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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 2024-10-24 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 124810

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	209.84	213.99	219.18	205.55	0.316 times
23 Wed Oct 2024	216.46	219.99	222.29	207.00	0.271 times
22 Tue Oct 2024	218.65	233.40	233.40	215.12	0.323 times
21 Mon Oct 2024	233.45	244.00	244.93	226.00	0.329 times
18 Fri Oct 2024	235.31	240.51	243.00	227.40	0.577 times
17 Thu Oct 2024	241.63	245.45	259.70	238.96	2.24 times
16 Wed Oct 2024	241.30	212.35	249.78	208.43	5.562 times
15 Tue Oct 2024	208.15	209.82	213.98	207.21	0.217 times
14 Mon Oct 2024	210.48	218.18	218.25	206.00	0.157 times
11 Fri Oct 2024	213.79	222.00	222.00	211.04	0.183 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 207 as stoploss in an intra day buy trade for a target of 217.61. However, stock will show a bearish move below 207.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	200.11
Upside Target	217.42
Upside Target	224.00
Upside 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	195.28
Downside Intraday Target	180.73
Upside Intraday Target	234.66
Upside Intraday Target	259.49
Upside Intraday Target	220.11

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	209.84	244.00	244.93	205.55	0.142 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
24 Thu Oct 2024	209.84	215.00	259.70	204.00	4.554 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 down 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Bedmutha Industries in short term but the sell signal is initial and weak.

Bedmutha Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Bedmutha Industries in short term and SELL 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 236.74 and Bedmutha Industries (BEDMUTHA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.