Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-16 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 25824

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	216.62	213.06	217.90	212.10	0.591 times
15 Mon Jul 2024	214.75	210.35	218.00	210.01	0.846 times
12 Fri Jul 2024	210.35	215.00	219.99	209.62	0.984 times
11 Thu Jul 2024	214.94	206.01	223.00	206.01	0.932 times
10 Wed Jul 2024	213.49	226.00	229.35	209.12	0.989 times
09 Tue Jul 2024	218.43	228.99	228.99	215.10	0.765 times
08 Mon Jul 2024	225.13	232.05	238.00	223.29	1.836 times
05 Fri Jul 2024	235.05	235.01	243.92	232.10	0.994 times
04 Thu Jul 2024	239.32	248.00	248.00	236.01	0.611 times
03 Wed Jul 2024	241.76	235.31	243.00	231.00	1.301 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 219.1, but if it comes above 219.1, then a intra day buy could be more profitable.
If you take a sell trade below 219.1, then use 219.1 as stoploss and 205.6 as target. However if you take a buy trade in stock , then use 219.1 as stoploss and 230.38 as target.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	173.30
Downside Target	191.50
Downside Target	206.01
Upside Target	218.00
Upside Target	226.10
Upside Target	238.00
Upside Target	248.00
Upside Target	250.00
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	211.75
Downside Intraday Target	206.89
Upside Intraday Target	219.74
Upside Intraday Target	222.87
Downside Intraday Target	214.88

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	216.62	210.35	218.00	210.01	0.261 times
12 Fri Jul 2024	210.35	232.05	238.00	206.01	1.309 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

Price has moved up 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
16 Tue Jul 2024	216.62	239.50	248.00	206.01	0.99 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

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

Bedmutha Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bedmutha Industries in short term but BUY signal is weak.

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 223.68 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.