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(BASML) Bannari Amman complete technical analysis [charts+indicators] | Buy/Sell Bannari Amman | (BASML) share price targets

Complete technical analysis of Bannari Amman (BASML) by charts plus indicators, forecast predictions and share price targets for Bannari Amman (BASML)

Bannari Amman trades in NSE in Textiles sector.

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Bannari Amman is 340921

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	44.30	45.00	45.05	43.80	0.614 times
04 Thu Apr 2024	44.25	44.00	45.00	44.00	0.281 times
03 Wed Apr 2024	43.90	43.65	45.00	43.50	0.714 times
02 Tue Apr 2024	44.20	44.40	45.40	43.20	1.107 times
01 Mon Apr 2024	44.40	38.00	45.35	38.00	1.752 times
28 Thu Mar 2024	37.80	38.55	39.50	37.50	1.082 times
27 Wed Mar 2024	38.05	39.50	40.20	37.60	1.416 times
26 Tue Mar 2024	38.85	40.80	40.80	38.40	1.069 times
22 Fri Mar 2024	40.40	39.90	41.85	39.50	0.558 times
21 Thu Mar 2024	39.90	38.50	41.15	38.50	1.167 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44, but if it comes below 44, then a intra day sell could be more profitable.
If you take a sell trade below 44, then use 44 as stoploss and 41.22 as target. However if you take a buy trade in stock , then use 44 as stoploss and 47.3 as target.

Share price targets for Bannari Amman (BASML)

Target Type	Value
Downside Target	37.50
Downside Target	40.80
Downside Target	41.85
Downside Target	44.05
Upside Target	44.95
Upside Target	46.70
Upside Target	47.50
Upside Target	48.45
Upside Target	49.00
Upside Target	52.80
Upside Target	58.50
Upside Target	59.50

Intraday share price targets for Bannari Amman (BASML)

Target Type	Value
Downside Intraday Target	39.73
Downside Intraday Target	35.17
Upside Intraday Target	47.13
Upside Intraday Target	49.97
Downside Intraday Target	42.57

Weekly technical analysis of Bannari Amman (BASML)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	44.30	38.00	45.40	38.00	1.253 times
28 Thu Mar 2024	37.80	40.80	40.80	37.50	0.828 times
22 Fri Mar 2024	40.40	39.40	41.85	38.00	0.659 times
15 Fri Mar 2024	38.90	46.30	46.70	37.55	2.885 times
07 Thu Mar 2024	45.85	48.45	48.45	44.05	0.623 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 Bannari Amman (BASML)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	44.30	38.00	45.40	38.00	0.261 times
28 Thu Mar 2024	37.80	46.75	49.00	37.50	0.651 times
29 Thu Feb 2024	46.50	57.30	58.50	44.95	0.46 times
31 Wed Jan 2024	57.45	48.25	59.50	47.50	3.978 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 Bannari Amman (BASML)

Price action analysis of Bannari Amman ( (BASML) ) 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 Bannari Amman ( (BASML) ) 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 Bannari Amman ( (BASML) ) 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 Bannari Amman stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bannari Amman 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.

Bannari Amman Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 SELL signal for Bannari Amman in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 Bannari Amman is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.3 and Bannari Amman (BASML) 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 Bannari Amman (BASML) stock. Volume based technical analysis of Bannari Amman (BASML) stock is negative.

Bannari Amman 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.