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(BANARISUG) Bannari Amman complete technical analysis [charts+indicators] | Buy/Sell Bannari Amman | (BANARISUG) share price targets

Complete technical analysis of Bannari Amman (BANARISUG) by charts plus indicators, forecast predictions and share price targets for Bannari Amman (BANARISUG)

Bannari Amman trades in NSE in Sugar sector.

10 day averaged volume of Bannari Amman is 869

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	2606.15	2630.00	2663.35	2580.00	0.747 times
25 Thu Apr 2024	2627.90	2590.00	2639.25	2590.00	0.896 times
24 Wed Apr 2024	2592.15	2554.00	2607.90	2540.00	1.012 times
23 Tue Apr 2024	2553.10	2555.35	2599.00	2500.70	1.052 times
22 Mon Apr 2024	2565.00	2589.90	2641.35	2552.00	1.062 times
19 Fri Apr 2024	2589.15	2600.00	2600.00	2551.25	0.253 times
18 Thu Apr 2024	2569.45	2636.55	2660.45	2550.00	1.437 times
16 Tue Apr 2024	2636.95	2594.15	2660.00	2594.15	0.858 times
15 Mon Apr 2024	2591.30	2360.00	2610.60	2360.00	1.452 times
12 Fri Apr 2024	2579.45	2648.00	2649.00	2550.00	1.52 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2656.4 as stoploss in an intra day sell trade for a target of 2548.71. However, stock will show a bullish move above 2656.4.

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2250.00
Downside Target	2441.80
Downside Target	2500.70
Upside Target	2619.95
Upside Target	2660.45
Upside Target	2663.35
Upside Target	2697.00
Upside Target	2699.90
Upside Target	2701.05
Upside Target	2711.45
Upside Target	2848.85

Intraday share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Intraday Target	2516.78
Downside Intraday Target	2427.42
Upside Intraday Target	2679.43
Upside Intraday Target	2752.72
Downside Intraday Target	2590.07

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	2606.15	2589.90	2663.35	2500.70	1.192 times
19 Fri Apr 2024	2589.15	2360.00	2660.45	2360.00	0.969 times
12 Fri Apr 2024	2579.45	2664.00	2711.45	2550.00	0.286 times
05 Fri Apr 2024	2661.55	2303.00	2701.05	2303.00	2.272 times
28 Thu Mar 2024	2302.70	2353.00	2390.00	2283.80	0.851 times

Price has moved up 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 Bannari Amman (BANARISUG)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	2606.15	2303.00	2711.45	2303.00	0.902 times
28 Thu Mar 2024	2302.70	2642.60	2697.00	2250.00	0.366 times
29 Thu Feb 2024	2626.20	2446.90	2848.85	2345.00	2.124 times
31 Wed Jan 2024	2414.35	2556.75	2619.95	2385.00	0.558 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 Bannari Amman (BANARISUG)

Price action analysis of Bannari Amman ( (BANARISUG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bannari Amman ( (BANARISUG) ) based on a short to mid 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 Bannari Amman ( (BANARISUG) ) 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 Bannari Amman stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bannari Amman in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bannari Amman Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 SELL signal for Bannari Amman in short term but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bannari Amman is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2587.98 and Bannari Amman (BANARISUG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Bannari Amman (BANARISUG) stock. Volume based technical analysis of Bannari Amman (BANARISUG) stock is negative.

Bannari Amman Stock has given negative returns over a short term period. Returns for a longer term period have been positive

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