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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 2024-05-02 View latest technical analysis

10 day averaged volume of Bannari Amman is 874

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	2696.35	2660.90	2725.00	2650.35	2.032 times
30 Tue Apr 2024	2650.35	2628.25	2659.05	2613.05	0.891 times
29 Mon Apr 2024	2594.70	2563.45	2659.00	2563.45	1.834 times
26 Fri Apr 2024	2606.15	2630.00	2663.35	2580.00	0.743 times
25 Thu Apr 2024	2627.90	2590.00	2639.25	2590.00	0.891 times
24 Wed Apr 2024	2592.15	2554.00	2607.90	2540.00	1.006 times
23 Tue Apr 2024	2553.10	2555.35	2599.00	2500.70	1.046 times
22 Mon Apr 2024	2565.00	2589.90	2641.35	2552.00	1.056 times
19 Fri Apr 2024	2589.15	2600.00	2600.00	2551.25	0.252 times
18 Thu Apr 2024	2569.45	2636.55	2660.45	2550.00	1.429 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2655.2, but if it comes below 2655.2, then a intra day sell could be more profitable.
If you take a sell trade below 2655.2, then use 2655.2 as stoploss and 2596.94 as target. However if you take a buy trade in stock , then use 2655.2 as stoploss and 2725.2 as target.

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2250.00
Downside Target	2303.00
Downside Target	2500.70
Downside Target	2619.95
Downside Target	2663.35
Upside Target	2697.00
Upside Target	2701.05
Upside Target	2711.45
Upside Target	2725.00
Upside Target	2848.85

Intraday share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Intraday Target	2598.2
Downside Intraday Target	2500.05
Upside Intraday Target	2759.75
Upside Intraday Target	2823.15
Downside Intraday Target	2661.6

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	2696.35	2563.45	2725.00	2563.45	1.003 times
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

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
02 Thu May 2024	2696.35	2660.90	2725.00	2650.35	0.068 times
30 Tue Apr 2024	2650.35	2303.00	2711.45	2303.00	0.992 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

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 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 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 BUY. Signal strength is Weak 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 2610.74 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.