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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 2024-08-08 View latest technical analysis

10 day averaged volume of Banswara Syntex is 148221

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	148.30	152.35	152.35	147.05	0.688 times
07 Wed Aug 2024	150.74	155.99	157.64	150.00	1.238 times
06 Tue Aug 2024	154.52	158.65	173.00	150.20	3.421 times
05 Mon Aug 2024	156.29	161.36	165.51	155.60	0.942 times
02 Fri Aug 2024	168.08	168.70	172.19	167.05	0.454 times
01 Thu Aug 2024	172.60	171.49	174.50	169.66	0.651 times
31 Wed Jul 2024	169.33	169.99	174.50	168.75	0.621 times
30 Tue Jul 2024	169.32	169.00	171.11	169.00	0.434 times
29 Mon Jul 2024	170.01	173.88	173.88	169.00	0.519 times
26 Fri Jul 2024	171.49	171.90	174.99	168.77	0.837 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 148, for a target of 157 or 164.56

Share price targets for Banswara Syntex (BANSWRAS)

Target Type	Value
Downside Target	133.05
Downside Target	138.80
Downside Target	144.50
Upside Target	157.10
Upside Target	167.05
Upside Target	172.68
Upside Target	173.00
Upside Target	174.50
Upside Target	176.52
Upside Target	182.59

Intraday share price targets for Banswara Syntex (BANSWRAS)

Target Type	Value
Downside Intraday Target	139.23
Downside Intraday Target	130.17
Upside Intraday Target	165.18
Upside Intraday Target	182.07
Upside Intraday Target	156.12

Weekly technical analysis of Banswara Syntex (BANSWRAS)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	148.30	161.36	173.00	147.05	2.348 times
02 Fri Aug 2024	168.08	173.88	174.50	167.05	0.442 times
26 Fri Jul 2024	171.49	158.43	182.59	149.03	3.302 times
19 Fri Jul 2024	158.43	167.50	172.68	157.10	0.484 times
12 Fri Jul 2024	168.78	171.99	176.52	160.73	0.46 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Banswara Syntex (BANSWRAS)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	148.30	171.49	174.50	147.05	0.344 times
31 Wed Jul 2024	169.33	150.60	182.59	149.03	2.398 times
28 Fri Jun 2024	149.98	143.05	159.00	133.05	1.114 times
31 Fri May 2024	141.20	149.75	158.00	138.80	1.343 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 green color and prices are in or below the green 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 159.47 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.