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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 2024-03-13 View latest technical analysis

10 day averaged volume of Banco Products is 108154

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	521.75	583.00	592.80	512.00	2.679 times
12 Tue Mar 2024	581.45	615.40	629.80	577.25	1.242 times
11 Mon Mar 2024	612.95	636.90	636.90	605.50	0.582 times
07 Thu Mar 2024	632.05	641.95	649.75	630.40	0.445 times
06 Wed Mar 2024	640.60	660.00	660.00	637.55	0.879 times
05 Tue Mar 2024	661.30	660.25	672.00	658.15	0.481 times
04 Mon Mar 2024	664.10	675.00	679.30	660.50	0.578 times
02 Sat Mar 2024	671.00	674.65	680.00	660.10	0.084 times
01 Fri Mar 2024	670.40	670.20	681.45	663.10	0.836 times
29 Thu Feb 2024	663.55	651.00	685.00	651.00	3.859 times

Stock of Banco Products (BANCOINDIA) has showed a significant fall. This could be a good time to exit from this stock.

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 566, for a target of 612.1 or 650.57

Share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Target	447.00
Downside Target	512.00
Upside Target	535.65
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	476.87
Downside Intraday Target	431.98
Upside Intraday Target	601.77
Upside Intraday Target	681.78
Upside Intraday Target	556.88

Weekly technical analysis of Banco Products (BANCOINDIA)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	521.75	636.90	636.90	512.00	1.889 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Banco Products (BANCOINDIA)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	521.75	670.20	681.45	512.00	0.209 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 weakening, and bulls are picking up momentum!

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 negative zone. This is the SELL zone

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 617.27 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.