Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-09-28 View latest technical analysis

10 day averaged volume of Benares Hot is 195

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Sep 2023	5824.15	5900.00	5900.00	5766.00	0.308 times
27 Wed Sep 2023	5769.75	5775.00	5817.25	5726.00	0.959 times
26 Tue Sep 2023	5752.85	5864.20	5864.20	5701.00	1.026 times
25 Mon Sep 2023	5747.95	5810.00	5863.90	5710.00	0.959 times
22 Fri Sep 2023	5766.05	5651.55	5800.00	5640.00	0.862 times
21 Thu Sep 2023	5699.95	5750.00	5793.25	5680.10	0.4 times
20 Wed Sep 2023	5704.00	5749.00	5848.00	5700.00	0.923 times
18 Mon Sep 2023	5808.90	5898.90	5950.00	5800.00	1.477 times
15 Fri Sep 2023	5840.20	5879.00	5926.90	5800.20	1.354 times
14 Thu Sep 2023	5794.70	5799.00	5899.00	5781.05	0.954 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5815.6, but if it comes below 5815.6, then a intra day sell could be more profitable.
If you take a sell trade below 5815.6, then use 5815.6 as stoploss and 5729.58 as target. However if you take a buy trade in stock , then use 5815.6 as stoploss and 5918.7 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	5100.05
Downside Target	5413.00
Downside Target	5640.00
Downside Target	5701.00
Upside Target	5900.00
Upside Target	5926.90
Upside Target	5950.00
Upside Target	6021.00

Intraday share price targets for Benares Hot (BenaresHot)

Target Type	Value
Downside Intraday Target	5716.77
Downside Intraday Target	5609.38
Upside Intraday Target	5915.77
Upside Intraday Target	6007.38
Downside Intraday Target	5808.38

Weekly technical analysis of Benares Hot (BenaresHot)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Sep 2023	5824.15	5810.00	5900.00	5701.00	0.888 times
22 Fri Sep 2023	5766.05	5898.90	5950.00	5640.00	0.678 times
15 Fri Sep 2023	5840.20	5921.95	5926.90	5500.00	0.388 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

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
28 Thu Sep 2023	5824.15	5600.00	5950.00	5413.00	0.696 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 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Benares Hot in short term but the sell signal is initial and weak.

Benares Hot 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 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 5776.66 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.