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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 2024-09-16 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 14439

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	215.99	214.80	218.00	210.00	1.117 times
13 Fri Sep 2024	209.96	209.70	215.18	206.41	1.835 times
12 Thu Sep 2024	204.94	201.50	208.50	200.40	0.704 times
11 Wed Sep 2024	204.91	207.21	211.45	203.73	0.599 times
10 Tue Sep 2024	207.17	208.99	209.07	205.00	1.293 times
09 Mon Sep 2024	205.98	216.00	219.83	205.40	1.135 times
06 Fri Sep 2024	216.22	229.75	229.75	214.01	0.571 times
05 Thu Sep 2024	220.90	225.21	225.21	215.94	0.54 times
04 Wed Sep 2024	220.79	224.70	225.00	215.51	0.958 times
03 Tue Sep 2024	220.29	230.11	230.41	215.55	1.413 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 210.9 as stoploss in an intra day buy trade for a target of 221.33. However, stock will show a bearish move below 210.9.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	176.00
Downside Target	200.11
Downside Target	210.00
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	211.33
Downside Intraday Target	206.66
Upside Intraday Target	219.33
Upside Intraday Target	222.66
Downside Intraday Target	214.66

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	215.99	214.80	218.00	210.00	0.201 times
13 Fri Sep 2024	209.96	216.00	219.83	200.40	1.255 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

Price has moved up 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
16 Mon Sep 2024	215.99	238.99	238.99	200.40	0.437 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bedmutha Industries ( (BEDMUTHA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 buy signal for Bedmutha Industries in short term and BUY 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 212.57 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 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.