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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 2024-07-31 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 18903

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	223.49	219.33	227.09	218.51	0.682 times
30 Tue Jul 2024	218.35	216.82	222.80	212.31	0.584 times
29 Mon Jul 2024	217.72	223.70	225.00	215.00	1.376 times
26 Fri Jul 2024	223.70	214.91	224.36	213.58	2.093 times
25 Thu Jul 2024	213.68	207.14	214.00	204.50	1.068 times
24 Wed Jul 2024	206.53	207.22	209.00	202.10	0.685 times
23 Tue Jul 2024	206.95	206.27	208.19	201.89	0.397 times
22 Mon Jul 2024	204.31	201.20	211.00	200.11	0.596 times
19 Fri Jul 2024	202.97	210.68	214.61	201.00	1.445 times
18 Thu Jul 2024	210.75	208.20	216.24	208.20	0.95 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 228.5 as stoploss in an intra day sell trade for a target of 217.91. However, stock will show a bullish move above 228.5.

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	214.84
Downside Intraday Target	206.18
Upside Intraday Target	229.62
Upside Intraday Target	235.74
Downside Intraday Target	220.96

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	223.49	223.70	227.09	212.31	0.546 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
31 Wed Jul 2024	223.49	239.50	248.00	200.11	1.631 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 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 mid to longer 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

ADX buy sell signal for Bedmutha Industries stock for short term is BUY. Signal strength is Weak and stock is gaining 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 tired and bears are picking up momentum.

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

CCI has generated a buy signal for Bedmutha Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 214.14 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.