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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 2024-09-19 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 15452

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	211.28	214.69	214.70	205.00	0.821 times
18 Wed Sep 2024	211.72	214.06	217.19	207.01	1.727 times
17 Tue Sep 2024	212.10	216.00	216.00	210.23	0.99 times
16 Mon Sep 2024	215.99	214.80	218.00	210.00	1.044 times
13 Fri Sep 2024	209.96	209.70	215.18	206.41	1.714 times
12 Thu Sep 2024	204.94	201.50	208.50	200.40	0.657 times
11 Wed Sep 2024	204.91	207.21	211.45	203.73	0.56 times
10 Tue Sep 2024	207.17	208.99	209.07	205.00	1.208 times
09 Mon Sep 2024	205.98	216.00	219.83	205.40	1.061 times
06 Fri Sep 2024	216.22	229.75	229.75	214.01	0.534 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 208.5 as stoploss in an intra day buy trade for a target of 219.14. However, stock will show a bearish move below 208.5.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	176.00
Downside Target	200.11
Upside Target	214.01
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	204.85
Downside Intraday Target	198.43
Upside Intraday Target	217.85
Upside Intraday Target	224.43
Upside Intraday Target	211.43

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	211.28	214.80	218.00	205.00	0.881 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
19 Thu Sep 2024	211.28	238.99	238.99	200.40	0.586 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 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 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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 210.17 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.