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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 2024-03-21 View latest technical analysis

10 day averaged volume of Bikaji Foods is 234203

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	498.50	492.85	501.00	487.35	1.042 times
20 Wed Mar 2024	490.35	490.00	494.00	480.35	0.511 times
19 Tue Mar 2024	485.00	492.00	493.20	478.10	0.554 times
18 Mon Mar 2024	488.25	485.00	494.35	483.00	0.937 times
15 Fri Mar 2024	484.95	496.55	496.55	476.10	1.462 times
14 Thu Mar 2024	492.35	502.95	503.00	488.35	0.782 times
13 Wed Mar 2024	503.20	508.25	512.40	489.75	0.965 times
12 Tue Mar 2024	511.90	525.00	525.00	508.00	0.524 times
11 Mon Mar 2024	526.15	533.85	542.00	521.20	0.887 times
07 Thu Mar 2024	533.85	521.00	539.00	509.00	1.005 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 495.3 as stoploss in an intra day buy trade for a target of 510.82. However, stock will show a bearish move below 495.3.

Share price targets for Bikaji Foods (BIKAJI)

Target Type	Value
Downside Target	467.05
Upside Target	499.80
Upside Target	513.00
Upside Target	542.00
Upside Target	543.05
Upside Target	546.50
Upside Target	564.45
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	484.07
Downside Intraday Target	469.63
Upside Intraday Target	506.97
Upside Intraday Target	515.43
Downside Intraday Target	492.53

Weekly technical analysis of Bikaji Foods (BIKAJI)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	498.50	485.00	501.00	478.10	0.659 times
15 Fri Mar 2024	484.95	533.85	542.00	476.10	0.809 times
07 Thu Mar 2024	533.85	526.95	539.00	499.80	0.958 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

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 Bikaji Foods (BIKAJI)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	498.50	527.95	542.00	476.10	0.303 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 501.47 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.