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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 2024-08-23 View latest technical analysis

10 day averaged volume of Banco Products is 130262

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	675.45	678.00	688.00	666.35	1.079 times
22 Thu Aug 2024	675.65	674.00	690.00	662.60	1.364 times
21 Wed Aug 2024	659.85	671.00	671.00	655.65	0.638 times
20 Tue Aug 2024	665.45	666.75	673.50	654.00	0.533 times
19 Mon Aug 2024	658.90	682.20	690.00	655.85	1.095 times
16 Fri Aug 2024	672.10	649.05	675.00	649.05	0.731 times
14 Wed Aug 2024	643.35	675.25	675.30	637.00	1.325 times
13 Tue Aug 2024	661.80	680.10	689.60	658.35	0.799 times
12 Mon Aug 2024	680.10	680.00	692.55	674.00	0.626 times
09 Fri Aug 2024	694.70	698.15	698.20	678.55	2.395 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 656.3 as stoploss in an intra day buy trade for a target of 696.12. However, stock will show a bearish move below 656.3.

Share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Target	518.40
Downside Target	557.00
Downside Target	575.05
Downside Target	637.00
Upside Target	690.00
Upside Target	720.00
Upside Target	723.00
Upside Target	727.00
Upside Target	767.45
Upside Target	769.00
Upside Target	799.15

Intraday share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Intraday Target	656.3
Downside Intraday Target	637.15
Upside Intraday Target	692.3
Upside Intraday Target	709.15
Downside Intraday Target	673.15

Weekly technical analysis of Banco Products (BANCOINDIA)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	675.45	682.20	690.00	654.00	1.353 times
16 Fri Aug 2024	672.10	680.00	692.55	637.00	0.481 times
09 Fri Aug 2024	694.70	710.55	720.00	663.40	0.544 times
02 Fri Aug 2024	728.00	779.00	799.15	723.00	0.54 times
26 Fri Jul 2024	760.30	675.00	769.00	650.00	4.651 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
23 Fri Aug 2024	675.45	761.90	767.45	637.00	0.291 times
31 Wed Jul 2024	759.35	706.80	799.15	650.00	2.054 times
28 Fri Jun 2024	687.70	618.00	727.00	518.40	2.714 times
31 Fri May 2024	593.15	623.85	655.95	557.00	1.016 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 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 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 Banco Products stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls 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 buy signal for Banco Products in short term and BUY signal is strong.

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

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 671.67 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.