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

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

Banaras Beads trades in NSE in Other Apparels & Accessories sector.

Showing technical analysis as on 2024-06-03 View latest technical analysis

10 day averaged volume of Banaras Beads is 6999

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	88.55	88.10	88.90	86.20	1.804 times
31 Fri May 2024	86.60	87.00	89.70	86.00	2 times
30 Thu May 2024	87.45	89.15	89.90	86.05	1.829 times
29 Wed May 2024	87.40	90.90	90.90	86.25	1.025 times
28 Tue May 2024	89.50	91.20	91.25	88.30	0.526 times
27 Mon May 2024	89.45	90.10	90.20	88.40	0.916 times
24 Fri May 2024	90.00	91.05	92.00	89.10	0.661 times
23 Thu May 2024	90.85	92.60	92.60	90.20	1.074 times
22 Wed May 2024	91.80	90.90	92.35	90.80	0.507 times
21 Tue May 2024	90.15	93.00	93.00	89.45	1.443 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 88.4 as stoploss in an intra day buy trade for a target of 90.16. However, stock will show a bearish move below 88.4.

Share price targets for Banaras Beads (BANARBEADS)

Target Type	Value
Downside Target	85.00
Upside Target	91.25
Upside Target	93.00
Upside Target	94.00
Upside Target	97.35
Upside Target	97.40
Upside Target	100.50
Upside Target	104.20
Upside Target	119.95

Intraday share price targets for Banaras Beads (BANARBEADS)

Target Type	Value
Downside Intraday Target	86.87
Downside Intraday Target	85.18
Upside Intraday Target	89.57
Upside Intraday Target	90.58
Downside Intraday Target	87.88

Weekly technical analysis of Banaras Beads (BANARBEADS)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	88.55	88.10	88.90	86.20	0.286 times
31 Fri May 2024	86.60	90.10	91.25	86.00	1.709 times
24 Fri May 2024	90.00	93.00	93.00	89.10	0.705 times
18 Sat May 2024	91.10	88.85	94.00	87.05	2.065 times
10 Fri May 2024	89.30	97.40	97.40	89.05	0.678 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 Banaras Beads (BANARBEADS)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	88.55	88.10	88.90	86.20	0.096 times
31 Fri May 2024	86.60	94.80	97.40	86.00	0.726 times
30 Tue Apr 2024	94.75	89.00	100.50	88.15	0.846 times
28 Thu Mar 2024	88.55	100.35	104.20	85.00	0.199 times

Scroll below to view daily charts

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 Banaras Beads (BANARBEADS)

Price action analysis of Banaras Beads ( (BANARBEADS) ) 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 Beads ( (BANARBEADS) ) 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 Beads ( (BANARBEADS) ) 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 Beads stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Banaras Beads Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 88.69 and Banaras Beads (BANARBEADS) 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 Banaras Beads (BANARBEADS) stock. Volume based technical analysis of Banaras Beads (BANARBEADS) stock is negative.

Banaras Beads Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.