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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 2024-07-22 View latest technical analysis

10 day averaged volume of Bannari Amman is 5255

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	3156.60	3090.00	3183.80	3088.05	0.414 times
19 Fri Jul 2024	3084.85	3231.75	3231.75	3075.00	0.944 times
18 Thu Jul 2024	3199.75	3295.05	3300.65	3192.35	0.687 times
16 Tue Jul 2024	3295.05	3369.90	3398.90	3272.10	0.673 times
15 Mon Jul 2024	3336.55	3393.15	3410.00	3325.00	0.4 times
12 Fri Jul 2024	3393.15	3410.00	3461.40	3350.10	0.879 times
11 Thu Jul 2024	3392.45	3166.15	3489.90	3148.05	3.43 times
10 Wed Jul 2024	3166.15	3268.00	3323.95	3132.05	0.635 times
09 Tue Jul 2024	3265.60	3147.10	3282.90	3100.00	1.427 times
08 Mon Jul 2024	3116.60	3198.90	3198.90	3100.00	0.509 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 3119.3 as stoploss in an intra day buy trade for a target of 3212.13. However, stock will show a bearish move below 3119.3.

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2189.20
Downside Target	2250.00
Downside Target	2299.05
Downside Target	2697.00
Downside Target	3040.65
Upside Target	3183.80
Upside Target	3241.00
Upside Target	3399.00
Upside Target	3410.00
Upside Target	3489.90

Intraday share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Intraday Target	3101.83
Downside Intraday Target	3047.07
Upside Intraday Target	3197.58
Upside Intraday Target	3238.57
Downside Intraday Target	3142.82

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	3156.60	3090.00	3183.80	3088.05	0.153 times
19 Fri Jul 2024	3084.85	3393.15	3410.00	3075.00	0.393 times
12 Fri Jul 2024	3393.15	3198.90	3489.90	3100.00	2.731 times
05 Fri Jul 2024	3185.80	3180.00	3241.00	3060.00	0.333 times
28 Fri Jun 2024	3142.95	3110.00	3399.00	3040.65	0.815 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
22 Mon Jul 2024	3156.60	3180.00	3489.90	3060.00	0.443 times
28 Fri Jun 2024	3142.95	2447.00	3399.00	2189.20	6.782 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

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 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 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

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

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 SELL. Signal strength is Weak and stock is losing momentum.

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

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 green color and prices are in or below 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 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 3285.14 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.