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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 2024-10-10 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 30355

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	215.69	216.10	219.00	212.66	0.58 times
09 Wed Oct 2024	212.72	217.99	224.80	208.27	1.583 times
08 Tue Oct 2024	213.21	214.99	224.00	210.00	2.203 times
07 Mon Oct 2024	209.11	219.95	219.95	204.00	1.271 times
04 Fri Oct 2024	214.00	214.06	221.48	207.03	0.792 times
03 Thu Oct 2024	214.20	216.00	224.00	209.77	1.171 times
01 Tue Oct 2024	213.90	215.00	215.00	209.07	0.426 times
30 Mon Sep 2024	212.67	211.36	216.69	202.84	1.118 times
27 Fri Sep 2024	207.88	210.89	213.58	207.00	0.301 times
26 Thu Sep 2024	209.79	210.94	215.00	208.00	0.186 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 214.2, but if it comes below 214.2, then a intra day sell could be more profitable.
If you take a sell trade below 214.2, then use 214.2 as stoploss and 211.47 as target. However if you take a buy trade in stock , then use 214.2 as stoploss and 217.4 as target.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	200.11
Upside Target	217.42
Upside Target	219.83
Upside Target	224.00
Upside Target	224.80
Upside Target	226.10
Upside Target	238.99
Upside Target	248.00
Upside Target	249.00
Upside Target	268.95

Intraday share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Intraday Target	204.86
Downside Intraday Target	194.03
Upside Intraday Target	225.66
Upside Intraday Target	235.63
Downside Intraday Target	214.83

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	215.69	219.95	224.80	204.00	1.607 times
04 Fri Oct 2024	214.00	211.36	224.00	202.84	1.45 times
27 Fri Sep 2024	207.88	208.98	217.42	204.79	0.911 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	215.69	215.00	224.80	204.00	0.733 times
30 Mon Sep 2024	212.67	238.99	238.99	200.40	0.905 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

Scroll below to view daily charts

Price has moved up 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 BUY signal for Bedmutha Industries in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bedmutha Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 212.66 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 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.