Munafa Bannari Amman Spinning Mills Limited (BASML) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Bannari Amman Spinning Mills Limited (BASML) Indicator analysis

Bannari Amman Spinning Mills Limited stock tips (delivery Volume analysis)

Total 5 day volume for Bannari Amman Spinning Mills Limited is 625721, out of which 398318 went into delivery, which is 63.66 percent of total volumes

Volumes in the last session was 274247, out of which 177500 went into delivery, which is 64.72 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Bannari Amman BASML intraday stock tips

04 Monday May Stock tips for Bannari Amman (BASML) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Bannari Amman BASML gave a large move recently.

Although my analysis for Bannari Amman is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 25.5, for a target of 24.1 or 22.92

30 Thursday April Stock tips for Bannari Amman (BASML) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Bannari Amman BASML gave a large move recently.

My analysis of Bannari Amman is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Bannari Amman stays above 24, but if it comes below 24, then a intra day sell could be more profitable.
If you take a sell trade below 24, then use 24 as stoploss and 22.7 as target. However if you take a buy trade in Bannari Amman, then use 24 as stoploss and 25.5 as target.

29 Wednesday April Stock tips for Bannari Amman (BASML) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Bannari Amman BASML gave a large move recently.

My analysis of Bannari Amman is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Bannari Amman stays above 24.1, but if it comes below 24.1, then a intra day sell could be more profitable.
If you take a sell trade below 24.1, then use 24.1 as stoploss and 22.5 as target. However if you take a buy trade in Bannari Amman, then use 24.1 as stoploss and 26.1 as target.

28 Tuesday April Stock tips for Bannari Amman (BASML) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Bannari Amman BASML gave a large move recently.

My analysis of Bannari Amman is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 24 as stoploss in an intra day sell trade for a target of 22.28. However, stock will show a bullish move above 24.

27 Monday April Stock tips for Bannari Amman (BASML) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Bannari Amman BASML gave a large move recently.

My analysis of Bannari Amman is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 23.9 as stoploss in an intra day sell trade for a target of 22.14. However, stock will show a bullish move above 23.9.

24 Friday April Stock tips for Bannari Amman (BASML) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Bannari Amman BASML gave a large move recently.

My analysis of Bannari Amman is bullish for shortterm, and stock might move up till 23.8 or till 26. Use a stoploss of 22.02 and if this stock hits its stoploss, then it can fall down till 20.22

23 Thursday April Stock tips for Bannari Amman (BASML) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Bannari Amman BASML gave a large move recently.

My analysis of Bannari Amman is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 23.8 as stoploss in an intra day sell trade for a target of 21.98. However, stock will show a bullish move above 23.8.

Bannari Amman BASML tips for tomorrow

Tomorrow's movement Prediction of Bannari Amman BASML appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Tomorrow's movement Prediction of Bannari Amman BASML is showing signs of strength. Either there is a positive sentiment following this stock or an Elephant got in here.

Munafa value: 70

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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