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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 2024-02-05 View latest technical analysis

10 day averaged volume of Burnpur Cement is 421358

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	7.60	7.75	7.80	7.25	1.917 times
02 Fri Feb 2024	7.55	7.55	7.70	7.45	1.525 times
01 Thu Feb 2024	7.40	7.25	7.45	6.95	1.843 times
31 Wed Jan 2024	7.10	6.75	7.15	6.65	0.533 times
30 Tue Jan 2024	6.85	6.95	7.00	6.75	0.655 times
29 Mon Jan 2024	6.95	7.15	7.20	6.85	1.051 times
25 Thu Jan 2024	7.00	7.10	7.10	6.85	0.498 times
24 Wed Jan 2024	7.00	6.90	7.15	6.90	0.7 times
23 Tue Jan 2024	7.20	7.75	7.85	7.20	0.867 times
22 Mon Jan 2024	7.55	7.20	7.55	6.90	0.913 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.5, but if it comes below 7.5, then a intra day sell could be more profitable.
If you take a sell trade below 7.5, then use 7.5 as stoploss and 7.09 as target. However if you take a buy trade in stock , then use 7.5 as stoploss and 7.9 as target.

Share price targets for Burnpur Cement (BURNPUR_BE)

Target Type	Value
Downside Target	5.00
Downside Target	5.95
Downside Target	6.30
Downside Target	6.60
Downside Target	6.85
Downside Target	7.25
Upside Target	7.70
Upside Target	7.80
Upside Target	7.85
Upside Target	8.50
Upside Target	8.80

Intraday share price targets for Burnpur Cement (BURNPUR_BE)

Target Type	Value
Downside Intraday Target	7.3
Downside Intraday Target	7
Upside Intraday Target	7.85
Upside Intraday Target	8.1
Downside Intraday Target	7.55

Weekly technical analysis of Burnpur Cement (BURNPUR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	7.60	7.75	7.80	7.25	0.342 times
02 Fri Feb 2024	7.55	7.15	7.70	6.65	1.883 times
25 Thu Jan 2024	7.00	7.20	7.85	6.85	0.449 times
19 Fri Jan 2024	7.20	7.00	7.75	7.00	3.223 times
12 Fri Jan 2024	6.70	6.50	6.70	6.40	0.683 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 Burnpur Cement (BURNPUR_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	7.60	7.25	7.80	6.95	0.312 times
31 Wed Jan 2024	7.10	6.30	7.85	6.30	2.619 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

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Burnpur Cement ( (BURNPUR_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 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 stronger in this stock.

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 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 negative zone. This is the SELL 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 7.31 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.