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

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

Showing technical analysis as on 2023-03-16 View latest technical analysis

10 day averaged volume of Bansal Roof is 13671

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Mar 2023	58.56	61.50	63.89	58.00	0.428 times
15 Wed Mar 2023	60.46	64.80	65.00	60.00	0.662 times
14 Tue Mar 2023	60.78	63.90	63.90	58.00	0.104 times
13 Mon Mar 2023	58.03	69.89	69.89	54.00	3.413 times
10 Fri Mar 2023	59.00	61.00	61.00	57.00	0.775 times
09 Thu Mar 2023	59.76	61.95	61.95	58.21	0.549 times
08 Wed Mar 2023	59.90	62.00	62.00	59.01	0.762 times
06 Mon Mar 2023	61.05	60.80	62.50	60.80	1.921 times
03 Fri Mar 2023	61.92	61.50	62.00	60.10	1.112 times
02 Thu Mar 2023	61.95	61.55	62.00	61.50	0.416 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 58, for a target of 59.8 or 61.32

Share price targets for Bansal Roof (BansalRoof)

Target Type	Value
Downside Target	54.00
Downside Target	57.00
Upside Target	60.25
Upside Target	63.60
Upside Target	66.60
Upside Target	68.70
Upside Target	69.00
Upside Target	69.89
Upside Target	70.70
Upside Target	74.90

Intraday share price targets for Bansal Roof (BansalRoof)

Target Type	Value
Downside Intraday Target	51.74
Downside Intraday Target	44.93
Upside Intraday Target	67.63
Upside Intraday Target	76.71
Upside Intraday Target	60.82

Weekly technical analysis of Bansal Roof (BansalRoof)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Mar 2023	58.56	69.89	69.89	54.00	1.15 times
10 Fri Mar 2023	59.00	60.80	62.50	57.00	1.594 times
03 Fri Mar 2023	61.92	62.95	63.00	58.00	1.786 times
24 Fri Feb 2023	62.65	63.60	63.60	60.30	0.325 times
17 Fri Feb 2023	62.15	66.60	66.60	60.95	2.126 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 Bansal Roof (BansalRoof)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu Mar 2023	58.56	62.00	69.89	54.00	1.106 times
28 Tue Feb 2023	62.00	66.50	68.70	58.00	1.982 times
31 Tue Jan 2023	67.00	68.50	69.00	60.25	0.535 times
30 Fri Dec 2022	67.05	67.50	74.90	62.15	0.611 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 Bansal Roof (BansalRoof)

Price action analysis of Bansal Roof ( (BansalRoof) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bansal Roof ( (BansalRoof) ) 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 Bansal Roof ( (BansalRoof) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bansal Roof ( (BansalRoof) ) 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 Bansal Roof stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bansal Roof in short term and the sell signal is strong.

Bansal Roof 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. 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 coming down

CCI has generated a SELL signal for Bansal Roof in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bansal Roof is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.71 and Bansal Roof (BansalRoof) 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 Bansal Roof (BansalRoof) stock. Volume based technical analysis of Bansal Roof (BansalRoof) stock is negative.

Bansal Roof 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.