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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 2024-03-19 View latest technical analysis

10 day averaged volume of Banco Products is 123511

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	587.60	608.00	614.20	584.50	1.12 times
18 Mon Mar 2024	600.25	572.95	609.80	567.30	1.586 times
15 Fri Mar 2024	572.25	590.40	599.40	557.00	1.064 times
14 Thu Mar 2024	590.40	520.00	594.90	515.20	1.321 times
13 Wed Mar 2024	521.75	583.00	592.80	512.00	2.346 times
12 Tue Mar 2024	581.45	615.40	629.80	577.25	1.087 times
11 Mon Mar 2024	612.95	636.90	636.90	605.50	0.509 times
07 Thu Mar 2024	632.05	641.95	649.75	630.40	0.39 times
06 Wed Mar 2024	640.60	660.00	660.00	637.55	0.77 times
05 Tue Mar 2024	661.30	660.25	672.00	658.15	0.421 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 590.5, but if it comes above 590.5, then a intra day buy could be more profitable.
If you take a sell trade below 590.5, then use 590.5 as stoploss and 540.1 as target. However if you take a buy trade in stock , then use 590.5 as stoploss and 632.46 as target.

Share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Target	447.00
Downside Target	512.00
Downside Target	535.65
Downside Target	567.30
Upside Target	614.20
Upside Target	655.50
Upside Target	676.25
Upside Target	679.30
Upside Target	681.45
Upside Target	685.00
Upside Target	729.90
Upside Target	733.95

Intraday share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Intraday Target	565.2
Downside Intraday Target	542.8
Upside Intraday Target	612.1
Upside Intraday Target	636.6
Upside Intraday Target	589.7

Weekly technical analysis of Banco Products (BANCOINDIA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	587.60	572.95	614.20	567.30	0.428 times
15 Fri Mar 2024	572.25	636.90	636.90	512.00	3.032 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

Price has moved up 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
19 Tue Mar 2024	587.60	670.20	681.45	512.00	0.365 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 582.73 and Banco Products (BANCOINDIA) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.