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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 12804

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 18.56 18.09 18.79 17.54 3.992 times
20 Mon May 2024 17.90 16.46 17.90 16.46 0.727 times
17 Fri May 2024 17.05 16.85 17.05 16.70 1.928 times
16 Thu May 2024 16.24 16.05 16.36 16.05 0.882 times
15 Wed May 2024 15.59 15.00 15.59 15.00 1.142 times

Stock of Binani Ind (BinaniInd) has showed a significant upmove. This could be a good time to enter in 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 18.1, for a target of 16.9 or 15.87

Share price targets for Binani Ind (BinaniInd)

Target Type Value
Downside Target 13.22
Downside Target 13.66
Downside Target 14.50
Downside Target 15.56
Downside Target 16.27
Downside Target 17.00
Downside Target 17.05
Downside Target 17.87
Upside Target 18.79
Upside Target 19.53
Upside Target 21.12

Intraday share price targets for Binani Ind (BinaniInd)

Target Type Value
Downside Intraday Target 17.08
Downside Intraday Target 15.61
Upside Intraday Target 19.41
Upside Intraday Target 20.27
Downside Intraday Target 17.94

Weekly technical analysis of Binani Ind (BinaniInd)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 18.56 16.46 18.79 16.46 1.003 times
17 Fri May 2024 17.05 14.86 17.05 14.50 4.711 times
10 Fri May 2024 15.05 15.86 15.86 14.51 0.37 times
03 Fri May 2024 15.86 16.41 17.00 15.81 1.272 times
26 Fri Apr 2024 16.27 15.80 16.27 14.70 2.955 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 Binani Ind (BinaniInd)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 18.56 16.40 18.79 14.50 1.269 times
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

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 46, 13, 57 Buy
MACD 1, 0Buy
Stochastics 98Buy
CCI 153Buy
RSI 66Buy
OBV 108485Sell
VWAP 17Buy
ADL 0Sell
ROC 20Buy
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

ADX buy sell signal for Binani Ind stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Binani Ind 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.

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 moving up

CCI has generated a buy signal for Binani Ind in short term and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Binani Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.21 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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