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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 2024-07-30 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 19984

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	218.35	216.82	222.80	212.31	0.552 times
29 Mon Jul 2024	217.72	223.70	225.00	215.00	1.301 times
26 Fri Jul 2024	223.70	214.91	224.36	213.58	1.979 times
25 Thu Jul 2024	213.68	207.14	214.00	204.50	1.01 times
24 Wed Jul 2024	206.53	207.22	209.00	202.10	0.648 times
23 Tue Jul 2024	206.95	206.27	208.19	201.89	0.375 times
22 Mon Jul 2024	204.31	201.20	211.00	200.11	0.564 times
19 Fri Jul 2024	202.97	210.68	214.61	201.00	1.366 times
18 Thu Jul 2024	210.75	208.20	216.24	208.20	0.899 times
16 Tue Jul 2024	216.62	213.06	217.90	212.10	0.764 times

My analysis of stock is bearish for shortterm, and stock might move down till 207.3 or till 193.8. Use a stoploss of 218.51 and if the stock hits stoploss, then it can shoot up till 229.75

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	173.30
Downside Target	191.50
Downside Target	200.11
Downside Target	206.01
Downside Target	218.00
Upside Target	224.36
Upside Target	230.50
Upside Target	238.00
Upside Target	248.00
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	212.11
Downside Intraday Target	205.86
Upside Intraday Target	224.8
Upside Intraday Target	231.24
Upside Intraday Target	218.55

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	218.35	223.70	225.00	212.31	0.405 times
26 Fri Jul 2024	223.70	201.20	224.36	200.11	1.11 times
19 Fri Jul 2024	202.97	210.35	218.00	201.00	0.579 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

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
30 Tue Jul 2024	218.35	239.50	248.00	200.11	1.587 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, and volume has increased substantially. This means that the move can 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bedmutha Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

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

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

MRSI is in positive zone. This is a BUY 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 213.7 and Bedmutha Industries (BEDMUTHA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.