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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 2024-09-06 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 17249

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	216.22	229.75	229.75	214.01	0.478 times
05 Thu Sep 2024	220.90	225.21	225.21	215.94	0.452 times
04 Wed Sep 2024	220.79	224.70	225.00	215.51	0.802 times
03 Tue Sep 2024	220.29	230.11	230.41	215.55	1.183 times
02 Mon Sep 2024	225.60	238.99	238.99	223.00	0.797 times
30 Fri Aug 2024	230.91	233.40	234.00	225.41	0.495 times
29 Thu Aug 2024	226.22	233.93	233.93	221.55	0.459 times
28 Wed Aug 2024	232.14	234.73	234.73	228.00	0.869 times
27 Tue Aug 2024	228.71	237.00	239.72	227.00	0.802 times
26 Mon Aug 2024	235.72	245.86	249.00	233.42	2.115 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 213.8 as stoploss in an intra day buy trade for a target of 223.09. However, stock will show a bearish move below 213.8.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	176.00
Downside Target	200.11
Downside Target	214.01
Upside Target	218.65
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	207.16
Downside Intraday Target	198.09
Upside Intraday Target	232.14
Upside Intraday Target	248.05
Upside Intraday Target	223.07

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	216.22	238.99	238.99	214.01	0.783 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
06 Fri Sep 2024	216.22	238.99	238.99	214.01	0.174 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 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 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 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 coming down

CCI has generated a SELL signal for Bedmutha Industries in short term and SELL 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 227.46 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.