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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 2024-10-21 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 128633

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	233.45	244.00	244.93	226.00	0.32 times
18 Fri Oct 2024	235.31	240.51	243.00	227.40	0.559 times
17 Thu Oct 2024	241.63	245.45	259.70	238.96	2.173 times
16 Wed Oct 2024	241.30	212.35	249.78	208.43	5.397 times
15 Tue Oct 2024	208.15	209.82	213.98	207.21	0.211 times
14 Mon Oct 2024	210.48	218.18	218.25	206.00	0.152 times
11 Fri Oct 2024	213.79	222.00	222.00	211.04	0.177 times
10 Thu Oct 2024	215.69	216.10	219.00	212.66	0.137 times
09 Wed Oct 2024	212.72	217.99	224.80	208.27	0.374 times
08 Tue Oct 2024	213.21	214.99	224.00	210.00	0.52 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 227.8, but if it comes below 227.8, then a intra day sell could be more profitable.
If you take a sell trade below 227.8, then use 227.8 as stoploss and 216.95 as target. However if you take a buy trade in stock , then use 227.8 as stoploss and 240.7 as target.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	200.11
Downside Target	217.42
Downside Target	224.00
Downside Target	226.10
Upside Target	238.99
Upside Target	244.93
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	224.66
Downside Intraday Target	215.86
Upside Intraday Target	243.59
Upside Intraday Target	253.72
Upside Intraday Target	234.79

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	233.45	244.00	244.93	226.00	0.038 times
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

Price has moved down 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
21 Mon Oct 2024	233.45	215.00	259.70	204.00	4.213 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 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.

ADX buy sell signal for Bedmutha Industries stock for short term is BUY. Signal strength is Strong and stock is gaining 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 tired and bears are picking up momentum.

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 and the buying is gaining 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 236.26 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.