Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-15 View latest technical analysis

10 day averaged volume of Binani Industries is 18722

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	16.16	16.65	16.65	15.70	0.628 times
12 Fri Jul 2024	16.38	16.50	16.74	16.06	0.958 times
11 Thu Jul 2024	16.06	15.02	16.22	15.02	1.601 times
10 Wed Jul 2024	15.45	15.57	15.78	15.31	0.847 times
09 Tue Jul 2024	15.57	15.60	15.86	15.50	0.522 times
08 Mon Jul 2024	15.73	15.21	16.13	15.21	0.569 times
05 Fri Jul 2024	15.79	15.61	16.23	15.61	0.771 times
04 Thu Jul 2024	15.83	16.20	16.20	15.51	0.78 times
03 Wed Jul 2024	16.29	16.19	16.35	15.38	3.022 times
02 Tue Jul 2024	16.19	16.50	16.50	15.89	0.313 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 16.2 as stoploss in an intra day sell trade for a target of 15.98. However, stock will show a bullish move above 16.2.

Share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Target	13.30
Downside Target	13.85
Downside Target	15.02
Downside Target	15.35
Downside Target	16.15
Upside Target	16.50
Upside Target	16.70
Upside Target	16.73
Upside Target	16.74
Upside Target	17.70
Upside Target	18.15

Intraday share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Intraday Target	15.69
Downside Intraday Target	15.22
Upside Intraday Target	16.64
Upside Intraday Target	17.12
Upside Intraday Target	16.17

Weekly technical analysis of Binani Industries (BINANIIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	16.16	16.65	16.65	15.70	0.14 times
12 Fri Jul 2024	16.38	15.21	16.74	15.02	0.817 times
05 Fri Jul 2024	15.79	16.29	16.50	15.38	1.039 times
28 Fri Jun 2024	15.76	16.07	16.68	15.35	1.579 times
21 Fri Jun 2024	16.07	15.90	16.73	15.65	0.725 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	16.16	16.29	16.74	15.02	0.561 times
28 Fri Jun 2024	15.76	18.15	18.15	15.35	9.389 times
31 Fri May 2024	17.30	17.70	17.70	16.15	0.265 times
22 Mon Apr 2024	15.35	14.35	16.70	13.85	0.216 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 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_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Binani Industries ( (BINANIIND_BE) ) based on a mid to longer 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.

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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Binani Industries in short term but SELL 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 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 16.04 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 rising upwards.

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 is giving positive 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.