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(BANSALWIRE) Bansal Wire complete technical analysis [charts+indicators] | Buy/Sell Bansal Wire | (BANSALWIRE) share price targets

Complete technical analysis of Bansal Wire (BANSALWIRE) by charts plus indicators, forecast predictions and share price targets for Bansal Wire (BANSALWIRE)

Showing technical analysis as on 2024-11-07 View latest technical analysis

10 day averaged volume of Bansal Wire is 113190

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	425.10	419.00	429.40	410.50	2.634 times
06 Wed Nov 2024	419.00	409.90	431.00	409.85	1.991 times
05 Tue Nov 2024	408.10	397.25	409.55	397.25	0.502 times
04 Mon Nov 2024	401.35	411.95	412.90	395.70	1.023 times
01 Fri Nov 2024	411.95	398.00	415.00	398.00	0.308 times
31 Thu Oct 2024	403.25	400.00	407.60	399.00	0.491 times
30 Wed Oct 2024	401.25	403.80	407.55	399.00	0.453 times
29 Tue Oct 2024	401.75	395.00	409.05	395.00	1.145 times
28 Mon Oct 2024	399.25	390.00	406.70	382.15	1.124 times
25 Fri Oct 2024	389.95	395.80	401.00	373.50	1.672 times

Stock of Bansal Wire (BANSALWIRE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 425.3 as stoploss in an intra day sell trade for a target of 412.85. However, stock will show a bullish move above 425.3.

Share price targets for Bansal Wire (BANSALWIRE)

Target Type	Value
Downside Target	325.10
Downside Target	372.00
Downside Target	382.15
Downside Target	395.70
Downside Target	414.50
Upside Target	431.00
Upside Target	438.20
Upside Target	438.75
Upside Target	442.00
Upside Target	454.65
Upside Target	468.65

Intraday share price targets for Bansal Wire (BANSALWIRE)

Target Type	Value
Downside Intraday Target	403.53
Downside Intraday Target	381.97
Upside Intraday Target	438.83
Upside Intraday Target	452.57
Downside Intraday Target	417.27

Weekly technical analysis of Bansal Wire (BANSALWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	425.10	411.95	431.00	395.70	1.747 times
01 Fri Nov 2024	411.95	390.00	415.00	382.15	0.512 times
25 Fri Oct 2024	389.95	427.65	438.75	373.50	1.086 times
18 Fri Oct 2024	424.75	422.00	442.00	414.50	0.682 times
11 Fri Oct 2024	424.45	428.80	438.20	401.65	0.715 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bansal Wire (BANSALWIRE)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	425.10	398.00	431.00	395.70	0.198 times
31 Thu Oct 2024	403.25	450.45	454.65	373.50	0.385 times
30 Mon Sep 2024	447.95	407.50	468.65	397.55	0.648 times
30 Fri Aug 2024	404.70	375.00	415.70	325.95	0.343 times

Scroll below to view daily charts

Price has moved up 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 Bansal Wire (BANSALWIRE)

Price action analysis of Bansal Wire ( (BANSALWIRE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bansal Wire ( (BANSALWIRE) ) 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 Bansal Wire ( (BANSALWIRE) ) 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 Bansal Wire ( (BANSALWIRE) ) 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 Bansal Wire stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Bansal Wire in short term and the buy signal is strong.

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

Bansal Wire Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Bansal Wire in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 Bansal Wire is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 408.78 and Bansal Wire (BANSALWIRE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Bansal Wire (BANSALWIRE) stock. Volume based technical analysis of Bansal Wire (BANSALWIRE) stock is negative.

Bansal Wire Stock is giving positive 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.