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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 2024-05-14 View latest technical analysis

10 day averaged volume of Bannari Amman is 1178

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue May 2024	2536.95	2486.55	2563.95	2484.85	0.293 times
13 Mon May 2024	2488.50	2537.00	2538.65	2476.60	0.397 times
10 Fri May 2024	2504.80	2537.00	2537.00	2498.10	0.415 times
09 Thu May 2024	2504.60	2563.00	2563.00	2501.00	0.404 times
08 Wed May 2024	2535.45	2490.10	2549.90	2490.10	0.518 times
07 Tue May 2024	2531.60	2554.80	2573.45	2515.50	0.643 times
06 Mon May 2024	2539.20	2645.00	2648.35	2510.00	1.565 times
03 Fri May 2024	2606.55	2732.80	2732.80	2549.55	2.528 times
02 Thu May 2024	2696.35	2660.90	2725.00	2650.35	1.508 times
30 Tue Apr 2024	2650.35	2628.25	2659.05	2613.05	0.661 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2523.9 as stoploss in an intra day buy trade for a target of 2576.01. However, stock will show a bearish move below 2523.9.

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	2487.72
Downside Intraday Target	2438.48
Upside Intraday Target	2575.07
Upside Intraday Target	2613.18
Downside Intraday Target	2525.83

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue May 2024	2536.95	2537.00	2563.95	2476.60	0.195 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 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
14 Tue May 2024	2536.95	2660.90	2732.80	2476.60	0.373 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

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 2586.75 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.