(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 2024-05-16 View latest technical analysis
10 day averaged volume of Benares Hot is 482
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 9009.20 | 9187.95 | 9187.95 | 9000.00 | 0.286 times |
| 15 Wed May 2024 | 9019.70 | 9141.00 | 9191.00 | 8950.00 | 1.039 times |
| 14 Tue May 2024 | 9170.50 | 9280.00 | 9299.00 | 9141.00 | 0.332 times |
| 13 Mon May 2024 | 9146.05 | 9150.00 | 9232.25 | 8715.60 | 0.633 times |
| 10 Fri May 2024 | 9140.95 | 9075.00 | 9305.00 | 9010.00 | 0.722 times |
| 09 Thu May 2024 | 9057.75 | 9239.00 | 9239.00 | 9003.00 | 0.4 times |
| 08 Wed May 2024 | 9135.40 | 9100.00 | 9292.00 | 9002.05 | 1.089 times |
| 07 Tue May 2024 | 9096.60 | 9170.00 | 9399.00 | 9002.00 | 0.967 times |
| 06 Mon May 2024 | 9123.00 | 9790.00 | 9790.00 | 9055.55 | 2.309 times |
| 03 Fri May 2024 | 9508.45 | 9900.00 | 9900.00 | 9350.00 | 1.676 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9010.4, but if it comes above 9010.4, then a intra day buy could be more profitable.
If you take a sell trade below 9010.4, then use 9010.4 as stoploss and 8835 as target. However if you take a buy trade in stock , then use 9010.4 as stoploss and 9156.49 as target.
Share price targets for Benares Hot (BenaresHot)
| Target Type | Value |
| Downside Target | 7740.40 |
| Downside Target | 8001.00 |
| Downside Target | 8250.60 |
| Downside Target | 8460.80 |
| Downside Target | 8715.60 |
| Downside Target | 9000.00 |
| Upside Target | 9555.25 |
| Upside Target | 9650.00 |
| Upside Target | 9790.00 |
| Upside Target | 9900.00 |
| Upside Target | 10044.90 |
| Upside Target | 10051.00 |
Intraday share price targets for Benares Hot (BenaresHot)
| Target Type | Value |
| Downside Intraday Target | 8716.87 |
| Downside Intraday Target | 8424.53 |
| Upside Intraday Target | 9300.27 |
| Upside Intraday Target | 9591.33 |
| Downside Intraday Target | 9007.93 |
Weekly technical analysis of Benares Hot (BenaresHot)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 9009.20 | 9150.00 | 9299.00 | 8715.60 | 0.417 times |
| 10 Fri May 2024 | 9140.95 | 9790.00 | 9790.00 | 9002.00 | 0.895 times |
| 03 Fri May 2024 | 9508.45 | 9239.25 | 9900.00 | 9140.00 | 0.637 times |
| 26 Fri Apr 2024 | 9136.60 | 9488.00 | 9555.25 | 9000.00 | 1.049 times |
| 19 Fri Apr 2024 | 8961.95 | 8250.60 | 9200.00 | 8250.60 | 1.659 times |
Price has moved down 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 |
| 16 Thu May 2024 | 9009.20 | 9340.00 | 9900.00 | 8715.60 | 0.33 times |
| 30 Tue Apr 2024 | 9309.45 | 8750.00 | 9650.00 | 8001.00 | 1.846 times |
| 28 Thu Mar 2024 | 8685.95 | 9022.00 | 9588.25 | 7740.40 | 0.818 times |
| 29 Thu Feb 2024 | 9026.60 | 10049.00 | 10051.00 | 8744.35 | 0.6 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Benares Hot ( (BenaresHot) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Benares Hot ( (BenaresHot) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Benares Hot stock for short term is SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Benares Hot in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Benares Hot is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9177.09 and Benares Hot (BenaresHot) 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 Benares Hot (BenaresHot) stock. Volume based technical analysis of Benares Hot (BenaresHot) stock is negative.
Benares Hot Stock has given negative 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.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Benares Hot ( (BenaresHot) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Benares Hot ( (BenaresHot) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Benares Hot stock for short term is SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Benares Hot in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Benares Hot is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9177.09 and Benares Hot (BenaresHot) 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 Benares Hot (BenaresHot) stock. Volume based technical analysis of Benares Hot (BenaresHot) stock is negative.
Benares Hot Stock has given negative 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.
Click here for Benares Hot charts
Click here for further forecast and predictions for tomorrow