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 2024-08-21 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 15924

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	224.58	230.00	230.00	220.10	0.982 times
20 Tue Aug 2024	224.54	224.00	224.95	220.00	1.089 times
19 Mon Aug 2024	220.29	239.02	239.02	218.65	3.218 times
16 Fri Aug 2024	227.64	227.64	227.64	227.64	0.87 times
14 Wed Aug 2024	216.80	212.90	220.80	203.22	1.345 times
13 Tue Aug 2024	210.29	212.99	212.99	206.93	0.834 times
12 Mon Aug 2024	205.42	203.00	208.00	201.10	0.403 times
09 Fri Aug 2024	203.82	209.42	211.39	201.75	1.199 times
08 Thu Aug 2024	207.21	206.98	210.50	203.40	0.389 times
07 Wed Aug 2024	206.52	211.50	211.50	201.62	0.267 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 222.8, but if it comes below 222.8, then a intra day sell could be more profitable.
If you take a sell trade below 222.8, then use 222.8 as stoploss and 214.99 as target. However if you take a buy trade in stock , then use 222.8 as stoploss and 232.1 as target.

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
Downside 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	215.81
Downside Intraday Target	207.05
Upside Intraday Target	236.18
Upside Intraday Target	247.79
Upside Intraday Target	227.42

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	224.58	239.02	239.02	218.65	1.532 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	224.58	233.00	239.02	201.05	0.451 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 up 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 and selling is picking up 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 217.24 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.