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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 2024-08-02 View latest technical analysis

10 day averaged volume of Bansal Roof is 13402

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	83.51	87.70	87.70	82.00	2.437 times
01 Thu Aug 2024	85.17	84.85	86.81	83.50	0.69 times
31 Wed Jul 2024	84.41	84.94	85.76	84.00	0.496 times
30 Tue Jul 2024	84.95	83.58	85.99	83.51	1.42 times
29 Mon Jul 2024	83.58	83.40	85.77	82.50	0.796 times
26 Fri Jul 2024	84.40	84.90	86.63	83.40	0.551 times
25 Thu Jul 2024	83.68	86.81	87.78	83.00	1.437 times
24 Wed Jul 2024	86.81	86.09	92.50	84.16	1.861 times
23 Tue Jul 2024	86.09	87.26	87.27	82.11	1.295 times
22 Mon Jul 2024	86.04	87.41	88.00	85.00	0.99 times

Stock of Bansal Roof (BansalRoof) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83.9, but if it comes above 83.9, then a intra day buy could be more profitable.
If you take a sell trade below 83.9, then use 83.9 as stoploss and 82 as target. However if you take a buy trade in stock , then use 83.9 as stoploss and 85.56 as target.

Share price targets for Bansal Roof (BansalRoof)

Target Type	Value
Downside Target	67.77
Downside Target	71.89
Downside Target	79.50
Upside Target	87.70
Upside Target	89.90
Upside Target	90.00
Upside Target	90.77
Upside Target	92.50
Upside Target	94.00
Upside Target	96.00
Upside Target	99.00

Intraday share price targets for Bansal Roof (BansalRoof)

Target Type	Value
Downside Intraday Target	81.11
Downside Intraday Target	78.7
Upside Intraday Target	86.81
Upside Intraday Target	90.1
Upside Intraday Target	84.4

Weekly technical analysis of Bansal Roof (BansalRoof)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	83.51	83.40	87.70	82.00	0.952 times
26 Fri Jul 2024	84.40	87.41	92.50	82.11	1.592 times
19 Fri Jul 2024	86.32	89.61	90.77	83.50	0.238 times
12 Fri Jul 2024	87.64	89.00	96.00	81.00	1.353 times
05 Fri Jul 2024	87.43	80.52	90.00	79.50	2.239 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
02 Fri Aug 2024	83.51	84.85	87.70	82.00	0.077 times
31 Wed Jul 2024	84.41	80.52	96.00	79.50	1.275 times
28 Fri Jun 2024	80.88	77.74	89.90	67.77	1.009 times
31 Fri May 2024	76.22	90.00	99.00	71.89	2.043 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 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 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 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 neutral. A longer time frame might give a better analysis.

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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 84.88 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.