Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-16 View latest technical analysis

10 day averaged volume of Bannari Amman is 1741

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	2636.95	2594.15	2660.00	2594.15	0.428 times
15 Mon Apr 2024	2591.30	2360.00	2610.60	2360.00	0.725 times
12 Fri Apr 2024	2579.45	2648.00	2649.00	2550.00	0.759 times
10 Wed Apr 2024	2620.30	2639.95	2652.05	2607.50	0.228 times
09 Tue Apr 2024	2626.85	2579.95	2665.00	2579.00	0.508 times
08 Mon Apr 2024	2644.15	2664.00	2711.45	2611.05	0.567 times
05 Fri Apr 2024	2661.55	2609.15	2701.05	2565.05	2.397 times
04 Thu Apr 2024	2619.15	2514.75	2630.30	2500.90	1.616 times
03 Wed Apr 2024	2481.30	2418.90	2523.95	2392.40	1.956 times
02 Tue Apr 2024	2433.50	2386.90	2436.00	2366.00	0.596 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2600.4, but if it comes below 2600.4, then a intra day sell could be more profitable.
If you take a sell trade below 2600.4, then use 2600.4 as stoploss and 2464.4 as target. However if you take a buy trade in stock , then use 2600.4 as stoploss and 2763.5 as target.

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2250.00
Downside Target	2550.00
Downside Target	2619.95
Upside Target	2660.00
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	2444.63
Downside Intraday Target	2252.32
Upside Intraday Target	2744.63
Upside Intraday Target	2852.32
Downside Intraday Target	2552.32

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	2636.95	2360.00	2660.00	2360.00	0.559 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
22 Fri Mar 2024	2351.00	2350.00	2407.00	2304.55	0.844 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
16 Tue Apr 2024	2636.95	2303.00	2711.45	2303.00	0.689 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 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 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 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 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 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

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 2588.19 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 positive

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