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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 2024-10-11 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 29231

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	213.79	222.00	222.00	211.04	0.78 times
10 Thu Oct 2024	215.69	216.10	219.00	212.66	0.602 times
09 Wed Oct 2024	212.72	217.99	224.80	208.27	1.644 times
08 Tue Oct 2024	213.21	214.99	224.00	210.00	2.287 times
07 Mon Oct 2024	209.11	219.95	219.95	204.00	1.32 times
04 Fri Oct 2024	214.00	214.06	221.48	207.03	0.822 times
03 Thu Oct 2024	214.20	216.00	224.00	209.77	1.216 times
01 Tue Oct 2024	213.90	215.00	215.00	209.07	0.443 times
30 Mon Sep 2024	212.67	211.36	216.69	202.84	1.161 times
27 Fri Sep 2024	207.88	210.89	213.58	207.00	0.312 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 214.2 as stoploss in an intra day sell trade for a target of 211.91. However, stock will show a bullish move above 214.2.

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	203.59
Downside Intraday Target	193.4
Upside Intraday Target	224.39
Upside Intraday Target	235
Upside Intraday Target	214.2

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	213.79	219.95	224.80	204.00	1.822 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 down 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
11 Fri Oct 2024	213.79	215.00	224.80	204.00	0.802 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 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 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 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 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 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bedmutha Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 212.79 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.