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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 2024-08-14 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 10739

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	216.80	212.90	220.80	203.22	1.995 times
13 Tue Aug 2024	210.29	212.99	212.99	206.93	1.237 times
12 Mon Aug 2024	205.42	203.00	208.00	201.10	0.598 times
09 Fri Aug 2024	203.82	209.42	211.39	201.75	1.778 times
08 Thu Aug 2024	207.21	206.98	210.50	203.40	0.577 times
07 Wed Aug 2024	206.52	211.50	211.50	201.62	0.395 times
06 Tue Aug 2024	202.96	212.76	218.96	201.05	0.573 times
05 Mon Aug 2024	208.96	206.45	213.99	205.36	0.865 times
02 Fri Aug 2024	215.91	220.05	229.90	213.61	1.1 times
01 Thu Aug 2024	221.43	233.00	233.00	217.00	1.676 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 218.2 as stoploss in an intra day sell trade for a target of 211.39. However, stock will show a bullish move above 218.2.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	176.00
Downside Target	191.50
Downside Target	200.11
Downside Target	208.90
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	205
Downside Intraday Target	193.2
Upside Intraday Target	224.7
Upside Intraday Target	232.6
Downside Intraday Target	212.9

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	216.80	203.00	220.80	201.10	0.914 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
14 Wed Aug 2024	216.80	233.00	233.00	201.05	0.244 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 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 short term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 211.66 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 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.