Login or Join
 Learn then Earn

(BanarasBead) Banaras Bead complete technical analysis [charts+indicators] | Buy/Sell Banaras Bead | (BanarasBead) share price targets

Complete technical analysis of Banaras Bead (BanarasBead) by charts plus indicators, forecast predictions and share price targets for Banaras Bead (BanarasBead)

10 day averaged volume of Banaras Bead is 287

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 92.24 93.00 93.00 92.20 0.453 times
07 Tue May 2024 92.07 92.55 92.60 90.85 0.648 times
06 Mon May 2024 94.35 94.35 94.35 94.35 0.007 times
03 Fri May 2024 93.10 93.10 93.10 93.10 0.209 times
02 Thu May 2024 94.50 91.00 95.24 91.00 0.634 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 92.6, but if it comes above 92.6, then a intra day buy could be more profitable.
If you take a sell trade below 92.6, then use 92.6 as stoploss and 90.7 as target. However if you take a buy trade in stock , then use 92.6 as stoploss and 94.25 as target.

Share price targets for Banaras Bead (BanarasBead)

Target Type Value
Downside Target 85.00
Downside Target 88.80
Upside Target 92.85
Upside Target 97.07
Upside Target 97.80
Upside Target 99.00
Upside Target 100.40
Upside Target 103.35
Upside Target 112.87
Upside Target 119.00

Intraday share price targets for Banaras Bead (BanarasBead)

Target Type Value
Downside Intraday Target 90.61
Downside Intraday Target 88.98
Upside Intraday Target 94.11
Upside Intraday Target 95.98
Upside Intraday Target 92.48

Weekly technical analysis of Banaras Bead (BanarasBead)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 92.24 94.35 94.35 90.85 0.182 times
03 Fri May 2024 93.10 96.51 96.51 91.00 1.337 times
26 Fri Apr 2024 94.62 94.29 99.00 92.85 0.729 times
19 Fri Apr 2024 93.45 94.00 97.07 90.01 0.27 times
12 Fri Apr 2024 93.83 98.78 100.40 93.00 0.796 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 Banaras Bead (BanarasBead)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 92.24 91.00 95.24 90.85 0.029 times
30 Tue Apr 2024 95.37 88.80 100.40 88.80 0.55 times
28 Thu Mar 2024 88.80 102.55 103.35 85.00 0.191 times
29 Thu Feb 2024 100.60 105.00 119.00 97.80 0.872 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 Banaras Bead (BanarasBead)

Indicator Name Indicator Value Indicator Signal
ADX 21, 31, 19 Sell
MACD -2, -1Sell
Stochastics 25Sell
CCI -103Buy
RSI 46Sell
OBV -6298Sell
VWAP 94Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Banaras Bead ( (BanarasBead) ) based on a short term time period is

Price action analysis of Banaras Bead ( (BanarasBead) ) 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 Banaras Bead ( (BanarasBead) ) based on a short to mid 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 Banaras Bead ( (BanarasBead) ) 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 Banaras Bead stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Banaras Bead in short term and the sell signal is strong.

Banaras Bead 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 moving up

CCI has generated a buy signal for Banaras Bead in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Banaras Bead is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 93.79 and Banaras Bead (BanarasBead) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Banaras Bead (BanarasBead) stock. Volume based technical analysis of Banaras Bead (BanarasBead) stock is negative.

Banaras Bead 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.

Click here for Banaras Bead charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme