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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 2024-07-16 View latest technical analysis

10 day averaged volume of Bannari Amman is 195168

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	49.13	47.39	51.10	47.39	2.863 times
15 Mon Jul 2024	47.39	47.92	48.78	47.10	0.454 times
12 Fri Jul 2024	47.91	49.00	49.00	47.65	0.618 times
11 Thu Jul 2024	48.63	48.75	49.04	48.25	0.532 times
10 Wed Jul 2024	48.34	49.50	51.19	47.50	1.728 times
09 Tue Jul 2024	49.91	50.45	51.16	49.29	1.681 times
08 Mon Jul 2024	49.46	50.50	50.99	49.03	1.431 times
05 Fri Jul 2024	49.23	49.00	49.49	48.00	0.713 times
04 Thu Jul 2024	48.44	49.26	49.26	47.75	0.458 times
03 Wed Jul 2024	48.48	49.19	49.49	48.10	0.47 times

Stock of Bannari Amman (BASML) has showed a significant upmove. This could be a good time to enter in this stock!

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 49.5 as stoploss in an intra day sell trade for a target of 48.63. However, stock will show a bullish move above 49.5.

Share price targets for Bannari Amman (BASML)

Target Type	Value
Downside Target	37.50
Downside Target	39.90
Downside Target	43.00
Downside Target	44.00
Downside Target	46.70
Downside Target	49.00
Upside Target	51.10
Upside Target	51.19
Upside Target	51.95
Upside Target	52.01
Upside Target	53.20
Upside Target	53.75

Intraday share price targets for Bannari Amman (BASML)

Target Type	Value
Downside Intraday Target	47.12
Downside Intraday Target	45.11
Upside Intraday Target	51.12
Upside Intraday Target	53.11
Downside Intraday Target	49.11

Weekly technical analysis of Bannari Amman (BASML)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	49.13	47.92	51.10	47.10	0.554 times
12 Fri Jul 2024	47.91	50.50	51.19	47.50	1.479 times
05 Fri Jul 2024	49.23	48.38	49.85	46.91	0.656 times
28 Fri Jun 2024	47.16	49.35	52.01	46.70	0.619 times
21 Fri Jun 2024	49.17	44.00	51.95	44.00	2.913 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
16 Tue Jul 2024	49.13	48.38	51.19	46.91	0.599 times
28 Fri Jun 2024	47.16	45.95	52.01	39.90	1.206 times
31 Fri May 2024	43.75	52.75	53.20	43.00	0.614 times
30 Tue Apr 2024	52.35	38.00	53.75	38.00	1.006 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bannari Amman ( (BASML) ) 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 Bannari Amman ( (BASML) ) 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Bannari Amman in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bannari Amman 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 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 48.95 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.