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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 2024-08-28 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 25476

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	232.14	234.73	234.73	228.00	0.589 times
27 Tue Aug 2024	228.71	237.00	239.72	227.00	0.543 times
26 Mon Aug 2024	235.72	245.86	249.00	233.42	1.432 times
23 Fri Aug 2024	241.24	234.10	241.24	226.00	1.372 times
22 Thu Aug 2024	229.76	226.54	232.70	223.11	1.441 times
21 Wed Aug 2024	224.58	230.00	230.00	220.10	0.614 times
20 Tue Aug 2024	224.54	224.00	224.95	220.00	0.681 times
19 Mon Aug 2024	220.29	239.02	239.02	218.65	2.011 times
16 Fri Aug 2024	227.64	227.64	227.64	227.64	0.544 times
14 Wed Aug 2024	216.80	212.90	220.80	203.22	0.841 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 230.5, but if it comes below 230.5, then a intra day sell could be more profitable.
If you take a sell trade below 230.5, then use 230.5 as stoploss and 219.37 as target. However if you take a buy trade in stock , then use 230.5 as stoploss and 243.8 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	226.10
Upside Target	233.00
Upside Target	241.24
Upside Target	248.00
Upside Target	249.00
Upside Target	268.95
Upside Target	275.00

Intraday share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Intraday Target	223.09
Downside Intraday Target	214.05
Upside Intraday Target	245.09
Upside Intraday Target	258.05
Upside Intraday Target	236.05

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	232.14	245.86	249.00	227.00	0.419 times
23 Fri Aug 2024	241.24	239.02	241.24	218.65	2.836 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

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
28 Wed Aug 2024	232.14	233.00	249.00	201.05	0.74 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 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 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 and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be moving up

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

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 228.5 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.