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 2024-06-18 View latest technical analysis

10 day averaged volume of Bannari Amman is 6015

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	2919.75	3049.90	3200.95	2905.05	1.975 times
14 Fri Jun 2024	2959.45	2798.95	3048.80	2770.00	3.699 times
13 Thu Jun 2024	2744.75	2600.00	2796.95	2595.50	2.213 times
12 Wed Jun 2024	2581.15	2580.00	2648.60	2575.00	0.284 times
11 Tue Jun 2024	2605.20	2395.95	2635.00	2360.00	1.038 times
10 Mon Jun 2024	2394.25	2350.00	2514.40	2304.00	1.013 times
07 Fri Jun 2024	2328.30	2331.30	2370.00	2311.50	0.269 times
06 Thu Jun 2024	2306.40	2292.00	2342.15	2275.75	0.155 times
05 Wed Jun 2024	2262.45	2250.00	2302.00	2189.20	0.633 times
04 Tue Jun 2024	2247.40	2385.00	2423.70	2225.00	0.424 times

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 2898.9, for a target of 2670 or 2479.19

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	2697.00
Downside Target	2732.80
Downside Target	2848.85
Downside Target	2905.05
Upside Target	3048.80
Upside Target	3200.95

Intraday share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Intraday Target	2816.22
Downside Intraday Target	2712.68
Upside Intraday Target	3112.12
Upside Intraday Target	3304.48
Upside Intraday Target	3008.58

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	2919.75	3049.90	3200.95	2905.05	0.239 times
14 Fri Jun 2024	2959.45	2350.00	3048.80	2304.00	4.705 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

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
18 Tue Jun 2024	2919.75	2447.00	3200.95	2189.20	3.287 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, and volume has increased substantially. This means that the move can 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 to mid 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 mid to longer 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.

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 and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 but buying is losing 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 2735.92 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.