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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 2024-09-26 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 17589

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	209.79	210.94	215.00	208.00	0.321 times
25 Wed Sep 2024	209.96	209.98	212.70	204.79	1.64 times
24 Tue Sep 2024	209.58	215.98	215.98	205.00	1.172 times
23 Mon Sep 2024	212.17	208.98	217.42	208.98	0.522 times
20 Fri Sep 2024	208.48	207.50	212.00	206.20	0.557 times
19 Thu Sep 2024	211.28	214.69	214.70	205.00	0.722 times
18 Wed Sep 2024	211.72	214.06	217.19	207.01	1.517 times
17 Tue Sep 2024	212.10	216.00	216.00	210.23	0.87 times
16 Mon Sep 2024	215.99	214.80	218.00	210.00	0.917 times
13 Fri Sep 2024	209.96	209.70	215.18	206.41	1.506 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 206.5 as stoploss in an intra day buy trade for a target of 213.44. However, stock will show a bearish move below 206.5.

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	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	203.91
Downside Intraday Target	198.04
Upside Intraday Target	216.54
Upside Intraday Target	223.3
Upside Intraday Target	210.67

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	209.79	208.98	217.42	204.79	0.797 times
20 Fri Sep 2024	208.48	214.80	218.00	205.00	1.003 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

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
26 Thu Sep 2024	209.79	238.99	238.99	200.40	0.787 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 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 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 Weak 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 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 buy signal for Bedmutha Industries in short term but BUY signal is weak.

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 211.07 and Bedmutha Industries (BEDMUTHA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.