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 2024-09-05 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 20141

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	220.90	225.21	225.21	215.94	0.387 times
04 Wed Sep 2024	220.79	224.70	225.00	215.51	0.687 times
03 Tue Sep 2024	220.29	230.11	230.41	215.55	1.013 times
02 Mon Sep 2024	225.60	238.99	238.99	223.00	0.682 times
30 Fri Aug 2024	230.91	233.40	234.00	225.41	0.424 times
29 Thu Aug 2024	226.22	233.93	233.93	221.55	0.393 times
28 Wed Aug 2024	232.14	234.73	234.73	228.00	0.745 times
27 Tue Aug 2024	228.71	237.00	239.72	227.00	0.687 times
26 Mon Aug 2024	235.72	245.86	249.00	233.42	1.811 times
23 Fri Aug 2024	241.24	234.10	241.24	226.00	1.735 times

My analysis of stock is bearish for shortterm, and stock might move down till 212.9 or till 201.1. Use a stoploss of 222.64 and if the stock hits stoploss, then it can shoot up till 232.41

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	176.00
Downside Target	200.11
Downside Target	215.51
Upside Target	226.10
Upside Target	238.99
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	211.28
Downside Intraday Target	201.65
Upside Intraday Target	234.76
Upside Intraday Target	248.61
Upside Intraday Target	225.13

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	220.90	238.99	238.99	215.51	0.682 times
30 Fri Aug 2024	230.91	245.86	249.00	221.55	0.525 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

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
05 Thu Sep 2024	220.90	238.99	238.99	215.51	0.152 times
30 Fri Aug 2024	230.91	233.00	249.00	201.05	0.774 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

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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Bedmutha Industries in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bedmutha Industries in short term but BUY 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 230.79 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 positive

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