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

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

Showing technical analysis as on 2024-04-01 View latest technical analysis

10 day averaged volume of Binani Industries is 46153

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	14.60	14.35	14.60	13.85	0.22 times
28 Thu Mar 2024	13.95	14.50	14.85	13.75	0.481 times
27 Wed Mar 2024	14.30	15.05	15.60	14.20	1.07 times
26 Tue Mar 2024	14.90	15.25	15.35	13.95	1.71 times
22 Fri Mar 2024	14.65	14.55	14.80	14.00	2.797 times
21 Thu Mar 2024	14.25	13.95	14.40	13.75	1.177 times
20 Wed Mar 2024	13.75	14.80	14.80	13.65	0.708 times
19 Tue Mar 2024	14.35	14.45	14.80	13.85	0.533 times
18 Mon Mar 2024	14.35	14.90	15.25	14.20	0.597 times
15 Fri Mar 2024	14.65	15.50	15.50	14.10	0.627 times

My analysis of stock is bearish for shortterm, and stock might move down till 13.8 or till 12.7. Use a stoploss of 14.8 and if the stock hits stoploss, then it can shoot up till 15.76

Share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Target	13.30
Downside Target	13.65
Downside Target	14.30
Downside Target	14.60
Upside Target	15.25
Upside Target	15.60
Upside Target	16.85
Upside Target	16.95
Upside Target	17.35
Upside Target	17.70
Upside Target	19.80
Upside Target	21.00

Intraday share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Intraday Target	14.1
Downside Intraday Target	13.6
Upside Intraday Target	14.85
Upside Intraday Target	15.1
Downside Intraday Target	14.35

Weekly technical analysis of Binani Industries (BINANIIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	14.60	14.35	14.60	13.85	0.067 times
28 Thu Mar 2024	13.95	15.25	15.60	13.75	0.561 times
22 Fri Mar 2024	14.65	14.90	15.25	13.65	2.225 times
15 Fri Mar 2024	14.65	14.50	15.50	13.30	1.344 times
07 Thu Mar 2024	14.70	17.35	17.35	14.60	0.584 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 Binani Industries (BINANIIND_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	14.60	14.35	14.60	13.85	0.015 times
28 Thu Mar 2024	13.95	17.60	17.70	13.30	1.462 times
29 Thu Feb 2024	17.25	17.10	19.80	16.95	0.811 times
31 Wed Jan 2024	17.10	16.25	21.00	15.60	2.193 times

Scroll below to view daily charts

Price has moved up 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_BE)

Price action analysis of Binani Industries ( (BINANIIND_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Binani Industries ( (BINANIIND_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Binani Industries ( (BINANIIND_BE) ) 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_BE) ) 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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 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 positive zone. This is a BUY 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 14.47 and Binani Industries (BINANIIND_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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