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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 2024-06-11 View latest technical analysis

10 day averaged volume of Bannari Amman is 2073

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	2605.20	2395.95	2635.00	2360.00	3.012 times
10 Mon Jun 2024	2394.25	2350.00	2514.40	2304.00	2.941 times
07 Fri Jun 2024	2328.30	2331.30	2370.00	2311.50	0.782 times
06 Thu Jun 2024	2306.40	2292.00	2342.15	2275.75	0.451 times
05 Wed Jun 2024	2262.45	2250.00	2302.00	2189.20	1.838 times
04 Tue Jun 2024	2247.40	2385.00	2423.70	2225.00	1.23 times
03 Mon Jun 2024	2355.35	2447.00	2447.00	2334.00	0.786 times
31 Fri May 2024	2376.35	2425.00	2425.00	2299.05	1.274 times
30 Thu May 2024	2403.50	2413.45	2425.00	2400.00	0.168 times
29 Wed May 2024	2411.00	2415.40	2425.00	2405.50	0.174 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 bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2621.9, for a target of 2513.1 or 2422.44

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2189.20
Downside Target	2250.00
Downside Target	2299.05
Downside Target	2395.10
Downside Target	2443.80
Downside Target	2547.00
Downside Target	2568.10
Upside Target	2635.00
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	2394.47
Downside Intraday Target	2183.73
Upside Intraday Target	2725.47
Upside Intraday Target	2845.73
Downside Intraday Target	2514.73

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	2605.20	2350.00	2635.00	2304.00	1.17 times
07 Fri Jun 2024	2328.30	2447.00	2447.00	2189.20	2.259 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

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
11 Tue Jun 2024	2605.20	2447.00	2635.00	2189.20	1.044 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 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 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 short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bannari Amman ( (BANARISUG) ) based on a mid to longer 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.

ADX buy sell signal for Bannari Amman stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bannari Amman in short term but the buy signal is initial and weak.

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 red color and prices are in or above the red 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 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 2399.97 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.