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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 2024-08-02 View latest technical analysis

10 day averaged volume of Bannari Amman is 1505494

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	57.88	56.95	59.50	56.00	0.421 times
01 Thu Aug 2024	59.00	60.40	62.64	58.50	0.687 times
31 Wed Jul 2024	60.40	59.80	62.47	58.27	2.134 times
30 Tue Jul 2024	59.12	56.63	62.20	55.85	3.287 times
29 Mon Jul 2024	56.63	51.95	57.87	51.50	2.107 times
26 Fri Jul 2024	51.72	51.00	52.04	50.61	0.26 times
25 Thu Jul 2024	50.98	47.40	52.60	47.10	0.759 times
24 Wed Jul 2024	47.05	47.39	49.04	46.80	0.192 times
23 Tue Jul 2024	47.61	48.50	49.32	46.45	0.239 times
22 Mon Jul 2024	49.13	47.00	50.08	46.34	0.205 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 55.7, but if it comes below 55.7, then a intra day sell could be more profitable.
If you take a sell trade below 55.7, then use 55.7 as stoploss and 51.34 as target. However if you take a buy trade in stock , then use 55.7 as stoploss and 61 as target.

Share price targets for Bannari Amman (BASML)

Target Type	Value
Downside Target	38.00
Downside Target	39.90
Downside Target	43.00
Downside Target	46.34
Downside Target	49.85
Downside Target	51.19
Downside Target	52.60
Downside Target	53.20
Downside Target	53.75
Downside Target	56.00
Upside Target	62.47
Upside Target	62.64

Intraday share price targets for Bannari Amman (BASML)

Target Type	Value
Downside Intraday Target	52.04
Downside Intraday Target	46.2
Upside Intraday Target	63.18
Upside Intraday Target	68.48
Downside Intraday Target	57.34

Weekly technical analysis of Bannari Amman (BASML)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	57.88	51.95	62.64	51.50	5.218 times
26 Fri Jul 2024	51.72	47.00	52.60	46.34	2.036 times
19 Fri Jul 2024	47.48	47.92	51.35	47.10	1.047 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

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

Monthly technical analysis of Bannari Amman (BASML)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	57.88	60.40	62.64	56.00	0.098 times
31 Wed Jul 2024	60.40	48.38	62.47	46.34	3.905 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

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 Bannari Amman (BASML)

Price action analysis of Bannari Amman ( (BASML) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bannari Amman stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Bannari Amman in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Stock of Bannari Amman is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.34 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.