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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 2024-08-16 View latest technical analysis

10 day averaged volume of Bannari Amman is 3159

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	3077.40	3076.35	3155.95	3061.45	0.98 times
14 Wed Aug 2024	3067.20	3097.45	3131.90	3045.15	0.472 times
13 Tue Aug 2024	3094.70	3105.30	3158.95	3072.00	0.725 times
12 Mon Aug 2024	3105.30	3197.30	3197.30	3081.05	0.955 times
09 Fri Aug 2024	3154.75	3225.20	3250.00	3121.30	0.996 times
08 Thu Aug 2024	3182.25	3165.00	3216.45	3115.05	0.656 times
07 Wed Aug 2024	3250.45	3155.30	3255.00	3154.60	0.453 times
06 Tue Aug 2024	3148.55	3150.00	3287.00	3125.00	1.369 times
05 Mon Aug 2024	3183.65	3081.00	3284.80	3011.90	2.87 times
02 Fri Aug 2024	3159.95	3197.00	3197.00	3100.00	0.732 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3092.5, but if it comes above 3092.5, then a intra day buy could be more profitable.
If you take a sell trade below 3092.5, then use 3092.5 as stoploss and 3030.3 as target. However if you take a buy trade in stock , then use 3092.5 as stoploss and 3144.3 as target.

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2189.20
Downside Target	2299.05
Downside Target	2711.45
Downside Target	3010.10
Upside Target	3197.30
Upside Target	3200.00
Upside Target	3287.00
Upside Target	3300.00
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	3015.93
Downside Intraday Target	2954.47
Upside Intraday Target	3168.08
Upside Intraday Target	3258.77
Upside Intraday Target	3106.62

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	3077.40	3197.30	3197.30	3045.15	0.494 times
09 Fri Aug 2024	3154.75	3081.00	3287.00	3011.90	1.109 times
02 Fri Aug 2024	3159.95	3132.40	3300.00	3100.00	1.101 times
26 Fri Jul 2024	3107.40	3090.00	3200.00	3010.10	1.155 times
19 Fri Jul 2024	3084.85	3393.15	3410.00	3075.00	0.393 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
16 Fri Aug 2024	3077.40	3230.90	3287.00	3011.90	0.372 times
31 Wed Jul 2024	3209.40	3180.00	3489.90	3010.10	0.628 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

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 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 Strong 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 3148.06 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.