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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 2024-11-27 View latest technical analysis

10 day averaged volume of Binani Industries is 8177

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	15.47	15.24	15.93	14.81	1.018 times
26 Tue Nov 2024	15.29	15.01	15.49	14.61	0.611 times
25 Mon Nov 2024	15.01	14.61	15.20	14.61	0.367 times
22 Fri Nov 2024	14.89	15.02	15.45	14.88	0.665 times
21 Thu Nov 2024	14.99	15.39	15.39	14.61	1.472 times
19 Tue Nov 2024	15.22	15.55	15.89	14.87	0.976 times
18 Mon Nov 2024	15.55	15.12	15.59	14.57	0.941 times
14 Thu Nov 2024	15.12	15.60	15.89	14.90	1.564 times
13 Wed Nov 2024	15.60	16.40	16.40	15.58	0.819 times
12 Tue Nov 2024	16.40	16.31	16.82	16.21	1.911 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 15.2 as stoploss in an intra day buy trade for a target of 15.77. However, stock will show a bearish move below 15.2.

Share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Target	14.57
Downside Target	15.35
Upside Target	16.33
Upside Target	16.34
Upside Target	16.74
Upside Target	17.27
Upside Target	17.40
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	14.74
Downside Intraday Target	14.02
Upside Intraday Target	16.06
Upside Intraday Target	16.66
Downside Intraday Target	15.34

Weekly technical analysis of Binani Industries (BINANIIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	15.47	14.61	15.93	14.61	0.492 times
22 Fri Nov 2024	14.89	15.12	15.89	14.57	0.816 times
14 Thu Nov 2024	15.12	17.40	17.40	14.90	0.519 times
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

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
27 Wed Nov 2024	15.47	16.15	17.40	14.57	0.493 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 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_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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 15.45 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.