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(BANCOINDIA) Banco Products complete technical analysis [charts+indicators] | Buy/Sell Banco Products | (BANCOINDIA) share price targets

Complete technical analysis of Banco Products (BANCOINDIA) by charts plus indicators, forecast predictions and share price targets for Banco Products (BANCOINDIA)

Banco Products trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-03-12 View latest technical analysis

10 day averaged volume of Banco Products is 118815

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	581.45	615.40	629.80	577.25	1.13 times
11 Mon Mar 2024	612.95	636.90	636.90	605.50	0.529 times
07 Thu Mar 2024	632.05	641.95	649.75	630.40	0.405 times
06 Wed Mar 2024	640.60	660.00	660.00	637.55	0.8 times
05 Tue Mar 2024	661.30	660.25	672.00	658.15	0.437 times
04 Mon Mar 2024	664.10	675.00	679.30	660.50	0.526 times
02 Sat Mar 2024	671.00	674.65	680.00	660.10	0.076 times
01 Fri Mar 2024	670.40	670.20	681.45	663.10	0.761 times
29 Thu Feb 2024	663.55	651.00	685.00	651.00	3.512 times
28 Wed Feb 2024	660.35	662.00	664.80	651.05	0.924 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 602.6, for a target of 633.4 or 659.01

Share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Target	447.00
Downside Target	535.65
Downside Target	577.25
Upside Target	617.75
Upside Target	655.50
Upside Target	670.00
Upside Target	679.30
Upside Target	681.45
Upside Target	685.00
Upside Target	720.00
Upside Target	729.90
Upside Target	733.95

Intraday share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Intraday Target	560.17
Downside Intraday Target	538.88
Upside Intraday Target	619.82
Upside Intraday Target	658.18
Upside Intraday Target	598.53

Weekly technical analysis of Banco Products (BANCOINDIA)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	581.45	636.90	636.90	577.25	0.765 times
07 Thu Mar 2024	632.05	675.00	679.30	630.40	0.266 times
02 Sat Mar 2024	671.00	672.95	685.00	638.65	1.628 times
23 Fri Feb 2024	669.15	680.15	685.00	655.50	0.757 times
16 Fri Feb 2024	687.25	704.45	720.00	670.00	0.537 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 Banco Products (BANCOINDIA)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	581.45	670.20	681.45	577.25	0.137 times
29 Thu Feb 2024	663.55	714.90	729.90	620.10	1.056 times
31 Wed Jan 2024	714.85	639.15	733.95	619.05	1.071 times
29 Fri Dec 2023	639.15	567.15	676.25	535.65	0.734 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 Banco Products (BANCOINDIA)

Price action analysis of Banco Products ( (BANCOINDIA) ) 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 Banco Products ( (BANCOINDIA) ) 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 Banco Products ( (BANCOINDIA) ) based on a mid to longer 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.

ADX buy sell signal for Banco Products stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Banco Products in short term and the sell signal is strong.

Banco Products 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Banco Products in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Banco Products is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 647.23 and Banco Products (BANCOINDIA) 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 Banco Products (BANCOINDIA) stock. Volume based technical analysis of Banco Products (BANCOINDIA) stock is negative.

Banco Products 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.