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 2024-11-08 View latest technical analysis

10 day averaged volume of Binani Industries is 12787

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	16.75	16.77	17.09	15.83	0.934 times
07 Thu Nov 2024	16.28	16.76	17.00	16.06	1.453 times
06 Wed Nov 2024	16.36	16.45	17.27	15.82	2.699 times
05 Tue Nov 2024	16.45	16.29	16.85	16.10	0.84 times
04 Mon Nov 2024	16.08	16.34	16.34	15.62	0.195 times
01 Fri Nov 2024	16.15	16.15	16.34	16.00	0.342 times
31 Thu Oct 2024	15.57	15.60	15.90	15.50	0.785 times
30 Wed Oct 2024	15.74	15.51	15.85	15.40	0.338 times
29 Tue Oct 2024	15.39	15.30	15.70	14.75	0.756 times
28 Mon Oct 2024	15.30	15.64	16.14	14.85	0.979 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 16.8 as stoploss in an intra day sell trade for a target of 16.27. However, stock will show a bullish move above 16.8.

Share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Target	14.75
Downside Target	16.20
Downside Target	16.74
Upside Target	17.15
Upside Target	17.27
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	15.82
Downside Intraday Target	14.9
Upside Intraday Target	17.47
Upside Intraday Target	18.2
Downside Intraday Target	16.55

Weekly technical analysis of Binani Industries (BINANIIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	16.75	16.34	17.27	15.62	1.913 times
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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	16.75	16.15	17.27	15.62	0.236 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 neutral. A longer time frame might give a better analysis.

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 16.1 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.