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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 2024-10-10 View latest technical analysis

10 day averaged volume of Binani Industries is 30894

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	17.16	17.55	17.55	16.51	0.232 times
09 Wed Oct 2024	17.21	17.38	17.80	16.78	0.447 times
08 Tue Oct 2024	17.28	16.50	17.58	16.20	0.907 times
07 Mon Oct 2024	17.04	18.13	18.13	17.01	0.519 times
04 Fri Oct 2024	17.82	17.92	18.60	17.80	0.641 times
03 Thu Oct 2024	18.66	18.75	19.99	18.56	0.77 times
01 Tue Oct 2024	19.47	19.30	19.96	18.55	1.052 times
30 Mon Sep 2024	19.02	19.66	19.66	18.30	0.77 times
27 Fri Sep 2024	18.73	17.98	18.77	17.61	1.526 times
26 Thu Sep 2024	17.88	16.92	17.88	16.33	1.486 times

My analysis of stock is bearish for shortterm, and stock might move down till 16.3 or till 14.7. Use a stoploss of 17.66 and if the stock hits stoploss, then it can shoot up till 19.02

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	16.74
Upside Target	17.70
Upside Target	18.13
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	16.2
Downside Intraday Target	15.23
Upside Intraday Target	18.13
Upside Intraday Target	19.09
Upside Intraday Target	17.16

Weekly technical analysis of Binani Industries (BINANIIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	17.16	18.13	18.13	16.20	0.651 times
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

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
10 Thu Oct 2024	17.16	19.30	19.99	16.20	0.386 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Binani Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Binani Industries 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 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 18.23 and Binani Industries (BINANIIND_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.