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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 2024-10-04 View latest technical analysis

10 day averaged volume of Binani Industries is 42140

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	17.82	17.92	18.60	17.80	0.47 times
03 Thu Oct 2024	18.66	18.75	19.99	18.56	0.565 times
01 Tue Oct 2024	19.47	19.30	19.96	18.55	0.771 times
30 Mon Sep 2024	19.02	19.66	19.66	18.30	0.564 times
27 Fri Sep 2024	18.73	17.98	18.77	17.61	1.119 times
26 Thu Sep 2024	17.88	16.92	17.88	16.33	1.089 times
25 Wed Sep 2024	17.03	17.80	17.80	16.93	1.38 times
24 Tue Sep 2024	17.82	18.89	19.34	17.63	1.482 times
23 Mon Sep 2024	18.52	18.52	20.00	18.52	0.963 times
20 Fri Sep 2024	19.50	19.50	20.20	19.50	0.358 times

My analysis of stock is bullish for shortterm, and stock might move up till 18.9 or till 20.8. Use a stoploss of 17.41 and if this stock hits its stoploss, then it can fall down till 15.88

Share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Target	15.02
Downside Target	15.35
Downside Target	15.70
Downside Target	16.15
Downside Target	17.70
Downside Target	17.80
Upside Target	18.15
Upside Target	19.99
Upside Target	20.00
Upside Target	22.40

Intraday share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Intraday Target	17.08
Downside Intraday Target	16.35
Upside Intraday Target	19.27
Upside Intraday Target	20.73
Upside Intraday Target	18.54

Weekly technical analysis of Binani Industries (BINANIIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	17.82	19.66	19.99	17.80	0.393 times
27 Fri Sep 2024	18.73	18.52	20.00	16.33	2.571 times
20 Fri Sep 2024	19.50	16.65	22.40	15.70	1.174 times
12 Fri Jul 2024	16.38	15.21	16.74	15.02	0.817 times
05 Fri Jul 2024	15.79	16.29	16.50	15.38	1.039 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 Binani Industries (BINANIIND_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	17.82	19.30	19.99	17.80	0.208 times
30 Mon Sep 2024	19.02	22.02	22.40	16.33	1.835 times
15 Mon Jul 2024	16.16	16.29	16.74	15.02	0.561 times
28 Fri Jun 2024	15.76	18.15	18.15	15.35	9.389 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 Binani Industries (BINANIIND_BE)

Price action analysis of Binani Industries ( (BINANIIND_BE) ) 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 Binani Industries ( (BINANIIND_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Binani Industries ( (BINANIIND_BE) ) based on a short to mid 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 Binani Industries ( (BINANIIND_BE) ) 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 Binani Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Binani Industries in short term and the buy signal is strong.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Binani Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 18.24 and Binani Industries (BINANIIND_BE) 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 Binani Industries (BINANIIND_BE) stock. Volume based technical analysis of Binani Industries (BINANIIND_BE) stock is negative.

Binani Industries Stock has given negative 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.