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(BIKAJI) Bikaji Foods complete technical analysis [charts+indicators] | Buy/Sell Bikaji Foods | (BIKAJI) share price targets

Complete technical analysis of Bikaji Foods (BIKAJI) by charts plus indicators, forecast predictions and share price targets for Bikaji Foods (BIKAJI)

Showing technical analysis as on 2024-03-06 View latest technical analysis

10 day averaged volume of Bikaji Foods is 233282

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	516.15	503.50	519.70	503.50	2.382 times
05 Tue Mar 2024	506.75	517.00	517.00	499.80	1.975 times
04 Mon Mar 2024	516.85	526.95	526.95	514.50	0.363 times
02 Sat Mar 2024	522.40	520.00	529.00	515.05	0.087 times
01 Fri Mar 2024	517.90	527.95	528.00	515.00	0.395 times
29 Thu Feb 2024	521.85	518.50	530.00	514.05	1.362 times
28 Wed Feb 2024	519.10	526.00	526.00	513.00	1.928 times
27 Tue Feb 2024	525.60	530.90	533.90	525.00	0.8 times
26 Mon Feb 2024	527.60	531.65	531.65	524.15	1.407 times
23 Fri Feb 2024	527.75	531.00	532.00	524.80	1.224 times

Stock of Bikaji Foods (BIKAJI) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 517.6, but if it comes above 517.6, then a intra day buy could be more profitable.
If you take a sell trade below 517.6, then use 517.6 as stoploss and 504.5 as target. However if you take a buy trade in stock , then use 517.6 as stoploss and 528.52 as target.

Share price targets for Bikaji Foods (BIKAJI)

Target Type	Value
Downside Target	467.05
Downside Target	499.80
Downside Target	513.00
Upside Target	543.05
Upside Target	546.50
Upside Target	552.85
Upside Target	564.45
Upside Target	575.90
Upside Target	580.00
Upside Target	598.90
Upside Target	605.90

Intraday share price targets for Bikaji Foods (BIKAJI)

Target Type	Value
Downside Intraday Target	501.65
Downside Intraday Target	487.15
Upside Intraday Target	528.8
Upside Intraday Target	541.45
Downside Intraday Target	514.3

Weekly technical analysis of Bikaji Foods (BIKAJI)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	516.15	526.95	526.95	499.80	0.79 times
02 Sat Mar 2024	522.40	531.65	533.90	513.00	0.997 times
23 Fri Feb 2024	527.75	537.00	546.50	524.80	0.297 times
16 Fri Feb 2024	537.40	551.70	552.85	521.55	2.307 times
09 Fri Feb 2024	551.80	548.00	575.90	540.25	0.906 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 Bikaji Foods (BIKAJI)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	516.15	527.95	529.00	499.80	0.113 times
29 Thu Feb 2024	521.85	596.00	598.90	513.00	1.431 times
31 Wed Jan 2024	591.70	546.00	605.90	543.05	1.166 times
29 Fri Dec 2023	546.10	563.95	580.00	520.00	0.597 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 Bikaji Foods (BIKAJI)

Price action analysis of Bikaji Foods ( (BIKAJI) ) 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 Bikaji Foods ( (BIKAJI) ) 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 Bikaji Foods ( (BIKAJI) ) 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 Bikaji Foods stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bikaji Foods in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bikaji Foods 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bikaji Foods in short term but BUY signal is weak.

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 Bikaji Foods is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 519.02 and Bikaji Foods (BIKAJI) 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 Bikaji Foods (BIKAJI) stock. Volume based technical analysis of Bikaji Foods (BIKAJI) stock is negative.

Bikaji Foods 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.