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(BEDMUTHA) Bedmutha Industries complete technical analysis [charts+indicators] | Buy/Sell Bedmutha Industries | (BEDMUTHA) share price targets

Complete technical analysis of Bedmutha Industries (BEDMUTHA) by charts plus indicators, forecast predictions and share price targets for Bedmutha Industries (BEDMUTHA)

Bedmutha Industries trades in NSE in Iron & Steel Products sector.

Showing technical analysis as on 2024-07-09 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 20353

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	218.43	228.99	228.99	215.10	0.97 times
08 Mon Jul 2024	225.13	232.05	238.00	223.29	2.329 times
05 Fri Jul 2024	235.05	235.01	243.92	232.10	1.262 times
04 Thu Jul 2024	239.32	248.00	248.00	236.01	0.775 times
03 Wed Jul 2024	241.76	235.31	243.00	231.00	1.651 times
02 Tue Jul 2024	235.31	237.77	243.00	230.50	0.943 times
01 Mon Jul 2024	237.77	239.50	241.99	231.00	0.706 times
28 Fri Jun 2024	232.10	233.45	237.00	229.65	0.396 times
27 Thu Jun 2024	229.50	242.00	242.00	226.10	0.85 times
26 Wed Jun 2024	235.65	237.25	243.75	229.00	0.601 times

Although my analysis for stock 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 219.5, for a target of 230.5 or 239.74

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	173.30
Downside Target	191.50
Downside Target	208.90
Downside Target	215.10
Upside Target	226.10
Upside Target	237.25
Upside Target	248.00
Upside Target	250.00
Upside Target	261.45
Upside Target	263.50
Upside Target	268.95
Upside Target	275.00
Upside Target	310.45

Intraday share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Intraday Target	209.69
Downside Intraday Target	200.94
Upside Intraday Target	232.59
Upside Intraday Target	246.74
Upside Intraday Target	223.84

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	218.43	232.05	238.00	215.10	0.618 times
05 Fri Jul 2024	235.05	239.50	248.00	230.50	1.837 times
28 Fri Jun 2024	232.10	250.00	250.00	226.10	1.396 times
21 Fri Jun 2024	243.90	263.50	263.50	241.55	0.593 times
14 Fri Jun 2024	255.60	237.25	261.45	237.25	0.605 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 Bedmutha Industries (BEDMUTHA)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	218.43	239.50	248.00	215.10	0.604 times
28 Fri Jun 2024	232.10	268.95	268.95	226.10	0.514 times
31 Fri May 2024	257.45	203.95	275.00	176.00	4.869 times
30 Tue Apr 2024	201.85	204.70	208.90	191.50	0.051 times

Scroll below to view daily charts

Price has moved down 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 Bedmutha Industries (BEDMUTHA)

Price action analysis of Bedmutha Industries ( (BEDMUTHA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bedmutha Industries ( (BEDMUTHA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bedmutha Industries ( (BEDMUTHA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Bedmutha Industries in short term but the sell signal is initial and weak.

Bedmutha Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Bedmutha Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bedmutha Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 232.36 and Bedmutha Industries (BEDMUTHA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bedmutha Industries (BEDMUTHA) stock. Volume based technical analysis of Bedmutha Industries (BEDMUTHA) stock is negative.

Bedmutha Industries Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.