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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 2024-10-18 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 123841

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	235.31	240.51	243.00	227.40	0.581 times
17 Thu Oct 2024	241.63	245.45	259.70	238.96	2.257 times
16 Wed Oct 2024	241.30	212.35	249.78	208.43	5.606 times
15 Tue Oct 2024	208.15	209.82	213.98	207.21	0.219 times
14 Mon Oct 2024	210.48	218.18	218.25	206.00	0.158 times
11 Fri Oct 2024	213.79	222.00	222.00	211.04	0.184 times
10 Thu Oct 2024	215.69	216.10	219.00	212.66	0.142 times
09 Wed Oct 2024	212.72	217.99	224.80	208.27	0.388 times
08 Tue Oct 2024	213.21	214.99	224.00	210.00	0.54 times
07 Mon Oct 2024	209.11	219.95	219.95	204.00	0.312 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 238.3, for a target of 226 or 215.7

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	200.11
Downside Target	217.42
Downside Target	224.00
Downside Target	224.80
Downside Target	226.10
Upside Target	238.99
Upside Target	248.00
Upside Target	249.00
Upside Target	259.70
Upside Target	268.95

Intraday share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Intraday Target	207.64
Downside Intraday Target	179.97
Upside Intraday Target	261.34
Upside Intraday Target	287.37
Downside Intraday Target	233.67

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	235.31	218.18	259.70	206.00	5.634 times
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

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
18 Fri Oct 2024	235.31	215.00	259.70	204.00	4.089 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, and volume has increased substantially. This means that the move can 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Bedmutha Industries in short term and the buy 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 235.54 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.