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

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

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Bandaram is 1511

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	34.75	33.00	34.75	33.00	0.658 times
30 Thu May 2024	34.48	35.15	35.15	33.00	0.333 times
29 Wed May 2024	34.15	32.20	34.15	32.20	1.74 times
28 Tue May 2024	32.53	32.53	32.53	32.53	0.001 times
27 Mon May 2024	32.53	35.17	35.17	32.51	0.367 times
24 Fri May 2024	33.50	34.50	34.65	32.00	4.729 times
23 Thu May 2024	33.00	34.00	34.00	33.00	0.592 times
22 Wed May 2024	33.64	35.90	35.90	32.66	0.334 times
21 Tue May 2024	34.23	34.23	34.23	32.65	1.385 times
17 Fri May 2024	32.60	33.49	33.49	32.42	0.421 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 34.7, but if it comes below 34.7, then a intra day sell could be more profitable.
If you take a sell trade below 34.7, then use 34.7 as stoploss and 33.87 as target. However if you take a buy trade in stock , then use 34.7 as stoploss and 35.8 as target.

Share price targets for Bandaram (Bandaram)

Target Type	Value
Downside Target	29.50
Downside Target	30.29
Downside Target	31.39
Downside Target	33.83
Upside Target	35.17
Upside Target	35.70
Upside Target	35.90
Upside Target	35.92
Upside Target	36.10
Upside Target	37.94
Upside Target	47.76

Intraday share price targets for Bandaram (Bandaram)

Target Type	Value
Downside Intraday Target	32.91
Downside Intraday Target	31.07
Upside Intraday Target	35.88
Upside Intraday Target	37.01
Downside Intraday Target	34.04

Weekly technical analysis of Bandaram (Bandaram)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	34.75	35.17	35.17	32.20	0.44 times
24 Fri May 2024	33.50	34.23	35.90	32.00	4.478 times
17 Fri May 2024	32.60	35.70	36.10	32.37	0.079 times
10 Fri May 2024	34.00	33.92	35.92	33.92	1.366 times
03 Fri May 2024	32.60	34.60	35.70	31.39	1.177 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 Bandaram (Bandaram)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	34.75	34.00	36.10	31.39	0.399 times
30 Tue Apr 2024	34.00	35.21	37.94	29.50	0.482 times
28 Thu Mar 2024	37.06	31.88	47.76	30.29	6.639 times
26 Mon Feb 2024	31.88	32.22	33.83	31.88	3.611 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 Bandaram (Bandaram)

Price action analysis of Bandaram ( (Bandaram) ) 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 Bandaram ( (Bandaram) ) 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 Bandaram ( (Bandaram) ) based on a mid to longer 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.

ADX buy sell signal for Bandaram stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bandaram 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.

Bandaram 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 stronger in this stock.

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 SELL signal for Bandaram in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bandaram is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.72 and Bandaram (Bandaram) 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 Bandaram (Bandaram) stock. Volume based technical analysis of Bandaram (Bandaram) stock is negative.

Bandaram 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.