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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 2024-09-20 View latest technical analysis

10 day averaged volume of Banaras Beads is 29674

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	97.99	100.25	101.16	97.15	0.706 times
19 Thu Sep 2024	99.08	102.42	102.44	98.01	0.249 times
18 Wed Sep 2024	99.44	101.25	101.25	98.36	0.198 times
17 Tue Sep 2024	100.28	104.40	104.40	99.61	0.242 times
16 Mon Sep 2024	102.97	105.85	105.85	102.66	0.341 times
13 Fri Sep 2024	104.05	105.15	106.39	103.02	0.542 times
12 Thu Sep 2024	104.38	105.74	105.80	104.01	0.525 times
11 Wed Sep 2024	104.08	103.86	107.00	103.54	0.779 times
10 Tue Sep 2024	103.45	104.32	104.94	102.51	1.054 times
09 Mon Sep 2024	103.67	106.00	107.50	102.25	1.929 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 98.2, but if it comes above 98.2, then a intra day buy could be more profitable.
If you take a sell trade below 98.2, then use 98.2 as stoploss and 95.3 as target. However if you take a buy trade in stock , then use 98.2 as stoploss and 100.68 as target.

Share price targets for Banaras Beads (BANARBEADS)

Target Type	Value
Downside Target	81.70
Downside Target	86.00
Downside Target	94.00
Downside Target	96.00
Upside Target	100.30
Upside Target	104.99
Upside Target	105.85
Upside Target	107.00
Upside Target	107.50
Upside Target	109.30
Upside Target	109.60

Intraday share price targets for Banaras Beads (BANARBEADS)

Target Type	Value
Downside Intraday Target	94.81
Downside Intraday Target	91.63
Upside Intraday Target	103.51
Upside Intraday Target	109.03
Upside Intraday Target	100.33

Weekly technical analysis of Banaras Beads (BANARBEADS)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	97.99	105.85	105.85	97.15	0.36 times
13 Fri Sep 2024	104.05	106.00	107.50	102.25	0.709 times
06 Fri Sep 2024	104.40	99.97	107.00	97.21	5.454 times
30 Fri Aug 2024	98.78	97.97	101.73	96.43	1.041 times
23 Fri Aug 2024	97.20	98.50	100.30	96.00	0.577 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
20 Fri Sep 2024	97.99	99.97	107.50	97.15	1.803 times
30 Fri Aug 2024	98.78	101.98	104.99	94.00	0.244 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

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 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 getting stronger in this stock.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 102.7 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.