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(BURNPUR_BE) Burnpur Cement complete technical analysis [charts+indicators] | Buy/Sell Burnpur Cement | (BURNPUR_BE) share price targets

Complete technical analysis of Burnpur Cement (BURNPUR_BE) by charts plus indicators, forecast predictions and share price targets for Burnpur Cement (BURNPUR_BE)

Showing technical analysis as on 2024-10-30 View latest technical analysis

10 day averaged volume of Burnpur Cement is 162994

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	6.30	6.25	6.37	6.13	0.274 times
29 Tue Oct 2024	6.16	6.20	6.24	6.02	0.301 times
28 Mon Oct 2024	6.06	6.24	6.24	5.81	0.556 times
25 Fri Oct 2024	6.08	6.33	6.33	6.02	0.489 times
24 Thu Oct 2024	6.20	6.12	6.28	6.00	0.945 times
23 Wed Oct 2024	6.12	6.11	6.35	6.08	1.7 times
22 Tue Oct 2024	6.40	6.70	6.88	6.40	1.457 times
21 Mon Oct 2024	6.74	7.31	7.31	6.63	1.998 times
18 Fri Oct 2024	6.97	6.97	6.97	6.97	1.372 times
17 Thu Oct 2024	6.64	6.30	6.64	6.30	0.507 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 6.2 as stoploss in an intra day buy trade for a target of 6.51. However, stock will show a bearish move below 6.2.

Share price targets for Burnpur Cement (BURNPUR_BE)

Target Type	Value
Downside Target	5.81
Downside Target	6.00
Downside Target	6.30
Upside Target	6.71
Upside Target	6.85
Upside Target	7.31
Upside Target	7.80
Upside Target	8.67
Upside Target	8.69
Upside Target	12.97

Intraday share price targets for Burnpur Cement (BURNPUR_BE)

Target Type	Value
Downside Intraday Target	5.95
Downside Intraday Target	5.6
Upside Intraday Target	6.51
Upside Intraday Target	6.72
Downside Intraday Target	6.16

Weekly technical analysis of Burnpur Cement (BURNPUR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	6.30	6.24	6.37	5.81	0.172 times
25 Fri Oct 2024	6.08	7.31	7.31	6.00	1.844 times
18 Fri Oct 2024	6.97	6.80	6.97	6.30	1.106 times
11 Fri Oct 2024	6.61	6.95	6.96	6.30	1.062 times
04 Fri Oct 2024	6.87	6.81	7.05	6.71	0.593 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 Burnpur Cement (BURNPUR_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	6.30	6.89	7.31	5.81	0.749 times
30 Mon Sep 2024	6.87	7.75	7.80	6.71	0.585 times
30 Fri Aug 2024	7.54	8.51	8.67	7.06	0.848 times
31 Wed Jul 2024	8.69	10.00	12.97	8.69	1.183 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 Burnpur Cement (BURNPUR_BE)

Price action analysis of Burnpur Cement ( (BURNPUR_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 Burnpur Cement ( (BURNPUR_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 Burnpur Cement ( (BURNPUR_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 Burnpur Cement stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Burnpur Cement 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.

Burnpur Cement 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 Burnpur Cement in short term but BUY signal is weak.

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 Burnpur Cement is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.45 and Burnpur Cement (BURNPUR_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Burnpur Cement (BURNPUR_BE) stock. Volume based technical analysis of Burnpur Cement (BURNPUR_BE) stock is negative.

Burnpur Cement 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.