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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 2024-10-31 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 62048

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	212.90	212.05	222.82	210.20	0.372 times
30 Wed Oct 2024	211.80	213.75	218.00	209.62	0.235 times
29 Tue Oct 2024	208.62	214.67	214.67	206.25	0.366 times
28 Mon Oct 2024	211.18	212.00	215.00	203.51	0.492 times
25 Fri Oct 2024	211.71	209.00	219.01	205.00	0.749 times
24 Thu Oct 2024	209.84	213.99	219.18	205.55	0.635 times
23 Wed Oct 2024	216.46	219.99	222.29	207.00	0.546 times
22 Tue Oct 2024	218.65	233.40	233.40	215.12	0.649 times
21 Mon Oct 2024	233.45	244.00	244.93	226.00	0.662 times
18 Fri Oct 2024	235.31	240.51	243.00	227.40	1.16 times

My analysis of stock is bearish for shortterm, and stock might move down till 206.9 or till 194.1. Use a stoploss of 217.5 and if the stock hits stoploss, then it can shoot up till 228.14

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	200.11
Upside Target	222.82
Upside Target	224.80
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	203.33
Downside Intraday Target	193.77
Upside Intraday Target	222.64
Upside Intraday Target	232.39
Upside Intraday Target	213.08

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	212.90	212.00	222.82	203.51	0.452 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 up 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
31 Thu Oct 2024	212.90	215.00	259.70	203.51	4.968 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 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 moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 219.68 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.