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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.

Showing technical analysis as on 2024-03-11 View latest technical analysis

10 day averaged volume of Bannari Amman is 201097

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	43.30	46.30	46.70	42.90	2.053 times
07 Thu Mar 2024	45.85	45.50	46.75	45.50	0.762 times
06 Wed Mar 2024	44.95	46.40	46.75	44.05	1.189 times
05 Tue Mar 2024	46.15	47.10	47.60	45.00	1.121 times
04 Mon Mar 2024	46.85	48.45	48.45	46.65	0.766 times
02 Sat Mar 2024	48.20	47.80	48.85	47.05	0.112 times
01 Fri Mar 2024	47.80	46.75	49.00	46.75	0.698 times
29 Thu Feb 2024	46.50	47.00	47.85	44.95	1.501 times
28 Wed Feb 2024	46.95	49.20	49.85	46.75	1.862 times
27 Tue Feb 2024	49.00	50.40	50.95	48.40	1.398 times

Stock of Bannari Amman (BASML) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 43.3, for a target of 46.1 or 48.49

Share price targets for Bannari Amman (BASML)

Target Type	Value
Downside Target	42.90
Upside Target	44.05
Upside Target	44.95
Upside Target	48.45
Upside Target	50.15
Upside Target	51.30
Upside Target	52.80
Upside Target	53.10
Upside Target	54.35
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	41.9
Downside Intraday Target	40.5
Upside Intraday Target	45.7
Upside Intraday Target	48.1
Upside Intraday Target	44.3

Weekly technical analysis of Bannari Amman (BASML)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	43.30	46.30	46.70	42.90	0.535 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
23 Fri Feb 2024	50.60	51.90	54.35	50.15	0.645 times
16 Fri Feb 2024	51.65	51.75	53.10	45.65	0.854 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
11 Mon Mar 2024	43.30	46.75	49.00	42.90	0.15 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 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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bannari Amman is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 46.19 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.