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 2024-09-12 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 12419

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	204.94	201.50	208.50	200.40	0.818 times
11 Wed Sep 2024	204.91	207.21	211.45	203.73	0.697 times
10 Tue Sep 2024	207.17	208.99	209.07	205.00	1.503 times
09 Mon Sep 2024	205.98	216.00	219.83	205.40	1.32 times
06 Fri Sep 2024	216.22	229.75	229.75	214.01	0.664 times
05 Thu Sep 2024	220.90	225.21	225.21	215.94	0.628 times
04 Wed Sep 2024	220.79	224.70	225.00	215.51	1.114 times
03 Tue Sep 2024	220.29	230.11	230.41	215.55	1.643 times
02 Mon Sep 2024	225.60	238.99	238.99	223.00	1.106 times
30 Fri Aug 2024	230.91	233.40	234.00	225.41	0.687 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 212.4, but if it comes above 212.4, then a intra day buy could be more profitable.
If you take a sell trade below 212.4, then use 212.4 as stoploss and 200.3 as target. However if you take a buy trade in stock , then use 212.4 as stoploss and 222.43 as target.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	176.00
Downside Target	200.11
Upside 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	196.95
Downside Intraday Target	188.96
Upside Intraday Target	216.38
Upside Intraday Target	227.82
Upside Intraday Target	208.39

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	204.94	216.00	219.83	200.40	0.842 times
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

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
12 Thu Sep 2024	204.94	238.99	238.99	200.40	0.321 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Bedmutha Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 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 215.33 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 negative.

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