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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.

Showing technical analysis as on 2024-03-11 View latest technical analysis

10 day averaged volume of Bannari Amman is 1536

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	2501.25	2589.95	2600.00	2483.20	0.784 times
07 Thu Mar 2024	2589.95	2555.00	2614.95	2555.00	0.516 times
06 Wed Mar 2024	2583.90	2639.95	2639.95	2550.50	0.623 times
05 Tue Mar 2024	2606.40	2655.45	2697.00	2575.05	0.758 times
04 Mon Mar 2024	2620.10	2578.35	2679.95	2578.00	1.621 times
02 Sat Mar 2024	2568.95	2582.10	2622.00	2551.05	0.138 times
01 Fri Mar 2024	2582.10	2642.60	2642.60	2572.45	0.662 times
29 Thu Feb 2024	2626.20	2608.70	2643.00	2581.00	0.749 times
28 Wed Feb 2024	2607.80	2714.25	2726.00	2595.00	1.475 times
27 Tue Feb 2024	2717.45	2743.80	2744.95	2668.55	1.078 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2515, but if it comes above 2515, then a intra day buy could be more profitable.
If you take a sell trade below 2515, then use 2515 as stoploss and 2411.4 as target. However if you take a buy trade in stock , then use 2515 as stoploss and 2601.32 as target.

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2345.00
Upside Target	2600.00
Upside Target	2619.95
Upside Target	2645.20
Upside Target	2697.00
Upside Target	2699.90
Upside Target	2800.00
Upside Target	2848.85

Intraday share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Intraday Target	2456.3
Downside Intraday Target	2411.35
Upside Intraday Target	2573.1
Upside Intraday Target	2644.95
Upside Intraday Target	2528.15

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	2501.25	2589.95	2600.00	2483.20	0.223 times
07 Thu Mar 2024	2589.95	2578.35	2697.00	2550.50	0.543 times
02 Sat Mar 2024	2568.95	2848.85	2848.85	2551.05	0.342 times
23 Fri Feb 2024	2776.90	2565.00	2800.00	2506.15	2.036 times
16 Fri Feb 2024	2537.65	2450.15	2555.00	2398.20	0.904 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 Bannari Amman (BANARISUG)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	2501.25	2642.60	2697.00	2483.20	0.109 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
29 Fri Dec 2023	2556.75	2475.00	2699.90	2441.80	2.604 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 Bannari Amman (BANARISUG)

Price action analysis of Bannari Amman ( (BANARISUG) ) 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 Bannari Amman ( (BANARISUG) ) 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 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 SELL signal for Bannari Amman in short term but the sell signal is initial and weak.

Bannari Amman 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bannari Amman in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2610.28 and Bannari Amman (BANARISUG) 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 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.