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 418316, out of which 288168 went into delivery, which is 68.89 percent of total volumes

Volumes in the last session was 148624, out of which 85358 went into delivery, which is 57.43 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

02 Monday March Stock tips for Bannari Amman Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

Although my analysis for Bannari Amman 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 21.3, for a target of 22.6 or 23.7

27 Friday February Stock tips for Bannari Amman Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

26 Thursday February Stock tips for Bannari Amman Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

My analysis of Bannari Amman is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bannari Amman stays below 23.1, but if it comes above 23.1, then a intra day buy could be more profitable.
If you take a sell trade below 23.1, then use 23.1 as stoploss and 22 as target. However if you take a buy trade in Bannari Amman, then use 23.1 as stoploss and 24.01 as target.

25 Wednesday February Stock tips for Bannari Amman Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

My analysis of Bannari Amman is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bannari Amman stays below 23.3, but if it comes above 23.3, then a intra day buy could be more profitable.
If you take a sell trade below 23.3, then use 23.3 as stoploss and 22.3 as target. However if you take a buy trade in Bannari Amman, then use 23.3 as stoploss and 24.11 as target.

24 Tuesday February Stock tips for Bannari Amman Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

My analysis of Bannari Amman is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bannari Amman stays below 23.4, but if it comes above 23.4, then a intra day buy could be more profitable.
If you take a sell trade below 23.4, then use 23.4 as stoploss and 22.4 as target. However if you take a buy trade in Bannari Amman, then use 23.4 as stoploss and 24.23 as target.

23 Monday February Stock tips for Bannari Amman Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

My analysis of Bannari Amman is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 23.5 as stoploss in an intra day buy trade for a target of 24.35. However, stock will show a bearish move below 23.5.

20 Friday February Stock tips for Bannari Amman Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

My analysis of Bannari Amman is bearish for shortterm, and stock might move down till 23.5 or till 22.3. Use a stoploss of 24.42 and if the stock hits stoploss, then it can shoot up till 25.37

Bannari Amman BASML tips for tomorrow

Tomorrow's movement Prediction of Bannari Amman BASML looks Bearish... There has been some negative changes in this stock and it appears that this sentiment can continue tomorrow.

Tomorrow's movement Prediction of Bannari Amman BASML is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 21.8

Munafa value: 25

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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