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(BINANIIND) Binani Industries complete technical analysis [charts+indicators] | Buy/Sell Binani Industries | (BINANIIND) share price targets

Complete technical analysis of Binani Industries (BINANIIND) by charts plus indicators, forecast predictions and share price targets for Binani Industries (BINANIIND)

Binani Industries trades in NSE in Holding Companies sector.

Showing technical analysis as on 2024-07-18 View latest technical analysis

10 day averaged volume of Binani Industries is 37999

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	15.61	15.50	16.00	15.50	0.219 times
16 Tue Jul 2024	16.01	16.16	16.44	16.00	0.275 times
29 Wed May 2024	16.95	17.30	17.70	16.95	0.784 times
28 Tue May 2024	17.85	18.00	18.75	17.85	0.984 times
27 Mon May 2024	18.75	19.45	20.20	18.65	0.718 times
24 Fri May 2024	19.45	20.70	20.80	19.45	1.794 times
23 Thu May 2024	20.45	20.40	20.45	19.30	1.843 times
22 Wed May 2024	19.50	19.45	19.50	18.75	1.027 times
21 Tue May 2024	18.60	17.00	18.60	17.00	1.179 times
18 Sat May 2024	17.75	17.75	17.75	17.70	0.176 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 14.9 as stoploss in an intra day buy trade for a target of 16.73. However, stock will show a bearish move below 14.9.

Share price targets for Binani Industries (BINANIIND)

Target Type	Value
Downside Target	14.30
Downside Target	15.50
Upside Target	16.35
Upside Target	16.95
Upside Target	17.75
Upside Target	19.45
Upside Target	20.20
Upside Target	20.80
Upside Target	21.05
Upside Target	22.75
Upside Target	25.20

Intraday share price targets for Binani Industries (BINANIIND)

Target Type	Value
Downside Intraday Target	15.26
Downside Intraday Target	14.91
Upside Intraday Target	16.2
Upside Intraday Target	16.79
Upside Intraday Target	15.85

Weekly technical analysis of Binani Industries (BINANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	15.61	16.16	16.44	15.50	0.199 times
29 Wed May 2024	16.95	19.45	20.20	16.95	0.425 times
24 Fri May 2024	19.45	17.00	20.80	17.00	1.842 times
18 Sat May 2024	17.75	15.50	17.75	14.55	3.205 times
10 Fri May 2024	14.90	16.35	16.35	14.50	0.296 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 Binani Industries (BINANIIND)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	15.61	16.16	16.44	15.50	0.036 times
29 Wed May 2024	16.95	16.25	20.80	14.50	3.185 times
30 Tue Apr 2024	16.20	14.90	17.00	14.30	1.91 times
06 Tue Jun 2023	21.90	22.40	22.75	21.05	0.061 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 Binani Industries (BINANIIND)

Price action analysis of Binani Industries ( (BINANIIND) ) 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 Binani Industries ( (BINANIIND) ) based on a short to mid 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 Binani Industries ( (BINANIIND) ) 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 Binani Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Binani Industries in short term and the sell signal is strong.

Binani Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Binani Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Binani Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18.87 and Binani Industries (BINANIIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Binani Industries (BINANIIND) stock. Volume based technical analysis of Binani Industries (BINANIIND) stock is negative.

Binani Industries 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.