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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 2024-03-19 View latest technical analysis

10 day averaged volume of Bannari Amman is 1413

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	2317.70	2395.00	2395.00	2304.55	1.372 times
18 Mon Mar 2024	2367.85	2350.00	2395.00	2322.70	0.721 times
15 Fri Mar 2024	2306.45	2419.15	2430.95	2250.00	1.331 times
14 Thu Mar 2024	2419.05	2252.00	2434.80	2252.00	1.125 times
13 Wed Mar 2024	2328.40	2436.95	2447.00	2301.00	1.188 times
12 Tue Mar 2024	2431.10	2504.10	2530.90	2401.30	0.955 times
11 Mon Mar 2024	2501.25	2589.95	2600.00	2483.20	0.852 times
07 Thu Mar 2024	2589.95	2555.00	2614.95	2555.00	0.561 times
06 Wed Mar 2024	2583.90	2639.95	2639.95	2550.50	0.677 times
05 Tue Mar 2024	2606.40	2655.45	2697.00	2575.05	0.824 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2411.5, but if it comes above 2411.5, then a intra day buy could be more profitable.
If you take a sell trade below 2411.5, then use 2411.5 as stoploss and 2240.6 as target. However if you take a buy trade in stock , then use 2411.5 as stoploss and 2553.89 as target.

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2250.00
Downside Target	2304.55
Upside Target	2506.15
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	2283.17
Downside Intraday Target	2248.63
Upside Intraday Target	2373.62
Upside Intraday Target	2429.53
Upside Intraday Target	2339.08

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	2317.70	2350.00	2395.00	2304.55	0.384 times
15 Fri Mar 2024	2306.45	2589.95	2600.00	2250.00	1.425 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

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
19 Tue Mar 2024	2317.70	2642.60	2697.00	2250.00	0.24 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 Bannari Amman stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bannari Amman in short term and the sell signal is strong.

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 red color and prices are below the red 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 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 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 2420.09 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 negative.

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