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(BasantAgro) Basant Agro complete technical analysis [charts+indicators] | Buy/Sell Basant Agro | (BasantAgro) share price targets

Complete technical analysis of Basant Agro (BasantAgro) by charts plus indicators, forecast predictions and share price targets for Basant Agro (BasantAgro)

10 day averaged volume of Basant Agro is 89752

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 19.46 19.80 19.80 19.30 0.748 times
06 Mon May 2024 19.53 19.74 19.95 19.30 0.937 times
03 Fri May 2024 19.74 19.95 20.01 19.55 0.705 times
02 Thu May 2024 19.75 19.82 20.00 19.60 0.922 times
30 Tue Apr 2024 19.82 20.08 20.49 19.70 1.37 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.7, but if it comes above 19.7, then a intra day buy could be more profitable.
If you take a sell trade below 19.7, then use 19.7 as stoploss and 19.1 as target. However if you take a buy trade in stock , then use 19.7 as stoploss and 20.15 as target.

Share price targets for Basant Agro (BasantAgro)

Target Type Value
Downside Target 17.66
Downside Target 18.46
Downside Target 19.00
Upside Target 20.55
Upside Target 20.75
Upside Target 21.90
Upside Target 22.00
Upside Target 22.30
Upside Target 23.14
Upside Target 24.55
Upside Target 28.90

Intraday share price targets for Basant Agro (BasantAgro)

Target Type Value
Downside Intraday Target 19.19
Downside Intraday Target 18.92
Upside Intraday Target 19.84
Upside Intraday Target 20.22
Upside Intraday Target 19.57

Weekly technical analysis of Basant Agro (BasantAgro)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 19.46 19.74 19.95 19.30 0.439 times
03 Fri May 2024 19.74 19.70 20.49 19.55 0.772 times
26 Fri Apr 2024 20.03 19.93 20.75 19.90 1.47 times
19 Fri Apr 2024 19.93 19.01 20.55 19.00 1.208 times
12 Fri Apr 2024 20.44 21.50 21.90 20.30 0.345 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 Basant Agro (BasantAgro)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 19.46 19.82 20.01 19.30 0.154 times
30 Tue Apr 2024 19.82 18.79 22.30 18.46 0.642 times
28 Thu Mar 2024 18.07 23.10 23.14 17.66 0.359 times
29 Thu Feb 2024 22.70 23.00 28.90 22.00 1.384 times

Price has moved down 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 Basant Agro (BasantAgro)

Indicator Name Indicator Value Indicator Signal
ADX 16, 22, 15 Sell
MACD -1, -1Sell
Stochastics 14Sell
CCI -120Sell
RSI 61Buy
OBV -824428Sell
VWAP 20Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Basant Agro ( (BasantAgro) ) based on a short 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.

Price action analysis of Basant Agro ( (BasantAgro) ) based on a short 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.

Price action analysis of Basant Agro ( (BasantAgro) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Basant Agro ( (BasantAgro) ) 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 Basant Agro stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Basant Agro in short term and the sell signal is strong.

Basant Agro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 Basant Agro in short term and SELL 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 Basant Agro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.92 and Basant Agro (BasantAgro) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Basant Agro (BasantAgro) stock. Volume based technical analysis of Basant Agro (BasantAgro) stock is negative.

Basant Agro Stock has given negative 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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