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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 2024-12-03 View latest technical analysis

10 day averaged volume of Binani Industries is 6685

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	15.37	15.45	15.65	15.00	0.765 times
02 Mon Dec 2024	15.45	15.50	15.50	15.00	1.096 times
29 Fri Nov 2024	15.20	15.48	15.70	15.06	0.893 times
28 Thu Nov 2024	15.61	15.32	15.99	14.88	0.61 times
27 Wed Nov 2024	15.47	15.24	15.93	14.81	1.245 times
26 Tue Nov 2024	15.29	15.01	15.49	14.61	0.747 times
25 Mon Nov 2024	15.01	14.61	15.20	14.61	0.449 times
22 Fri Nov 2024	14.89	15.02	15.45	14.88	0.814 times
21 Thu Nov 2024	14.99	15.39	15.39	14.61	1.8 times
19 Tue Nov 2024	15.22	15.55	15.89	14.87	1.194 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 15.1 as stoploss in an intra day buy trade for a target of 15.71. However, stock will show a bearish move below 15.1.

Share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Target	14.57
Upside Target	15.62
Upside Target	15.89
Upside Target	15.99
Upside Target	16.33
Upside Target	16.74
Upside Target	17.27
Upside Target	17.40
Upside Target	19.99
Upside Target	22.40

Intraday share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Intraday Target	15.03
Downside Intraday Target	14.69
Upside Intraday Target	15.68
Upside Intraday Target	15.99
Downside Intraday Target	15.34

Weekly technical analysis of Binani Industries (BINANIIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	15.37	15.50	15.65	15.00	0.472 times
29 Fri Nov 2024	15.20	14.61	15.99	14.61	0.795 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

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
03 Tue Dec 2024	15.37	15.50	15.65	15.00	0.068 times
29 Fri Nov 2024	15.20	16.15	17.40	14.57	0.522 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

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 BUY. 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. Bulls are getting tired and bears are picking up momentum.

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

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 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 15.24 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.