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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 23482

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 61.80 61.55 64.80 61.10 0.589 times
15 Thu Apr 2021 62.80 62.15 65.00 62.15 0.415 times
13 Tue Apr 2021 63.60 62.90 66.90 60.05 0.334 times
12 Mon Apr 2021 61.90 67.35 67.35 61.55 0.87 times
09 Fri Apr 2021 67.70 71.00 71.20 67.00 1.33 times
08 Thu Apr 2021 69.40 64.75 71.00 64.75 4.691 times
07 Wed Apr 2021 62.75 62.45 63.75 60.25 0.712 times
06 Tue Apr 2021 61.55 60.55 64.75 60.55 0.547 times
05 Mon Apr 2021 62.50 68.00 68.00 61.00 0.413 times
01 Thu Apr 2021 62.25 63.85 63.90 60.20 0.452 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 61 as stoploss in an intra day buy trade for a target of 63.59. However, stock will show a bearish move below 61.

Share price targets for Bannari Amman (BASML)

Target Type Value
Downside Target 57.90
Downside Target 59.85
Upside Target 63.90
Upside Target 66.10
Upside Target 69.75
Upside Target 71.20
Upside Target 82.00
Upside Target 87.50
Upside Target 97.95
Upside Target 143.00
Upside Target 159.95

Intraday share price targets for Bannari Amman (BASML)

Target Type Value
Downside Intraday Target 58.78
Downside Intraday Target 55.77
Upside Intraday Target 66.08
Upside Intraday Target 70.37
Upside Intraday Target 63.07

Weekly technical analysis of Bannari Amman (BASML)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 61.80 67.35 67.35 60.05 0.287 times
09 Fri Apr 2021 67.70 68.00 71.20 60.25 6.284 times
01 Thu Apr 2021 62.25 63.90 63.90 60.00 0.239 times
26 Fri Mar 2021 60.75 64.70 66.10 59.85 0.232 times
19 Fri Mar 2021 66.10 62.90 69.75 57.90 4.057 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
16 Fri Apr 2021 61.80 63.85 71.20 60.05 0.253 times
31 Wed Mar 2021 60.90 67.80 69.75 57.90 1.54 times
25 Thu Feb 2021 69.85 147.00 159.95 66.30 0.334 times
30 Wed Dec 2020 135.00 92.00 143.00 87.50 1.724 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 Bannari Amman (BASML)

Indicator Name Indicator Value Indicator Signal
ADX 18, 22, 10 Sell
MACD -8, -9Buy
Stochastics 24Sell
CCI -55Sell
RSI 52Buy
OBV 418819Sell
VWAP 66Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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

Price action analysis of Bannari Amman ( (BASML) ) based on a mid to longer 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

ADX buy sell signal for Bannari Amman stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Bannari Amman in short term but the buy signal is initial and weak.

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

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 in or above 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

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 66.21 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 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.

Click here for Bannari Amman charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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