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(BasantAgro) Basant Agro complete technical analysis [charts+indicators] | Buy/Sell Basant Agro | (BasantAgro) share price targets

Complete technical analysis of Basant Agro (BasantAgro) by charts plus indicators, forecast predictions and share price targets for Basant Agro (BasantAgro)

Showing technical analysis as on 2024-01-08 View latest technical analysis

10 day averaged volume of Basant Agro is 284303

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	23.78	24.50	24.50	20.22	1.385 times
05 Fri Jan 2024	23.98	23.97	24.50	23.50	1.495 times
04 Thu Jan 2024	23.52	24.34	24.50	22.00	1.234 times
03 Wed Jan 2024	23.88	24.00	24.55	23.81	1.466 times
02 Tue Jan 2024	23.63	22.92	24.00	22.55	2.582 times
01 Mon Jan 2024	22.60	21.90	22.95	21.81	1.273 times
29 Fri Dec 2023	21.81	21.05	22.00	21.05	0.703 times
28 Thu Dec 2023	21.08	21.35	21.38	20.90	0.433 times
27 Wed Dec 2023	21.20	21.31	21.49	21.05	0.285 times
26 Tue Dec 2023	21.29	21.30	21.43	21.00	0.251 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 23.2, but if it comes below 23.2, then a intra day sell could be more profitable.
If you take a sell trade below 23.2, then use 23.2 as stoploss and 22.22 as target. However if you take a buy trade in stock , then use 23.2 as stoploss and 24.4 as target.

Share price targets for Basant Agro (BasantAgro)

Target Type	Value
Downside Target	20.00
Downside Target	20.90
Downside Target	21.45
Downside Target	22.50
Downside Target	22.85
Downside Target	23.47
Upside Target	24.50
Upside Target	24.55
Upside Target	25.40
Upside Target	25.50

Intraday share price targets for Basant Agro (BasantAgro)

Target Type	Value
Downside Intraday Target	21.17
Downside Intraday Target	18.55
Upside Intraday Target	25.45
Upside Intraday Target	27.11
Downside Intraday Target	22.83

Weekly technical analysis of Basant Agro (BasantAgro)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	23.78	24.50	24.50	20.22	0.172 times
05 Fri Jan 2024	23.98	21.90	24.55	21.81	4.814 times
29 Fri Dec 2023	21.81	21.30	22.00	20.90	0.7 times
22 Fri Dec 2023	21.16	22.25	22.50	20.46	0.798 times
15 Fri Dec 2023	22.03	22.24	22.85	21.45	0.891 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 Basant Agro (BasantAgro)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	23.78	21.90	24.55	20.22	0.87 times
29 Fri Dec 2023	21.81	22.49	22.85	20.46	0.744 times
30 Thu Nov 2023	22.23	22.20	25.40	21.00	0.838 times
31 Tue Oct 2023	22.40	21.87	25.50	20.00	1.616 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 Basant Agro (BasantAgro)

Price action analysis of Basant Agro ( (BasantAgro) ) 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 Basant Agro ( (BasantAgro) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Basant Agro ( (BasantAgro) ) based on a short to mid 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 Basant Agro ( (BasantAgro) ) based on a mid to longer 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.

ADX buy sell signal for Basant Agro stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Basant Agro in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Basant Agro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Basant Agro in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Basant Agro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 23.27 and Basant Agro (BasantAgro) 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 Basant Agro (BasantAgro) stock. Volume based technical analysis of Basant Agro (BasantAgro) stock is negative.

Basant Agro 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.