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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 2024-04-05 View latest technical analysis

10 day averaged volume of Bannari Amman is 1746

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	2661.55	2609.15	2701.05	2565.05	2.391 times
04 Thu Apr 2024	2619.15	2514.75	2630.30	2500.90	1.612 times
03 Wed Apr 2024	2481.30	2418.90	2523.95	2392.40	1.95 times
02 Tue Apr 2024	2433.50	2386.90	2436.00	2366.00	0.594 times
01 Mon Apr 2024	2365.75	2303.00	2370.00	2303.00	0.648 times
28 Thu Mar 2024	2302.70	2358.90	2358.90	2295.00	0.897 times
27 Wed Mar 2024	2308.25	2390.00	2390.00	2283.80	1.538 times
26 Tue Mar 2024	2360.95	2353.00	2390.00	2351.10	0.732 times
22 Fri Mar 2024	2351.00	2395.00	2395.00	2319.05	0.646 times
21 Thu Mar 2024	2373.90	2370.50	2407.00	2350.05	0.722 times

Stock of Bannari Amman (BANARISUG) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2665.6, for a target of 2532.8 or 2422.13

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2250.00
Downside Target	2550.50
Downside Target	2600.00
Downside Target	2619.95
Upside Target	2697.00
Upside Target	2699.90
Upside Target	2701.05
Upside Target	2848.85

Intraday share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Intraday Target	2409.35
Downside Intraday Target	2157.15
Upside Intraday Target	2807.4
Upside Intraday Target	2953.25
Downside Intraday Target	2555.2

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
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
22 Fri Mar 2024	2351.00	2350.00	2407.00	2304.55	0.844 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bannari Amman (BANARISUG)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	2661.55	2303.00	2701.05	2303.00	0.476 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 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.

Price action analysis of Bannari Amman ( (BANARISUG) ) based on a short to mid 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.

Price action analysis of Bannari Amman ( (BANARISUG) ) based on a mid to longer 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.

ADX buy sell signal for Bannari Amman stock for short term is BUY. Signal strength is Strong and stock is gaining 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bannari Amman in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 2470.52 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 rising upwards.

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 is giving positive 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.