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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 2024-08-02 View latest technical analysis

10 day averaged volume of Banaras Beads is 21615

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	100.62	103.98	103.98	100.00	0.831 times
01 Thu Aug 2024	101.11	101.98	104.99	101.00	0.725 times
31 Wed Jul 2024	100.79	103.52	103.52	100.00	0.64 times
30 Tue Jul 2024	101.24	101.39	103.98	101.00	0.681 times
29 Mon Jul 2024	100.86	104.34	104.34	100.51	0.641 times
26 Fri Jul 2024	101.22	102.47	103.40	100.20	0.678 times
25 Thu Jul 2024	102.28	102.30	103.88	100.17	0.657 times
24 Wed Jul 2024	101.73	102.84	103.51	101.11	1.21 times
23 Tue Jul 2024	100.78	101.05	104.51	99.25	1.066 times
22 Mon Jul 2024	102.75	100.00	104.29	100.00	1.072 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 100.9, but if it comes above 100.9, then a intra day buy could be more profitable.
If you take a sell trade below 100.9, then use 100.9 as stoploss and 98.4 as target. However if you take a buy trade in stock , then use 100.9 as stoploss and 102.96 as target.

Share price targets for Banaras Beads (BANARBEADS)

Target Type	Value
Downside Target	81.70
Downside Target	86.00
Downside Target	88.15
Downside Target	97.05
Upside Target	104.51
Upside Target	104.99
Upside Target	107.64
Upside Target	107.72
Upside Target	109.30
Upside Target	109.60

Intraday share price targets for Banaras Beads (BANARBEADS)

Target Type	Value
Downside Intraday Target	98.75
Downside Intraday Target	96.88
Upside Intraday Target	103.74
Upside Intraday Target	106.86
Upside Intraday Target	101.87

Weekly technical analysis of Banaras Beads (BANARBEADS)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	100.62	104.34	104.99	100.00	0.752 times
26 Fri Jul 2024	101.22	100.00	104.51	99.25	0.533 times
19 Fri Jul 2024	101.44	104.55	109.30	100.22	0.708 times
12 Fri Jul 2024	104.70	103.89	107.72	100.43	0.896 times
05 Fri Jul 2024	103.10	99.00	107.64	97.05	0.915 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 Beads (BANARBEADS)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	100.62	101.98	104.99	100.00	0.037 times
31 Wed Jul 2024	100.79	99.00	109.30	97.05	0.876 times
28 Fri Jun 2024	100.37	88.10	109.60	81.70	7.789 times
31 Fri May 2024	86.60	94.80	97.40	86.00	0.726 times

Scroll below to view daily charts

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 Beads (BANARBEADS)

Price action analysis of Banaras Beads ( (BANARBEADS) ) based on a short 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 Banaras Beads ( (BANARBEADS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 Banaras Beads stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Banaras Beads 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 Banaras Beads is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 101.39 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 positive

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