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

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

Banco Products trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Banco Products is 81360

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	616.45	622.05	630.00	610.50	0.664 times
08 Mon Apr 2024	621.30	633.95	633.95	620.00	0.635 times
05 Fri Apr 2024	630.00	627.95	633.45	622.70	0.648 times
04 Thu Apr 2024	627.20	635.10	640.00	624.00	0.832 times
03 Wed Apr 2024	634.25	609.90	638.95	601.15	1.335 times
02 Tue Apr 2024	604.55	604.35	610.00	600.70	0.734 times
01 Mon Apr 2024	604.35	599.95	607.80	594.50	0.996 times
28 Thu Mar 2024	596.95	599.70	607.60	591.05	1.231 times
27 Wed Mar 2024	594.40	583.10	603.70	570.10	1.425 times
26 Tue Mar 2024	583.35	584.05	599.90	576.70	1.059 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 621 as stoploss in an intra day sell trade for a target of 596.27. However, stock will show a bullish move above 621.

Share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Target	512.00
Downside Target	535.65
Downside Target	567.30
Downside Target	594.50
Downside Target	607.60
Upside Target	633.95
Upside Target	636.90
Upside Target	640.00
Upside Target	676.25
Upside Target	681.45
Upside Target	729.90
Upside Target	733.95

Intraday share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Intraday Target	606.65
Downside Intraday Target	596.85
Upside Intraday Target	630.1
Upside Intraday Target	643.75
Upside Intraday Target	620.3

Weekly technical analysis of Banco Products (BANCOINDIA)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	616.45	633.95	633.95	610.50	0.286 times
05 Fri Apr 2024	630.00	599.95	640.00	594.50	1.224 times
28 Thu Mar 2024	596.95	584.05	607.60	570.10	0.548 times
22 Fri Mar 2024	584.05	572.95	614.20	567.30	0.705 times
15 Fri Mar 2024	572.25	636.90	636.90	512.00	3.032 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 Banco Products (BANCOINDIA)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	616.45	599.95	640.00	594.50	0.239 times
28 Thu Mar 2024	596.95	670.20	681.45	512.00	0.493 times
29 Thu Feb 2024	663.55	714.90	729.90	620.10	1.056 times
31 Wed Jan 2024	714.85	639.15	733.95	619.05	1.071 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 Banco Products (BANCOINDIA)

Price action analysis of Banco Products ( (BANCOINDIA) ) 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 Banco Products ( (BANCOINDIA) ) based on a short 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.

Price action analysis of Banco Products ( (BANCOINDIA) ) based on a short to mid 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.

Price action analysis of Banco Products ( (BANCOINDIA) ) 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 Banco Products stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Banco Products in short term but the buy signal is initial and weak.

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

Banco Products Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Banco Products in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Banco Products is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 609.47 and Banco Products (BANCOINDIA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Banco Products (BANCOINDIA) stock. Volume based technical analysis of Banco Products (BANCOINDIA) stock is negative.

Banco Products Stock is giving positive 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.