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(BenaresHot) Benares Hot complete technical analysis [charts+indicators] | Buy/Sell Benares Hot | (BenaresHot) share price targets

Complete technical analysis of Benares Hot (BenaresHot) by charts plus indicators, forecast predictions and share price targets for Benares Hot (BenaresHot)

10 day averaged volume of Benares Hot is 1028

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 9508.45 9900.00 9900.00 9350.00 0.786 times
02 Thu May 2024 9352.35 9340.00 9487.80 9180.10 0.393 times
30 Tue Apr 2024 9309.45 9545.40 9545.40 9299.00 0.395 times
29 Mon Apr 2024 9355.65 9239.25 9650.00 9140.00 1.3 times
26 Fri Apr 2024 9136.60 9275.25 9400.00 9100.00 0.518 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 9317.7, but if it comes below 9317.7, then a intra day sell could be more profitable.
If you take a sell trade below 9317.7, then use 9317.7 as stoploss and 9059.65 as target. However if you take a buy trade in stock , then use 9317.7 as stoploss and 9627.5 as target.

Share price targets for Benares Hot (BenaresHot)

Target Type Value
Downside Target 7740.40
Downside Target 8001.00
Downside Target 8250.60
Downside Target 8460.80
Downside Target 9000.00
Upside Target 9555.25
Upside Target 9588.25
Upside Target 9650.00
Upside Target 9900.00
Upside Target 10044.90
Upside Target 10051.00

Intraday share price targets for Benares Hot (BenaresHot)

Target Type Value
Downside Intraday Target 9132.3
Downside Intraday Target 8756.15
Upside Intraday Target 9892.3
Upside Intraday Target 10276.15
Upside Intraday Target 9516.15

Weekly technical analysis of Benares Hot (BenaresHot)

Date Weekly Closing Price Open High Low Volume
03 Fri May 2024 9508.45 9239.25 9900.00 9140.00 0.637 times
26 Fri Apr 2024 9136.60 9488.00 9555.25 9000.00 1.049 times
19 Fri Apr 2024 8961.95 8250.60 9200.00 8250.60 1.659 times
12 Fri Apr 2024 8791.95 9220.05 9350.00 8001.00 1.687 times
05 Fri Apr 2024 9220.05 8750.00 9470.00 8610.00 2.068 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 Benares Hot (BenaresHot)

Date Monthly Closing Price Open High Low Volume
03 Fri May 2024 9508.45 9340.00 9900.00 9180.10 0.081 times
30 Tue Apr 2024 9309.45 8750.00 9650.00 8001.00 1.846 times
28 Thu Mar 2024 8685.95 9022.00 9588.25 7740.40 0.818 times
29 Thu Feb 2024 9026.60 10049.00 10051.00 8744.35 0.6 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 Benares Hot (BenaresHot)

Indicator Name Indicator Value Indicator Signal
ADX 26, 20, 14 Buy
MACD 186, 106Buy
Stochastics 73Buy
CCI 157Buy
RSI 55Buy
OBV 4623Sell
VWAP 9192Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Benares Hot ( (BenaresHot) ) 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 Benares Hot ( (BenaresHot) ) 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 Benares Hot ( (BenaresHot) ) 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 Benares Hot ( (BenaresHot) ) 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 Benares Hot stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Benares Hot 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.

Benares Hot 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Benares Hot 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 positive zone. This is a BUY zone

Stock of Benares Hot is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9191.7 and Benares Hot (BenaresHot) 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 Benares Hot (BenaresHot) stock. Volume based technical analysis of Benares Hot (BenaresHot) stock is negative.

Benares Hot 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.

Click here for Benares Hot charts

Click here for further forecast and predictions for tomorrow

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