Thu Apr 2021 49.65 50.10 50.10 48.30 1.056 times
07 Wed Apr 2021 48.15 48.35 50.65 47.20 0.815 times
06 Tue Apr 2021 49.00 50.55 50.60 49.00 0.277 times
05 Mon Apr 2021 49.15 51.75 51.75 48.35 1.889 times
01 Thu Apr 2021 50.30 50.85 51.50 49.30 1.009 times
31 Wed Mar 2021 49.70 50.90 50.90 48.65 1.14 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.6, but if it comes above 47.6, then a intra day buy could be more profitable.
If you take a sell trade below 47.6, then use 47.6 as stoploss and 44.4 as target. However if you take a buy trade in stock , then use 47.6 as stoploss and 50.18 as target.

Share price targets for Banaras Beads (BANARBEADS)

Target Type Value
Downside Target 43.95
Downside Target 46.00
Downside Target 47.20
Upside Target 50.20
Upside Target 52.15
Upside Target 55.50
Upside Target 56.15
Upside Target 57.90
Upside Target 59.25
Upside Target 60.00
Upside Target 62.00
Upside Target 64.50

Intraday share price targets for Banaras Beads (BANARBEADS)

Target Type Value
Downside Intraday Target 45.4
Downside Intraday Target 43.45
Upside Intraday Target 49.9
Upside Intraday Target 52.45
Upside Intraday Target 47.95

Weekly technical analysis of Banaras Beads (BANARBEADS)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 47.35 50.00 50.50 46.00 0.262 times
09 Fri Apr 2021 49.00 51.75 51.75 47.20 1.721 times
01 Thu Apr 2021 50.30 51.00 51.50 47.45 0.216 times
26 Fri Mar 2021 50.20 52.30 55.50 43.95 1.601 times
19 Fri Mar 2021 51.85 56.00 57.90 50.20 0.934 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
15 Thu Apr 2021 47.35 50.85 51.75 46.00 0.168 times
31 Wed Mar 2021 49.70 59.25 59.25 43.95 1.361 times
25 Thu Feb 2021 58.45 59.35 60.00 52.15 0.31 times
29 Fri Jan 2021 58.15 57.00 64.50 56.15 0.771 times

Scroll below to view daily charts

Price has moved down 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)

Indicator Name Indicator Value Indicator Signal
ADX 14, 24, 28 Sell
MACD -4, -3Sell
Stochastics 17Sell
CCI -98Buy
RSI 49Sell
OBV 5137Sell
VWAP 49Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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

ADX buy sell signal for Banaras Beads stock for short term is SELL. Signal strength is Strong 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 in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Banaras Beads in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.88 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.

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Daily charts

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