Stock analysis Bannari Amman Spinning Mills Limited BASML
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Recent prices of BASML Bannari Amman Spinning Mills Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
28 Thu Mar 2024 | 37.80 | 37.50 to 39.50 | -0.66% | 0.98 times |
27 Wed Mar 2024 | 38.05 | 37.60 to 40.20 | -2.06% | 1.28 times |
26 Tue Mar 2024 | 38.85 | 38.40 to 40.80 | -3.84% | 0.97 times |
22 Fri Mar 2024 | 40.40 | 39.50 to 41.85 | 1.25% | 0.5 times |
21 Thu Mar 2024 | 39.90 | 38.50 to 41.15 | 4.59% | 1.05 times |
20 Wed Mar 2024 | 38.15 | 38.00 to 39.50 | -1.55% | 0.77 times |
19 Tue Mar 2024 | 38.75 | 38.10 to 39.30 | -0.13% | 0.74 times |
18 Mon Mar 2024 | 38.80 | 38.55 to 39.80 | -0.26% | 0.82 times |
15 Fri Mar 2024 | 38.90 | 37.55 to 40.95 | -1.89% | 1.28 times |
14 Thu Mar 2024 | 39.65 | 38.25 to 41.20 | 3.66% | 0.99 times |
13 Wed Mar 2024 | 38.25 | 37.75 to 43.55 | -8.27% | 1.59 times |
12 Tue Mar 2024 | 41.70 | 41.25 to 43.55 | -3.7% | 0.95 times |
Technical analysis forecast for Bannari Amman Spinning Mills Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bannari Amman Spinning Mills Limited BASML at this time. Stock is falling and might fall more.
It appears as if Bannari Amman Spinning Mills Limited BASML gave a large move recently.
Stock of Bannari Amman Spinning Mills Limited (BASML) 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...
My analysis of Bannari Amman Spinning Mills Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bannari Amman Spinning Mills Limited stays below 38, but if it comes above 38, then a intra day buy could be more profitable.
If you take a sell trade below 38, then use 38 as stoploss and 33.6 as target. However if you take a buy trade in Bannari Amman Spinning Mills Limited, then use 38 as stoploss and 41.69 as target.