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(BINANIIND_BE) Binani Industries complete technical analysis [charts+indicators] | Buy/Sell Binani Industries | (BINANIIND_BE) share price targets

Complete technical analysis of Binani Industries (BINANIIND_BE) by charts plus indicators, forecast predictions and share price targets for Binani Industries (BINANIIND_BE)

Showing technical analysis as on 2024-07-11 View latest technical analysis

10 day averaged volume of Binani Industries is 18591

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	16.06	15.02	16.22	15.02	1.613 times
10 Wed Jul 2024	15.45	15.57	15.78	15.31	0.853 times
09 Tue Jul 2024	15.57	15.60	15.86	15.50	0.526 times
08 Mon Jul 2024	15.73	15.21	16.13	15.21	0.573 times
05 Fri Jul 2024	15.79	15.61	16.23	15.61	0.777 times
04 Thu Jul 2024	15.83	16.20	16.20	15.51	0.785 times
03 Wed Jul 2024	16.29	16.19	16.35	15.38	3.043 times
02 Tue Jul 2024	16.19	16.50	16.50	15.89	0.315 times
01 Mon Jul 2024	16.12	16.29	16.29	15.80	0.621 times
28 Fri Jun 2024	15.76	15.40	16.00	15.35	1.025 times

My analysis of stock is bullish for shortterm, and stock might move up till 16.3 or till 16.6. Use a stoploss of 16 and if this stock hits its stoploss, then it can fall down till 15.72

Share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Target	13.30
Downside Target	13.85
Downside Target	15.02
Downside Target	15.35
Downside Target	16.00
Upside Target	16.68
Upside Target	16.70
Upside Target	16.73
Upside Target	17.24
Upside Target	17.70
Upside Target	18.15

Intraday share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Intraday Target	15.31
Downside Intraday Target	14.57
Upside Intraday Target	16.51
Upside Intraday Target	16.97
Downside Intraday Target	15.77

Weekly technical analysis of Binani Industries (BINANIIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	16.06	15.21	16.22	15.02	0.643 times
05 Fri Jul 2024	15.79	16.29	16.50	15.38	1.039 times
28 Fri Jun 2024	15.76	16.07	16.68	15.35	1.579 times
21 Fri Jun 2024	16.07	15.90	16.73	15.65	0.725 times
14 Fri Jun 2024	16.39	17.00	17.24	16.00	0.815 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 Binani Industries (BINANIIND_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	16.06	16.29	16.50	15.02	0.477 times
28 Fri Jun 2024	15.76	18.15	18.15	15.35	9.389 times
31 Fri May 2024	17.30	17.70	17.70	16.15	0.265 times
22 Mon Apr 2024	15.35	14.35	16.70	13.85	0.216 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 Binani Industries (BINANIIND_BE)

Price action analysis of Binani Industries ( (BINANIIND_BE) ) 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 Binani Industries ( (BINANIIND_BE) ) 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 Binani Industries ( (BINANIIND_BE) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Binani Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Binani Industries in short term and the sell signal is strong.

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

Binani Industries 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Binani Industries in short term but BUY signal is weak.

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 Binani Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 15.97 and Binani Industries (BINANIIND_BE) 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 Binani Industries (BINANIIND_BE) stock. Volume based technical analysis of Binani Industries (BINANIIND_BE) stock is negative.

Binani Industries 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.