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 2024-06-05 View latest technical analysis

10 day averaged volume of Bannari Amman is 1446

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	2262.45	2250.00	2302.00	2189.20	2.635 times
04 Tue Jun 2024	2247.40	2385.00	2423.70	2225.00	1.763 times
03 Mon Jun 2024	2355.35	2447.00	2447.00	2334.00	1.127 times
31 Fri May 2024	2376.35	2425.00	2425.00	2299.05	1.826 times
30 Thu May 2024	2403.50	2413.45	2425.00	2400.00	0.241 times
29 Wed May 2024	2411.00	2415.40	2425.00	2405.50	0.249 times
28 Tue May 2024	2439.70	2424.30	2443.80	2395.30	0.512 times
27 Mon May 2024	2411.70	2443.80	2443.80	2405.55	0.4 times
24 Fri May 2024	2431.55	2421.20	2449.00	2395.10	1.651 times
23 Thu May 2024	2449.50	2464.45	2493.90	2399.95	1.059 times

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

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2264.6, for a target of 2361.6 or 2442.47

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2189.20
Downside Target	2250.00
Upside Target	2299.05
Upside Target	2395.10
Upside Target	2443.80
Upside Target	2547.00
Upside Target	2568.10
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	2152.1
Downside Intraday Target	2041.75
Upside Intraday Target	2409.9
Upside Intraday Target	2557.35
Upside Intraday Target	2299.55

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	2262.45	2447.00	2447.00	2189.20	1.711 times
31 Fri May 2024	2376.35	2443.80	2443.80	2299.05	0.759 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bannari Amman (BANARISUG)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	2262.45	2447.00	2447.00	2189.20	0.365 times
31 Fri May 2024	2376.35	2660.90	2732.80	2299.05	0.838 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Bannari Amman in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 2348.37 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.