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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 2024-12-16 View latest technical analysis

10 day averaged volume of Binani Industries is 9800

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	15.87	15.12	15.87	15.01	1.815 times
13 Fri Dec 2024	15.12	15.20	15.39	15.00	0.618 times
12 Thu Dec 2024	15.19	15.58	15.68	15.05	0.656 times
11 Wed Dec 2024	15.38	15.02	16.00	15.02	0.749 times
10 Tue Dec 2024	15.41	15.86	15.94	14.66	1.535 times
09 Mon Dec 2024	15.43	15.95	15.95	15.40	1.208 times
06 Fri Dec 2024	15.97	16.00	16.35	15.51	1.822 times
05 Thu Dec 2024	15.97	15.66	16.25	15.11	1.257 times
04 Wed Dec 2024	15.48	15.64	15.98	15.12	0.885 times
03 Tue Dec 2024	15.37	15.45	15.65	15.00	0.522 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 15.7, but if it comes below 15.7, then a intra day sell could be more profitable.
If you take a sell trade below 15.7, then use 15.7 as stoploss and 15.39 as target. However if you take a buy trade in stock , then use 15.7 as stoploss and 16 as target.

Share price targets for Binani Industries (BINANIIND_BE)

Target Type	Value
Downside Target	14.57
Downside Target	15.87
Upside Target	15.99
Upside Target	16.00
Upside Target	16.33
Upside Target	16.35
Upside Target	16.74
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	15.3
Downside Intraday Target	14.72
Upside Intraday Target	16.16
Upside Intraday Target	16.44
Downside Intraday Target	15.58

Weekly technical analysis of Binani Industries (BINANIIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	15.87	15.12	15.87	15.01	0.381 times
13 Fri Dec 2024	15.12	15.95	16.00	14.66	0.911 times
06 Fri Dec 2024	15.97	15.50	16.35	15.00	1.945 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

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
16 Mon Dec 2024	15.87	15.50	16.35	14.66	0.633 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 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 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 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. 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 15.62 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.