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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 2024-09-04 View latest technical analysis

10 day averaged volume of Binani Industries is 23458

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	14.70	15.08	15.08	14.55	0.289 times
03 Tue Sep 2024	14.82	15.21	15.21	14.51	0.563 times
02 Mon Sep 2024	14.58	15.10	15.10	14.51	1.114 times
30 Fri Aug 2024	14.95	15.49	15.49	14.82	0.423 times
29 Thu Aug 2024	14.96	15.18	15.57	14.75	1.434 times
28 Wed Aug 2024	15.18	14.95	15.40	14.95	0.663 times
27 Tue Aug 2024	14.89	15.10	15.54	14.76	1.633 times
26 Mon Aug 2024	15.27	15.94	15.94	15.15	0.801 times
23 Fri Aug 2024	15.36	15.30	16.15	15.10	1.679 times
22 Thu Aug 2024	14.98	14.96	15.50	14.91	1.029 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14.8, but if it comes above 14.8, then a intra day buy could be more profitable.
If you take a sell trade below 14.8, then use 14.8 as stoploss and 14.4 as target. However if you take a buy trade in stock , then use 14.8 as stoploss and 15.21 as target.

Share price targets for Binani Industries (BINANIIND)

Target Type	Value
Downside Target	14.30
Upside Target	15.21
Upside Target	15.94
Upside Target	16.15
Upside Target	16.29
Upside Target	16.44
Upside Target	17.00
Upside Target	17.19
Upside Target	20.80

Intraday share price targets for Binani Industries (BINANIIND)

Target Type	Value
Downside Intraday Target	14.4
Downside Intraday Target	14.11
Upside Intraday Target	15.1
Upside Intraday Target	15.51
Upside Intraday Target	14.81

Weekly technical analysis of Binani Industries (BINANIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	14.70	15.10	15.21	14.51	0.397 times
30 Fri Aug 2024	14.95	15.94	15.94	14.75	0.696 times
23 Fri Aug 2024	15.36	15.99	16.15	14.80	1.106 times
16 Fri Aug 2024	15.38	16.37	17.19	15.14	1.915 times
09 Fri Aug 2024	15.80	15.29	16.29	15.05	0.395 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
04 Wed Sep 2024	14.70	15.10	15.21	14.51	0.079 times
30 Fri Aug 2024	14.95	16.75	17.19	14.75	2.488 times
31 Wed Jul 2024	16.08	16.16	16.44	14.90	0.458 times
29 Wed May 2024	16.95	16.25	20.80	14.50	3.185 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 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 gaining momentum.

MACD generated a BUY signal for Binani Industries in short term but the buy signal is initial and weak.

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

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 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 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 15 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.