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 2024-08-19 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 11176

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	220.29	239.02	239.02	218.65	4.584 times
16 Fri Aug 2024	227.64	227.64	227.64	227.64	1.239 times
14 Wed Aug 2024	216.80	212.90	220.80	203.22	1.917 times
13 Tue Aug 2024	210.29	212.99	212.99	206.93	1.188 times
12 Mon Aug 2024	205.42	203.00	208.00	201.10	0.574 times
09 Fri Aug 2024	203.82	209.42	211.39	201.75	1.709 times
08 Thu Aug 2024	207.21	206.98	210.50	203.40	0.555 times
07 Wed Aug 2024	206.52	211.50	211.50	201.62	0.38 times
06 Tue Aug 2024	202.96	212.76	218.96	201.05	0.55 times
05 Mon Aug 2024	208.96	206.45	213.99	205.36	0.831 times

Stock of Bedmutha Industries (BEDMUTHA) has showed a significant fall. This could be a good time to exit from this stock.

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 220.6 as stoploss in an intra day sell trade for a target of 213.1. However, stock will show a bullish move above 220.6.

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
Downside Target	218.65
Upside Target	224.36
Upside Target	227.64
Upside Target	233.00
Upside Target	239.02
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	212.95
Downside Intraday Target	205.62
Upside Intraday Target	233.32
Upside Intraday Target	246.36
Upside Intraday Target	225.99

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	220.29	239.02	239.02	218.65	0.932 times
16 Fri Aug 2024	227.64	203.00	227.64	201.10	1.222 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

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
19 Mon Aug 2024	220.29	233.00	239.02	201.05	0.381 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 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 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 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. Bulls are getting stronger in this stock.

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

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 negative zone. This is the SELL 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 214.55 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.