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

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

Showing technical analysis as on 2023-09-11 View latest technical analysis

10 day averaged volume of Benares Hot is 481

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Sep 2023	5738.35	5921.95	5921.95	5667.25	0.563 times
08 Fri Sep 2023	5737.60	5949.00	5950.00	5413.00	2.012 times
07 Thu Sep 2023	5896.80	5800.00	5949.00	5800.00	1.119 times
06 Wed Sep 2023	5748.20	5621.00	5850.00	5620.05	1.058 times
05 Tue Sep 2023	5653.45	5650.00	5750.00	5620.05	0.798 times
04 Mon Sep 2023	5600.05	5700.00	5700.00	5560.05	0.659 times
01 Fri Sep 2023	5629.75	5600.00	5700.00	5460.00	0.78 times
31 Thu Aug 2023	5565.90	5488.00	5649.95	5355.00	1.368 times
30 Wed Aug 2023	5423.45	5378.00	5500.00	5160.00	0.977 times
29 Tue Aug 2023	5250.80	5225.25	5282.20	5100.20	0.734 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5653.2, but if it comes below 5653.2, then a intra day sell could be more profitable.
If you take a sell trade below 5653.2, then use 5653.2 as stoploss and 5363.07 as target. However if you take a buy trade in stock , then use 5653.2 as stoploss and 6001.3 as target.

Share price targets for Benares Hot (BenaresHot)

Target Type	Value
Downside Target	3571.00
Downside Target	3895.00
Downside Target	4439.00
Downside Target	4955.30
Downside Target	5100.05
Downside Target	5380.00
Downside Target	5649.95
Downside Target	5667.25
Downside Target	5700.00
Upside Target	5921.95
Upside Target	5950.00
Upside Target	6021.00

Intraday share price targets for Benares Hot (BenaresHot)

Target Type	Value
Downside Intraday Target	5629.75
Downside Intraday Target	5521.15
Upside Intraday Target	5884.45
Upside Intraday Target	6030.55
Upside Intraday Target	5775.85

Weekly technical analysis of Benares Hot (BenaresHot)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Sep 2023	5738.35	5921.95	5921.95	5667.25	0.1 times
08 Fri Sep 2023	5737.60	5700.00	5950.00	5413.00	1.296 times
01 Fri Sep 2023	5629.75	5179.95	5700.00	5100.05	0.841 times
25 Fri Aug 2023	5180.05	5071.95	5380.00	4439.00	1.879 times
18 Fri Aug 2023	5071.95	4995.25	5400.00	4955.30	1.265 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 Benares Hot (BenaresHot)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Sep 2023	5738.35	5600.00	5950.00	5413.00	0.426 times
31 Thu Aug 2023	5565.90	5069.95	5649.95	4439.00	0.304 times
31 Mon Jul 2023	4933.20	4463.00	6021.00	4439.00	3.182 times
30 Fri Jun 2023	4420.65	3800.00	4449.95	3616.00	1.351 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 Benares Hot (BenaresHot)

Price action analysis of Benares Hot ( (BenaresHot) ) 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 Benares Hot ( (BenaresHot) ) 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 Benares Hot ( (BenaresHot) ) 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 Benares Hot ( (BenaresHot) ) 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 Benares Hot stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Benares Hot in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Benares Hot Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Benares Hot 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 Benares Hot is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5643.12 and Benares Hot (BenaresHot) 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 Benares Hot (BenaresHot) stock. Volume based technical analysis of Benares Hot (BenaresHot) stock is negative.

Benares Hot 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.