(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)
Intraday share price targets for Bannari Amman (BASML)
|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|
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.