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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 2024-09-17 View latest technical analysis

10 day averaged volume of Banco Products is 55528

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	683.35	670.05	693.90	670.05	1.851 times
16 Mon Sep 2024	669.40	673.00	681.95	667.10	0.833 times
13 Fri Sep 2024	672.60	671.25	678.95	667.10	0.659 times
12 Thu Sep 2024	667.05	673.00	674.70	665.60	0.735 times
11 Wed Sep 2024	670.50	680.65	680.65	667.95	0.515 times
10 Tue Sep 2024	676.05	670.00	678.60	665.00	0.932 times
09 Mon Sep 2024	667.60	680.50	683.50	663.10	0.944 times
06 Fri Sep 2024	680.65	678.50	689.25	668.10	1.26 times
05 Thu Sep 2024	684.25	682.15	702.95	682.00	1.26 times
04 Wed Sep 2024	677.60	685.95	685.95	676.00	0.96 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 682.1, but if it comes below 682.1, then a intra day sell could be more profitable.
If you take a sell trade below 682.1, then use 682.1 as stoploss and 675.13 as target. However if you take a buy trade in stock , then use 682.1 as stoploss and 690.4 as target.

Share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Target	518.40
Downside Target	557.00
Downside Target	637.00
Downside Target	650.00
Upside Target	683.50
Upside Target	693.90
Upside Target	697.00
Upside Target	702.95
Upside Target	727.00
Upside Target	767.45
Upside Target	799.15

Intraday share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Intraday Target	669
Downside Intraday Target	654.65
Upside Intraday Target	695.8
Upside Intraday Target	708.25
Downside Intraday Target	681.45

Weekly technical analysis of Banco Products (BANCOINDIA)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	683.35	673.00	693.90	667.10	0.709 times
13 Fri Sep 2024	672.60	680.50	683.50	663.10	0.578 times
06 Fri Sep 2024	680.65	682.50	702.95	668.10	0.822 times
30 Fri Aug 2024	678.35	675.45	697.00	660.75	0.722 times
23 Fri Aug 2024	675.45	682.20	690.00	654.00	1.353 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 Banco Products (BANCOINDIA)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	683.35	682.50	702.95	663.10	0.258 times
30 Fri Aug 2024	678.35	761.90	767.45	637.00	0.346 times
31 Wed Jul 2024	759.35	706.80	799.15	650.00	2.054 times
28 Fri Jun 2024	687.70	618.00	727.00	518.40	2.714 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 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 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 Banco Products ( (BANCOINDIA) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 Banco Products in short term and BUY 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 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 676.64 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 falling down

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 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.