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(BURNPUR_BE) Burnpur Cement complete technical analysis [charts+indicators] | Buy/Sell Burnpur Cement | (BURNPUR_BE) share price targets

Complete technical analysis of Burnpur Cement (BURNPUR_BE) by charts plus indicators, forecast predictions and share price targets for Burnpur Cement (BURNPUR_BE)

Showing technical analysis as on 2024-01-18 View latest technical analysis

10 day averaged volume of Burnpur Cement is 275643

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	7.35	7.70	7.75	7.35	2.1 times
17 Wed Jan 2024	7.70	7.50	7.70	7.40	4.646 times
16 Tue Jan 2024	7.35	7.35	7.35	7.35	0.33 times
15 Mon Jan 2024	7.00	7.00	7.00	7.00	0.901 times
12 Fri Jan 2024	6.70	6.70	6.70	6.70	0.44 times
11 Thu Jan 2024	6.60	6.55	6.60	6.55	0.361 times
10 Wed Jan 2024	6.55	6.55	6.65	6.55	0.417 times
09 Tue Jan 2024	6.60	6.40	6.60	6.40	1.291 times
08 Mon Jan 2024	6.50	6.50	6.50	6.40	0.638 times
05 Fri Jan 2024	6.50	6.50	6.50	6.50	0.518 times

Stock of Burnpur Cement (BURNPUR_BE) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 7.5, for a target of 7.1 or 6.71

Share price targets for Burnpur Cement (BURNPUR_BE)

Target Type	Value
Downside Target	5.00
Downside Target	5.15
Downside Target	5.95
Downside Target	6.15
Downside Target	6.30
Downside Target	6.60
Downside Target	6.70
Downside Target	7.00
Downside Target	7.15
Upside Target	7.75
Upside Target	8.50
Upside Target	8.80

Intraday share price targets for Burnpur Cement (BURNPUR_BE)

Target Type	Value
Downside Intraday Target	6.98
Downside Intraday Target	6.62
Upside Intraday Target	7.73
Upside Intraday Target	8.12
Upside Intraday Target	7.37

Weekly technical analysis of Burnpur Cement (BURNPUR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	7.35	7.00	7.75	7.00	2.535 times
12 Fri Jan 2024	6.70	6.50	6.70	6.40	0.683 times
05 Fri Jan 2024	6.50	6.30	6.60	6.30	2.149 times
29 Fri Dec 2023	6.30	6.60	6.60	6.30	2.675 times
22 Fri Dec 2023	6.70	7.15	7.15	6.70	0.665 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Burnpur Cement (BURNPUR_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	7.35	6.30	7.75	6.30	1.593 times
29 Fri Dec 2023	6.30	7.75	8.50	6.30	0.454 times
30 Thu Nov 2023	7.40	8.80	8.80	6.60	3.986 times
12 Mon Sep 2022	5.65	5.40	5.95	5.00	0.944 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Burnpur Cement (BURNPUR_BE)

Price action analysis of Burnpur Cement ( (BURNPUR_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 Burnpur Cement ( (BURNPUR_BE) ) based on a short to mid 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 Burnpur Cement ( (BURNPUR_BE) ) based on a mid to longer 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.

ADX buy sell signal for Burnpur Cement stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Burnpur Cement in short term and the buy signal is strong.

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

Burnpur Cement Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Burnpur Cement in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Burnpur Cement is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.22 and Burnpur Cement (BURNPUR_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 Burnpur Cement (BURNPUR_BE) stock. Volume based technical analysis of Burnpur Cement (BURNPUR_BE) stock is negative.

Burnpur Cement 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.