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

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

10 day averaged volume of Burnpur is 68418

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 6.38 6.30 6.57 6.19 0.69 times
07 Tue May 2024 6.25 6.45 6.50 6.16 0.935 times
06 Mon May 2024 6.41 6.73 6.73 6.36 1.36 times
03 Fri May 2024 6.60 6.74 6.75 6.36 0.855 times
02 Thu May 2024 6.56 6.75 6.75 6.40 1.397 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.4, but if it comes above 6.4, then a intra day buy could be more profitable.
If you take a sell trade below 6.4, then use 6.4 as stoploss and 6.1 as target. However if you take a buy trade in stock , then use 6.4 as stoploss and 6.65 as target.

Share price targets for Burnpur (Burnpur)

Target Type Value
Downside Target 5.40
Downside Target 5.68
Downside Target 5.90
Downside Target 6.12
Downside Target 6.32
Upside Target 6.50
Upside Target 6.71
Upside Target 7.06
Upside Target 7.10
Upside Target 7.33
Upside Target 7.38
Upside Target 7.89

Intraday share price targets for Burnpur (Burnpur)

Target Type Value
Downside Intraday Target 6.12
Downside Intraday Target 5.85
Upside Intraday Target 6.69
Upside Intraday Target 6.99
Upside Intraday Target 6.42

Weekly technical analysis of Burnpur (Burnpur)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 6.38 6.73 6.73 6.16 0.646 times
03 Fri May 2024 6.60 6.75 6.88 6.36 0.805 times
26 Fri Apr 2024 6.76 6.97 7.10 6.71 0.58 times
19 Fri Apr 2024 6.83 6.96 7.06 6.50 0.493 times
12 Fri Apr 2024 7.20 6.90 7.38 5.90 1.587 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 Burnpur (Burnpur)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 6.38 6.75 6.75 6.16 0.103 times
30 Tue Apr 2024 6.57 5.75 7.38 5.68 1.002 times
28 Thu Mar 2024 5.64 6.30 7.33 5.40 1.275 times
29 Thu Feb 2024 6.35 7.15 7.89 6.32 0.917 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 Burnpur (Burnpur)

Indicator Name Indicator Value Indicator Signal
ADX 14, 20, 17 Sell
MACD -0, 0Sell
Stochastics 13Sell
CCI -103Buy
RSI 56Buy
OBV 473780Sell
VWAP 7Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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

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

Burnpur 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 Burnpur in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Burnpur is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.58 and Burnpur (Burnpur) 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 Burnpur (Burnpur) stock. Volume based technical analysis of Burnpur (Burnpur) stock is negative.

Burnpur 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 Burnpur charts

Click here for further forecast and predictions for tomorrow

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