Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-14 View latest technical analysis

10 day averaged volume of Banco Products is 126149

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	590.40	520.00	594.90	515.20	1.293 times
13 Wed Mar 2024	521.75	583.00	592.80	512.00	2.297 times
12 Tue Mar 2024	581.45	615.40	629.80	577.25	1.065 times
11 Mon Mar 2024	612.95	636.90	636.90	605.50	0.499 times
07 Thu Mar 2024	632.05	641.95	649.75	630.40	0.382 times
06 Wed Mar 2024	640.60	660.00	660.00	637.55	0.754 times
05 Tue Mar 2024	661.30	660.25	672.00	658.15	0.412 times
04 Mon Mar 2024	664.10	675.00	679.30	660.50	0.496 times
02 Sat Mar 2024	671.00	674.65	680.00	660.10	0.072 times
01 Fri Mar 2024	670.40	670.20	681.45	663.10	0.717 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 606.3, but if it comes above 606.3, then a intra day buy could be more profitable.
If you take a sell trade below 606.3, then use 606.3 as stoploss and 559.6 as target. However if you take a buy trade in stock , then use 606.3 as stoploss and 645.13 as target.

Share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Target	447.00
Downside Target	512.00
Downside 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	522.63
Downside Intraday Target	454.87
Upside Intraday Target	647.53
Upside Intraday Target	704.67
Downside Intraday Target	579.77

Weekly technical analysis of Banco Products (BANCOINDIA)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	590.40	636.90	636.90	512.00	2.522 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
14 Thu Mar 2024	590.40	670.20	681.45	512.00	0.249 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 losing 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 moving up

CCI has generated a buy signal for Banco Products in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 593.74 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.