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(BANSWRAS) Banswara Syntex complete technical analysis [charts+indicators] | Buy/Sell Banswara Syntex | (BANSWRAS) share price targets

Complete technical analysis of Banswara Syntex (BANSWRAS) by charts plus indicators, forecast predictions and share price targets for Banswara Syntex (BANSWRAS)

Banswara Syntex trades in NSE in Textiles sector.

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Banswara Syntex is 135700

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	162.55	156.75	175.80	156.75	6.909 times
27 Tue Feb 2024	156.75	158.45	160.95	155.05	0.379 times
26 Mon Feb 2024	158.15	160.55	161.00	157.00	0.48 times
23 Fri Feb 2024	159.35	162.00	164.30	158.00	0.926 times
22 Thu Feb 2024	160.65	165.00	167.20	159.15	0.914 times
21 Wed Feb 2024	163.70	161.00	171.75	159.80	3.133 times
20 Tue Feb 2024	160.60	157.20	161.95	155.35	1.38 times
19 Mon Feb 2024	156.10	153.50	158.00	151.75	0.754 times
16 Fri Feb 2024	152.20	151.40	154.50	151.00	0.417 times
15 Thu Feb 2024	152.60	152.65	155.40	149.35	0.594 times

Stock of Banswara Syntex (BANSWRAS) 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 trade for tomorrow is selective. Take a BUY trade only if stock stays above 159.6, but if it comes below 159.6, then a intra day sell could be more profitable.
If you take a sell trade below 159.6, then use 159.6 as stoploss and 153.3 as target. However if you take a buy trade in stock , then use 159.6 as stoploss and 167.1 as target.

Share price targets for Banswara Syntex (BANSWRAS)

Target Type	Value
Downside Target	136.20
Downside Target	150.05
Downside Target	155.40
Downside Target	155.70
Downside Target	157.15
Downside Target	158.00
Upside Target	163.80
Upside Target	171.75
Upside Target	172.85
Upside Target	175.80

Intraday share price targets for Banswara Syntex (BANSWRAS)

Target Type	Value
Downside Intraday Target	153.13
Downside Intraday Target	143.72
Upside Intraday Target	173.88
Upside Intraday Target	185.22
Upside Intraday Target	164.47

Weekly technical analysis of Banswara Syntex (BANSWRAS)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	162.55	160.55	175.80	155.05	1.093 times
23 Fri Feb 2024	159.35	153.50	171.75	151.75	2.055 times
16 Fri Feb 2024	152.20	146.45	155.40	140.20	0.698 times
09 Fri Feb 2024	146.45	152.50	155.70	141.55	0.97 times
02 Fri Feb 2024	152.50	158.00	163.80	150.05	2.152 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 Banswara Syntex (BANSWRAS)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	162.55	155.00	175.80	140.20	1.076 times
31 Wed Jan 2024	155.00	147.40	172.85	144.35	1.132 times
29 Fri Dec 2023	145.20	146.50	154.40	136.20	2.086 times
30 Thu Nov 2023	146.00	143.85	157.15	137.95	1.155 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 Banswara Syntex (BANSWRAS)

Price action analysis of Banswara Syntex ( (BANSWRAS) ) 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 Banswara Syntex ( (BANSWRAS) ) based on a short to mid 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 Banswara Syntex ( (BANSWRAS) ) 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 Banswara Syntex stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Banswara Syntex 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.

Banswara Syntex 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 getting stronger in this stock.

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

CCI has generated a buy signal for Banswara Syntex 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 positive zone. This is a BUY zone

Stock of Banswara Syntex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 161.09 and Banswara Syntex (BANSWRAS) 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 Banswara Syntex (BANSWRAS) stock. Volume based technical analysis of Banswara Syntex (BANSWRAS) stock is negative.

Banswara Syntex Stock is giving positive 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.