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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 2024-08-09 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 14519

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	203.82	209.42	211.39	201.75	1.315 times
08 Thu Aug 2024	207.21	206.98	210.50	203.40	0.427 times
07 Wed Aug 2024	206.52	211.50	211.50	201.62	0.292 times
06 Tue Aug 2024	202.96	212.76	218.96	201.05	0.424 times
05 Mon Aug 2024	208.96	206.45	213.99	205.36	0.64 times
02 Fri Aug 2024	215.91	220.05	229.90	213.61	0.813 times
01 Thu Aug 2024	221.43	233.00	233.00	217.00	1.24 times
31 Wed Jul 2024	223.49	219.33	227.09	218.51	0.888 times
30 Tue Jul 2024	218.35	216.82	222.80	212.31	0.76 times
29 Mon Jul 2024	217.72	223.70	225.00	215.00	1.791 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 205.2, but if it comes above 205.2, then a intra day buy could be more profitable.
If you take a sell trade below 205.2, then use 205.2 as stoploss and 197.2 as target. However if you take a buy trade in stock , then use 205.2 as stoploss and 211.85 as target.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	176.00
Downside Target	191.50
Downside Target	200.11
Upside Target	206.01
Upside Target	218.00
Upside Target	224.36
Upside Target	226.10
Upside Target	233.00
Upside Target	238.00
Upside Target	248.00
Upside Target	268.95
Upside Target	275.00

Intraday share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Intraday Target	196.93
Downside Intraday Target	190.03
Upside Intraday Target	214.84
Upside Intraday Target	225.85
Upside Intraday Target	207.94

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	203.82	206.45	218.96	201.05	0.564 times
02 Fri Aug 2024	215.91	223.70	233.00	212.31	0.872 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

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 Fri Aug 2024	203.82	233.00	233.00	201.05	0.158 times
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

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is gaining 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 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 214.32 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.