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(BANKA) Banka Bioloo complete technical analysis [charts+indicators] | Buy/Sell Banka Bioloo | (BANKA) share price targets

Complete technical analysis of Banka Bioloo (BANKA) by charts plus indicators, forecast predictions and share price targets for Banka Bioloo (BANKA)

Banka Bioloo trades in NSE in REAL_ESTATE_INVESTMENT_TRUST sector.

Showing technical analysis as on 2023-12-22 View latest technical analysis

10 day averaged volume of Banka Bioloo is 26182

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	70.15	71.30	72.00	69.80	1.054 times
21 Thu Dec 2023	70.70	71.30	71.30	69.25	0.439 times
20 Wed Dec 2023	69.95	71.10	71.40	69.55	0.542 times
19 Tue Dec 2023	71.05	70.15	71.40	70.15	0.345 times
18 Mon Dec 2023	70.70	70.30	71.50	70.15	0.574 times
15 Fri Dec 2023	70.15	70.65	71.60	69.50	1.185 times
14 Thu Dec 2023	69.95	73.00	73.50	69.50	2.202 times
13 Wed Dec 2023	72.50	71.00	73.00	70.95	1.692 times
12 Tue Dec 2023	69.95	71.20	71.70	69.55	1.232 times
11 Mon Dec 2023	71.25	69.35	72.85	69.35	1.357 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 70.1 as stoploss in an intra day buy trade for a target of 70.95. However, stock will show a bearish move below 70.1.

Share price targets for Banka Bioloo (BANKA)

Target Type	Value
Downside Target	66.55
Downside Target	69.25
Upside Target	73.25
Upside Target	73.50
Upside Target	73.80
Upside Target	74.75
Upside Target	75.80
Upside Target	81.95
Upside Target	82.60

Intraday share price targets for Banka Bioloo (BANKA)

Target Type	Value
Downside Intraday Target	68.93
Downside Intraday Target	67.72
Upside Intraday Target	71.68
Upside Intraday Target	73.22
Upside Intraday Target	70.47

Weekly technical analysis of Banka Bioloo (BANKA)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	70.15	70.30	72.00	69.25	0.385 times
15 Fri Dec 2023	70.15	69.35	73.50	69.35	1.818 times
08 Fri Dec 2023	70.20	73.80	73.80	69.80	1.195 times
01 Fri Dec 2023	72.45	71.00	73.25	71.00	0.623 times
24 Fri Nov 2023	70.95	73.35	73.50	69.70	1.231 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 Banka Bioloo (BANKA)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	70.15	72.80	73.80	69.25	0.766 times
30 Thu Nov 2023	71.55	69.20	74.75	67.45	1.325 times
31 Tue Oct 2023	69.05	74.00	75.80	66.55	0.417 times
29 Fri Sep 2023	72.90	70.55	82.60	69.80	1.111 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 Banka Bioloo (BANKA)

Price action analysis of Banka Bioloo ( (BANKA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Banka Bioloo ( (BANKA) ) 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 Banka Bioloo ( (BANKA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Banka Bioloo stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Banka Bioloo in short term and the sell signal is strong.

Banka Bioloo 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Banka Bioloo 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 negative zone. This is the SELL zone

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

Stock of Banka Bioloo is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 70.67 and Banka Bioloo (BANKA) 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 Banka Bioloo (BANKA) stock. Volume based technical analysis of Banka Bioloo (BANKA) stock is negative.

Banka Bioloo 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.