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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 2024-05-13 View latest technical analysis

10 day averaged volume of Bannari Amman is 1196

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	2488.50	2537.00	2538.65	2476.60	0.391 times
10 Fri May 2024	2504.80	2537.00	2537.00	2498.10	0.409 times
09 Thu May 2024	2504.60	2563.00	2563.00	2501.00	0.398 times
08 Wed May 2024	2535.45	2490.10	2549.90	2490.10	0.51 times
07 Tue May 2024	2531.60	2554.80	2573.45	2515.50	0.634 times
06 Mon May 2024	2539.20	2645.00	2648.35	2510.00	1.542 times
03 Fri May 2024	2606.55	2732.80	2732.80	2549.55	2.49 times
02 Thu May 2024	2696.35	2660.90	2725.00	2650.35	1.485 times
30 Tue Apr 2024	2650.35	2628.25	2659.05	2613.05	0.651 times
29 Mon Apr 2024	2594.70	2563.45	2659.00	2563.45	1.34 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2526.8, but if it comes above 2526.8, then a intra day buy could be more profitable.
If you take a sell trade below 2526.8, then use 2526.8 as stoploss and 2465.2 as target. However if you take a buy trade in stock , then use 2526.8 as stoploss and 2578.14 as target.

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2250.00
Downside Target	2303.00
Downside Target	2476.60
Upside Target	2619.95
Upside Target	2648.35
Upside Target	2660.45
Upside Target	2663.35
Upside Target	2697.00
Upside Target	2711.45
Upside Target	2732.80
Upside Target	2848.85

Intraday share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Intraday Target	2463.85
Downside Intraday Target	2439.2
Upside Intraday Target	2525.9
Upside Intraday Target	2563.3
Upside Intraday Target	2501.25

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	2488.50	2537.00	2538.65	2476.60	0.112 times
10 Fri May 2024	2504.80	2645.00	2648.35	2490.10	0.585 times
03 Fri May 2024	2606.55	2563.45	2732.80	2549.55	1.722 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

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
13 Mon May 2024	2488.50	2660.90	2732.80	2476.60	0.359 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 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 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 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 2589.29 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.