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 Tue Jan 2025 | 41.01 | 40.17 to 44.19 | -4.45% | 1.11 times |
| 27 Mon Jan 2025 | 42.92 | 40.25 to 45.22 | -5.09% | 3.38 times |
| 24 Fri Jan 2025 | 45.22 | 45.00 to 47.48 | -3.4% | 0.55 times |
| 23 Thu Jan 2025 | 46.81 | 46.05 to 47.99 | -0.28% | 0.39 times |
| 22 Wed Jan 2025 | 46.94 | 45.55 to 49.90 | -4.32% | 1.43 times |
| 21 Tue Jan 2025 | 49.06 | 48.01 to 50.21 | 0.22% | 0.65 times |
| 20 Mon Jan 2025 | 48.95 | 48.01 to 49.40 | 0.29% | 0.46 times |
| 17 Fri Jan 2025 | 48.81 | 48.16 to 49.62 | 0.1% | 0.25 times |
| 16 Thu Jan 2025 | 48.76 | 47.06 to 49.75 | 2.54% | 1.55 times |
| 15 Wed Jan 2025 | 47.55 | 47.31 to 50.80 | -3.74% | 1.08 times |
| 14 Tue Jan 2025 | 49.40 | 47.78 to 49.85 | 2.66% | 0.26 times |
| 13 Mon Jan 2025 | 48.12 | 47.38 to 50.14 | 0% | 0.97 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...
Although my analysis for Bannari Amman Spinning Mills Limited 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 40.5, for a target of 45.2 or 49.16