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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 2024-07-26 View latest technical analysis

10 day averaged volume of Binani Industries is 18364

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	15.48	15.64	15.92	15.41	1.145 times
25 Thu Jul 2024	15.63	14.90	16.17	14.90	1.096 times
24 Wed Jul 2024	15.40	15.61	15.65	15.26	0.337 times
23 Tue Jul 2024	15.61	15.31	16.04	15.02	0.802 times
22 Mon Jul 2024	15.31	15.00	15.74	15.00	0.249 times
19 Fri Jul 2024	15.16	15.00	16.20	15.00	1.349 times
18 Thu Jul 2024	15.61	15.50	16.00	15.50	0.454 times
16 Tue Jul 2024	16.01	16.16	16.44	16.00	0.569 times
29 Wed May 2024	16.95	17.30	17.70	16.95	1.622 times
28 Tue May 2024	17.85	18.00	18.75	17.85	2.037 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 15.2 as stoploss in an intra day buy trade for a target of 16.84. However, stock will show a bearish move below 15.2.

Share price targets for Binani Industries (BINANIIND)

Target Type	Value
Downside Target	14.30
Downside Target	14.90
Upside Target	16.17
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	14.86
Downside Intraday Target	14.25
Upside Intraday Target	16.13
Upside Intraday Target	16.79
Upside Intraday Target	15.52

Weekly technical analysis of Binani Industries (BINANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	15.48	15.00	16.17	14.90	1.53 times
19 Fri Jul 2024	15.16	16.16	16.44	15.00	0.461 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

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 Binani Industries (BINANIIND)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	15.48	16.16	16.44	14.90	0.214 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 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 Binani Industries ( (BINANIIND) ) 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 Binani Industries ( (BINANIIND) ) 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 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Binani Industries in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16.24 and Binani Industries (BINANIIND) 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 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.