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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 2024-05-29 View latest technical analysis

10 day averaged volume of Bannari Amman is 882

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	2411.00	2415.40	2425.00	2405.50	0.408 times
28 Tue May 2024	2439.70	2424.30	2443.80	2395.30	0.84 times
27 Mon May 2024	2411.70	2443.80	2443.80	2405.55	0.655 times
24 Fri May 2024	2431.55	2421.20	2449.00	2395.10	2.706 times
23 Thu May 2024	2449.50	2464.45	2493.90	2399.95	1.736 times
22 Wed May 2024	2465.90	2484.55	2504.40	2399.00	1.926 times
21 Tue May 2024	2490.05	2547.00	2547.00	2480.55	0.602 times
18 Sat May 2024	2524.55	2530.30	2551.00	2462.05	0.269 times
17 Fri May 2024	2530.30	2534.15	2544.00	2511.15	0.219 times
16 Thu May 2024	2517.40	2485.25	2568.10	2485.25	0.342 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2440.8, but if it comes above 2440.8, then a intra day buy could be more profitable.
If you take a sell trade below 2440.8, then use 2440.8 as stoploss and 2362.9 as target. However if you take a buy trade in stock , then use 2440.8 as stoploss and 2505.68 as target.

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2250.00
Downside Target	2303.00
Upside Target	2443.80
Upside Target	2547.00
Upside Target	2568.10
Upside Target	2619.95
Upside Target	2648.35
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	2389.6
Downside Intraday Target	2368.2
Upside Intraday Target	2438.1
Upside Intraday Target	2465.2
Upside Intraday Target	2416.7

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	2411.00	2443.80	2443.80	2395.30	0.273 times
24 Fri May 2024	2431.55	2547.00	2547.00	2395.10	2.838 times
18 Sat May 2024	2524.55	2537.00	2568.10	2452.50	0.519 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

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
29 Wed May 2024	2411.00	2660.90	2732.80	2395.10	0.724 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 2451.54 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 negative.

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