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 2024-08-12 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 12473

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	205.42	203.00	208.00	201.10	0.514 times
09 Fri Aug 2024	203.82	209.42	211.39	201.75	1.531 times
08 Thu Aug 2024	207.21	206.98	210.50	203.40	0.497 times
07 Wed Aug 2024	206.52	211.50	211.50	201.62	0.34 times
06 Tue Aug 2024	202.96	212.76	218.96	201.05	0.493 times
05 Mon Aug 2024	208.96	206.45	213.99	205.36	0.745 times
02 Fri Aug 2024	215.91	220.05	229.90	213.61	0.947 times
01 Thu Aug 2024	221.43	233.00	233.00	217.00	1.443 times
31 Wed Jul 2024	223.49	219.33	227.09	218.51	1.034 times
30 Tue Jul 2024	218.35	216.82	222.80	212.31	0.884 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 204.8 as stoploss in an intra day buy trade for a target of 211.6. However, stock will show a bearish move below 204.8.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	176.00
Downside Target	191.50
Downside Target	200.11
Upside Target	208.00
Upside Target	218.00
Upside Target	224.36
Upside Target	226.10
Upside Target	233.00
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	201.68
Downside Intraday Target	197.94
Upside Intraday Target	208.58
Upside Intraday Target	211.74
Downside Intraday Target	204.84

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	205.42	203.00	208.00	201.10	0.143 times
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

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
12 Mon Aug 2024	205.42	233.00	233.00	201.05	0.171 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 and SELL signal is strong!

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 212.94 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.