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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 2024-10-21 View latest technical analysis

10 day averaged volume of Bannari Amman is 3127

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	3700.55	3776.85	3788.35	3700.00	0.475 times
18 Fri Oct 2024	3760.85	3724.50	3792.95	3700.00	0.453 times
17 Thu Oct 2024	3716.85	3803.65	3803.65	3700.00	0.574 times
16 Wed Oct 2024	3787.20	3878.00	3899.95	3770.10	0.501 times
15 Tue Oct 2024	3896.60	3785.00	3950.00	3701.00	1.16 times
14 Mon Oct 2024	3819.65	3850.00	3993.00	3753.50	1.038 times
11 Fri Oct 2024	3817.75	3938.00	3949.00	3777.00	1.17 times
10 Thu Oct 2024	3888.15	3750.00	3900.00	3702.20	2.793 times
09 Wed Oct 2024	3706.25	3725.60	3740.90	3700.00	0.408 times
08 Tue Oct 2024	3727.00	3655.00	3749.95	3655.00	0.482 times

My analysis of stock is bearish for shortterm, and stock might move down till 3592.3 or till 3456.4. Use a stoploss of 3705.6 and if the stock hits stoploss, then it can shoot up till 3818.88

Share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Target	2189.20
Downside Target	3010.10
Downside Target	3191.10
Downside Target	3268.05
Downside Target	3399.00
Downside Target	3600.00
Upside Target	3740.00
Upside Target	3788.35
Upside Target	3800.00
Upside Target	3949.00
Upside Target	3993.00

Intraday share price targets for Bannari Amman (BANARISUG)

Target Type	Value
Downside Intraday Target	3670.92
Downside Intraday Target	3641.28
Upside Intraday Target	3759.27
Upside Intraday Target	3817.98
Upside Intraday Target	3729.63

Weekly technical analysis of Bannari Amman (BANARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	3700.55	3776.85	3788.35	3700.00	0.128 times
18 Fri Oct 2024	3760.85	3850.00	3993.00	3700.00	0.594 times
11 Fri Oct 2024	3817.75	3789.95	3949.00	3655.00	0.989 times
04 Fri Oct 2024	3754.05	3669.00	3800.00	3600.00	0.335 times
27 Fri Sep 2024	3619.90	3316.00	3740.00	3268.05	4.603 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
21 Mon Oct 2024	3700.55	3725.20	3993.00	3618.00	0.363 times
30 Mon Sep 2024	3709.15	3383.45	3740.00	3191.10	1.157 times
30 Fri Aug 2024	3322.10	3230.90	3431.95	3011.90	1.192 times
31 Wed Jul 2024	3209.40	3180.00	3489.90	3010.10	0.628 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 neutral. A longer time frame might give a better analysis.

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 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 coming down

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bannari Amman is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3822.84 and Bannari Amman (BANARISUG) stock is trading below this level. This means that stock is falling with high volumes. 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 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.