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(BANSWRAS) Banswara Syntex complete technical analysis [charts+indicators] | Buy/Sell Banswara Syntex | (BANSWRAS) share price targets

Complete technical analysis of Banswara Syntex (BANSWRAS) by charts plus indicators, forecast predictions and share price targets for Banswara Syntex (BANSWRAS)

Banswara Syntex trades in NSE in Textiles sector.

Showing technical analysis as on 2024-04-18 View latest technical analysis

10 day averaged volume of Banswara Syntex is 50905

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	146.95	148.00	153.05	145.05	0.913 times
16 Tue Apr 2024	148.70	147.30	152.55	146.75	0.677 times
15 Mon Apr 2024	148.70	145.60	151.65	145.60	0.81 times
12 Fri Apr 2024	152.60	153.40	156.80	150.20	1.582 times
10 Wed Apr 2024	153.40	150.80	154.80	150.05	0.617 times
09 Tue Apr 2024	150.05	153.55	156.50	148.75	0.654 times
08 Mon Apr 2024	152.70	154.80	160.90	152.30	2.045 times
05 Fri Apr 2024	154.75	152.20	157.00	150.55	1.203 times
04 Thu Apr 2024	151.45	150.00	152.90	148.90	0.734 times
03 Wed Apr 2024	150.75	148.45	152.90	148.45	0.548 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 146.6 as stoploss in an intra day buy trade for a target of 149.81. However, stock will show a bearish move below 146.6.

Share price targets for Banswara Syntex (BANSWRAS)

Target Type	Value
Downside Target	136.20
Downside Target	144.35
Upside Target	148.75
Upside Target	154.40
Upside Target	157.00
Upside Target	159.90
Upside Target	160.90
Upside Target	164.45
Upside Target	172.85
Upside Target	175.80

Intraday share price targets for Banswara Syntex (BANSWRAS)

Target Type	Value
Downside Intraday Target	143.65
Downside Intraday Target	140.35
Upside Intraday Target	151.65
Upside Intraday Target	156.35
Upside Intraday Target	148.35

Weekly technical analysis of Banswara Syntex (BANSWRAS)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	146.95	145.60	153.05	145.05	0.49 times
12 Fri Apr 2024	152.60	154.80	160.90	148.75	1.172 times
05 Fri Apr 2024	154.75	145.15	157.00	144.50	0.803 times
28 Thu Mar 2024	144.15	149.00	151.00	138.30	0.733 times
22 Fri Mar 2024	149.60	145.25	159.90	141.05	1.024 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 Banswara Syntex (BANSWRAS)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	146.95	145.15	160.90	144.50	0.413 times
28 Thu Mar 2024	144.15	161.50	164.45	138.00	0.409 times
29 Thu Feb 2024	159.80	155.00	175.80	140.20	1.115 times
31 Wed Jan 2024	155.00	147.40	172.85	144.35	1.132 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 Banswara Syntex (BANSWRAS)

Price action analysis of Banswara Syntex ( (BANSWRAS) ) 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 Banswara Syntex ( (BANSWRAS) ) based on a short to mid 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 Banswara Syntex ( (BANSWRAS) ) 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 Banswara Syntex stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Banswara Syntex in short term and the sell signal is strong.

Banswara Syntex 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 red color and prices are below the red cloud Prices appear to be coming down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 151.46 and Banswara Syntex (BANSWRAS) 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 Banswara Syntex (BANSWRAS) stock. Volume based technical analysis of Banswara Syntex (BANSWRAS) stock is negative.

Banswara Syntex 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.