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

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

10 day averaged volume of Binani Ind is 5386

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 16.07 16.10 16.45 15.96 1.371 times
29 Mon Apr 2024 16.51 16.41 17.00 16.38 2.701 times
26 Fri Apr 2024 16.27 15.95 16.27 15.95 1.603 times
25 Thu Apr 2024 15.50 15.12 15.50 14.82 1.035 times
24 Wed Apr 2024 14.82 14.95 15.26 14.70 1.534 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16, but if it comes below 16, then a intra day sell could be more profitable.
If you take a sell trade below 16, then use 16 as stoploss and 15.51 as target. However if you take a buy trade in stock , then use 16 as stoploss and 16.6 as target.

Share price targets for Binani Ind (BinaniInd)

Target Type Value
Downside Target 13.22
Downside Target 13.66
Downside Target 14.45
Downside Target 15.56
Downside Target 15.96
Upside Target 16.85
Upside Target 17.00
Upside Target 17.87
Upside Target 19.53
Upside Target 21.12

Intraday share price targets for Binani Ind (BinaniInd)

Target Type Value
Downside Intraday Target 15.69
Downside Intraday Target 15.3
Upside Intraday Target 16.73
Upside Intraday Target 17.38
Upside Intraday Target 16.34

Weekly technical analysis of Binani Ind (BinaniInd)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 16.07 16.41 17.00 15.96 0.808 times
26 Fri Apr 2024 16.27 15.80 16.27 14.70 2.955 times
19 Fri Apr 2024 15.06 15.86 16.00 14.85 1.349 times
12 Fri Apr 2024 15.55 15.59 16.38 15.05 0.136 times
05 Fri Apr 2024 15.91 14.02 16.53 13.66 1.091 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 Ind (BinaniInd)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 16.07 14.02 17.00 13.66 0.366 times
28 Thu Mar 2024 14.02 17.25 17.87 13.22 1.782 times
29 Thu Feb 2024 17.25 17.10 19.53 17.00 0.509 times
31 Wed Jan 2024 17.06 16.30 21.12 15.56 3.456 times

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 Ind (BinaniInd)

Indicator Name Indicator Value Indicator Signal
ADX 30, 17, 28 Buy
MACD -0, -0Buy
Stochastics 79Buy
CCI 88Sell
RSI 59Buy
OBV 37386Sell
VWAP 16Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Binani Ind ( (BinaniInd) ) 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 Ind ( (BinaniInd) ) 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 Ind ( (BinaniInd) ) 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 Binani Ind ( (BinaniInd) ) 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 Ind stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Binani Ind in short term but the buy signal is initial and weak.

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

Binani Ind 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 coming down

CCI has generated a SELL signal for Binani Ind 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 Binani Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 15.8 and Binani Ind (BinaniInd) 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 Ind (BinaniInd) stock. Volume based technical analysis of Binani Ind (BinaniInd) stock is negative.

Binani Ind 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.

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