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(BASML) Bannari Amman complete technical analysis [charts+indicators] | Buy/Sell Bannari Amman | (BASML) share price targets

Complete technical analysis of Bannari Amman (BASML) by charts plus indicators, forecast predictions and share price targets for Bannari Amman (BASML)

Bannari Amman trades in NSE in Textiles sector.

10 day averaged volume of Bannari Amman is 377249

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 37.80 38.55 39.50 37.50 0.978 times
27 Wed Mar 2024 38.05 39.50 40.20 37.60 1.28 times
26 Tue Mar 2024 38.85 40.80 40.80 38.40 0.966 times
22 Fri Mar 2024 40.40 39.90 41.85 39.50 0.504 times
21 Thu Mar 2024 39.90 38.50 41.15 38.50 1.054 times
20 Wed Mar 2024 38.15 39.00 39.50 38.00 0.771 times
19 Tue Mar 2024 38.75 39.00 39.30 38.10 0.739 times
18 Mon Mar 2024 38.80 39.40 39.80 38.55 0.823 times
15 Fri Mar 2024 38.90 40.55 40.95 37.55 1.281 times
14 Thu Mar 2024 39.65 38.25 41.20 38.25 0.992 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.2, but if it comes above 38.2, then a intra day buy could be more profitable.
If you take a sell trade below 38.2, then use 38.2 as stoploss and 33.8 as target. However if you take a buy trade in stock , then use 38.2 as stoploss and 41.94 as target.

Share price targets for Bannari Amman (BASML)

Target Type Value
Downside Target 37.50
Upside Target 40.80
Upside Target 41.85
Upside Target 43.10
Upside Target 44.05
Upside Target 44.95
Upside Target 46.05
Upside Target 48.45
Upside Target 49.00
Upside Target 51.30
Upside Target 52.80
Upside Target 54.80
Upside Target 58.50
Upside Target 59.50

Intraday share price targets for Bannari Amman (BASML)

Target Type Value
Downside Intraday Target 36.6
Downside Intraday Target 35.4
Upside Intraday Target 39.9
Upside Intraday Target 42
Upside Intraday Target 38.7

Weekly technical analysis of Bannari Amman (BASML)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 37.80 40.80 40.80 37.50 0.828 times
22 Fri Mar 2024 40.40 39.40 41.85 38.00 0.659 times
15 Fri Mar 2024 38.90 46.30 46.70 37.55 2.885 times
07 Thu Mar 2024 45.85 48.45 48.45 44.05 0.623 times
02 Sat Mar 2024 48.20 50.90 51.30 44.95 0.789 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 Bannari Amman (BASML)

Date Monthly Closing Price Open High Low Volume
28 Thu Mar 2024 37.80 46.75 49.00 37.50 0.651 times
29 Thu Feb 2024 46.50 57.30 58.50 44.95 0.46 times
31 Wed Jan 2024 57.45 48.25 59.50 47.50 3.978 times
29 Fri Dec 2023 47.55 51.00 52.80 46.05 1.129 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 Bannari Amman (BASML)

Price action analysis of Bannari Amman ( (BASML) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bannari Amman ( (BASML) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bannari Amman ( (BASML) ) 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 Bannari Amman ( (BASML) ) 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 Bannari Amman stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bannari Amman in short term and the sell signal is strong.

Bannari Amman 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bannari Amman in short term and SELL 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 Bannari Amman is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.85 and Bannari Amman (BASML) 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 Bannari Amman (BASML) stock. Volume based technical analysis of Bannari Amman (BASML) stock is negative.

Bannari Amman 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.

Price action analysis of Bannari Amman ( (BASML) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bannari Amman ( (BASML) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bannari Amman ( (BASML) ) 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 Bannari Amman ( (BASML) ) 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 Bannari Amman stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bannari Amman in short term and the sell signal is strong.

Bannari Amman 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bannari Amman in short term and SELL 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 Bannari Amman is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.85 and Bannari Amman (BASML) 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 Bannari Amman (BASML) stock. Volume based technical analysis of Bannari Amman (BASML) stock is negative.

Bannari Amman 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.

Click here for Bannari Amman charts

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Daily charts

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