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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 2024-11-01 View latest technical analysis

10 day averaged volume of Binani Industries is 14387

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	16.15	16.15	16.34	16.00	0.304 times
31 Thu Oct 2024	15.57	15.60	15.90	15.50	0.698 times
30 Wed Oct 2024	15.74	15.51	15.85	15.40	0.3 times
29 Tue Oct 2024	15.39	15.30	15.70	14.75	0.672 times
28 Mon Oct 2024	15.30	15.64	16.14	14.85	0.87 times
25 Fri Oct 2024	15.64	15.42	16.49	15.29	1.434 times
24 Thu Oct 2024	16.10	16.11	16.40	15.31	1.099 times
23 Wed Oct 2024	16.11	15.50	16.48	15.50	0.83 times
22 Tue Oct 2024	15.98	16.90	17.15	15.93	1.768 times
21 Mon Oct 2024	16.51	16.80	17.00	16.25	0.429 times

My analysis of stock is bearish for shortterm, and stock might move down till 15.8 or till 15. Use a stoploss of 16.48 and if the stock hits stoploss, then it can shoot up till 17.17

Share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Target	14.75
Downside Target	16.00
Upside Target	16.74
Upside Target	17.15
Upside Target	17.80
Upside Target	17.93
Upside Target	18.13
Upside Target	18.15
Upside Target	19.99
Upside Target	22.40

Intraday share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Intraday Target	15.15
Downside Intraday Target	14.16
Upside Intraday Target	16.74
Upside Intraday Target	17.34
Downside Intraday Target	15.75

Weekly technical analysis of Binani Industries (BINANIIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	16.15	15.64	16.34	14.75	0.511 times
25 Fri Oct 2024	15.64	16.80	17.15	15.29	1.014 times
18 Fri Oct 2024	16.80	17.20	17.93	16.60	0.999 times
11 Fri Oct 2024	17.32	18.13	18.13	16.20	0.79 times
04 Fri Oct 2024	17.82	19.66	19.99	17.80	0.393 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 Fri Nov 2024	16.15	16.15	16.34	16.00	0.012 times
31 Thu Oct 2024	15.57	19.30	19.99	14.75	0.96 times
30 Mon Sep 2024	19.02	22.02	22.40	16.33	1.835 times
15 Mon Jul 2024	16.16	16.29	16.74	15.02	0.561 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 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_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 losing momentum.

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

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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Binani Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 15.82 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.