Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-29 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 130452

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	208.62	214.67	214.67	206.25	0.174 times
28 Mon Oct 2024	211.18	212.00	215.00	203.51	0.234 times
25 Fri Oct 2024	211.71	209.00	219.01	205.00	0.356 times
24 Thu Oct 2024	209.84	213.99	219.18	205.55	0.302 times
23 Wed Oct 2024	216.46	219.99	222.29	207.00	0.26 times
22 Tue Oct 2024	218.65	233.40	233.40	215.12	0.309 times
21 Mon Oct 2024	233.45	244.00	244.93	226.00	0.315 times
18 Fri Oct 2024	235.31	240.51	243.00	227.40	0.552 times
17 Thu Oct 2024	241.63	245.45	259.70	238.96	2.143 times
16 Wed Oct 2024	241.30	212.35	249.78	208.43	5.322 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 207.1 as stoploss in an intra day buy trade for a target of 217.67. However, stock will show a bearish move below 207.1.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	200.11
Upside Target	215.00
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	203.09
Downside Intraday Target	197.55
Upside Intraday Target	214.58
Upside Intraday Target	220.53
Upside Intraday Target	209.04

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	208.62	212.00	215.00	203.51	0.265 times
25 Fri Oct 2024	211.71	244.00	244.93	205.00	0.184 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

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
29 Tue Oct 2024	208.62	215.00	259.70	203.51	4.854 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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Bedmutha Industries in short term and the sell signal is strong.

Bedmutha Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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 236.15 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 negative.

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