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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 2023-03-20 View latest technical analysis

10 day averaged volume of Bansal Roof is 13616

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	57.38	62.00	62.00	55.71	0.505 times
17 Fri Mar 2023	59.67	57.40	60.00	57.40	0.235 times
16 Thu Mar 2023	58.56	61.50	63.89	58.00	0.43 times
15 Wed Mar 2023	60.46	64.80	65.00	60.00	0.665 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	3.427 times
10 Fri Mar 2023	59.00	61.00	61.00	57.00	0.778 times
09 Thu Mar 2023	59.76	61.95	61.95	58.21	0.551 times
08 Wed Mar 2023	59.90	62.00	62.00	59.01	0.765 times
06 Mon Mar 2023	61.05	60.80	62.50	60.80	1.929 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 57.2, for a target of 59.2 or 60.92

Share price targets for Bansal Roof (BansalRoof)

Target Type	Value
Downside Target	54.00
Downside Target	55.71
Downside Target	57.00
Upside Target	60.25
Upside Target	62.00
Upside Target	63.60
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	54.73
Downside Intraday Target	52.07
Upside Intraday Target	61.02
Upside Intraday Target	64.65
Upside Intraday Target	58.36

Weekly technical analysis of Bansal Roof (BansalRoof)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	57.38	62.00	62.00	55.71	0.104 times
17 Fri Mar 2023	59.67	69.89	69.89	54.00	1.208 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

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
20 Mon Mar 2023	57.38	62.00	69.89	54.00	1.184 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 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 Bansal Roof ( (BansalRoof) ) 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 Bansal Roof ( (BansalRoof) ) 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 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 gaining momentum.

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

Bansal Roof 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 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 SELL signal in short term and selling is picking up 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 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 59.22 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.