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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.

10 day averaged volume of Bedmutha Industries is 89073

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	199.10	206.00	206.00	198.20	0.075 times
23 Tue Apr 2024	202.05	204.70	205.90	198.50	0.102 times
30 Tue Jan 2024	294.50	305.70	310.45	290.05	1.78 times
29 Mon Jan 2024	295.70	289.95	295.80	278.90	1.363 times
25 Thu Jan 2024	281.75	271.00	281.75	271.00	1.504 times
24 Wed Jan 2024	268.35	273.70	273.70	247.70	1.709 times
23 Tue Jan 2024	260.70	260.70	260.70	260.70	0.632 times
22 Mon Jan 2024	248.30	247.85	248.30	241.95	0.604 times
19 Fri Jan 2024	236.50	234.70	236.50	223.45	1.159 times
18 Thu Jan 2024	225.25	214.55	225.25	212.50	0.834 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 207.3, but if it comes above 207.3, then a intra day buy could be more profitable.
If you take a sell trade below 207.3, then use 207.3 as stoploss and 173.1 as target. However if you take a buy trade in stock , then use 207.3 as stoploss and 235.79 as target.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	54.10
Downside Target	66.90
Downside Target	68.40
Downside Target	75.75
Downside Target	78.95
Downside Target	120.80
Downside Target	173.30
Downside Target	198.20
Upside Target	206.00
Upside Target	236.50
Upside Target	241.95
Upside Target	278.90
Upside Target	281.75
Upside Target	310.45

Intraday share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Intraday Target	196.2
Downside Intraday Target	193.3
Upside Intraday Target	204
Upside Intraday Target	208.9
Upside Intraday Target	201.1

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	199.10	204.70	206.00	198.20	0.056 times
30 Tue Jan 2024	294.50	289.95	310.45	278.90	0.706 times
25 Thu Jan 2024	281.75	247.85	281.75	241.95	0.988 times
19 Fri Jan 2024	236.50	211.30	236.50	208.00	1.262 times
12 Fri Jan 2024	215.55	234.00	238.95	209.00	0.352 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 Wed Apr 2024	199.10	204.70	206.00	198.20	0.007 times
30 Tue Jan 2024	294.50	174.90	310.45	173.30	0.483 times
29 Fri Sep 2023	119.75	69.60	120.80	68.40	7.665 times
31 Thu Aug 2023	70.20	69.00	75.75	66.90	0.191 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 SELL. Signal strength is Weak and stock is gaining 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 green color and prices are in or below the green 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 positive zone. This is a BUY 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 268.58 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 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.