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

(BHANDARI) Bhandari Hosiery complete technical analysis [charts+indicators] | Buy/Sell Bhandari Hosiery | (BHANDARI) share price targets

Complete technical analysis of Bhandari Hosiery (BHANDARI) by charts plus indicators, forecast predictions and share price targets for Bhandari Hosiery (BHANDARI)

Showing technical analysis as on 2024-09-09 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 1955152

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	7.09	7.22	7.35	7.00	0.434 times
06 Fri Sep 2024	7.20	7.15	7.45	7.13	0.932 times
05 Thu Sep 2024	7.09	7.14	7.40	7.05	0.486 times
04 Wed Sep 2024	7.07	7.14	7.20	7.02	0.227 times
03 Tue Sep 2024	7.11	7.12	7.27	7.04	0.396 times
02 Mon Sep 2024	7.09	7.34	7.42	7.06	0.447 times
30 Fri Aug 2024	7.30	7.07	7.46	7.07	0.602 times
29 Thu Aug 2024	7.18	7.51	7.65	7.11	0.981 times
28 Wed Aug 2024	7.51	7.79	7.95	7.41	1.357 times
27 Tue Aug 2024	7.74	7.63	7.85	7.57	1.223 times

My analysis of stock is bearish for shortterm, and stock might move down till 6.9 or till 6.6. Use a stoploss of 7.13 and if the stock hits stoploss, then it can shoot up till 7.37

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	6.26
Downside Target	6.40
Downside Target	6.79
Downside Target	7.00
Upside Target	7.29
Upside Target	7.45
Upside Target	7.55
Upside Target	7.95
Upside Target	8.10
Upside Target	8.65
Upside Target	9.70

Intraday share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Intraday Target	6.94
Downside Intraday Target	6.8
Upside Intraday Target	7.29
Upside Intraday Target	7.5
Upside Intraday Target	7.15

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	7.09	7.22	7.35	7.00	0.174 times
06 Fri Sep 2024	7.20	7.34	7.45	7.02	0.331 times
30 Fri Aug 2024	7.30	7.16	7.95	7.05	2.961 times
23 Fri Aug 2024	7.11	6.79	7.29	6.79	0.464 times
16 Fri Aug 2024	6.73	6.45	7.33	6.40	1.976 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 Bhandari Hosiery (BHANDARI)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	7.09	7.34	7.45	7.00	0.155 times
30 Fri Aug 2024	7.30	7.47	7.95	6.26	2.013 times
31 Wed Jul 2024	7.40	8.00	8.10	6.83	0.58 times
28 Fri Jun 2024	7.79	7.90	9.70	6.85	2.395 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 Bhandari Hosiery (BHANDARI)

Price action analysis of Bhandari Hosiery ( (BHANDARI) ) 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 Bhandari Hosiery ( (BHANDARI) ) 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 Bhandari Hosiery ( (BHANDARI) ) 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 Bhandari Hosiery ( (BHANDARI) ) 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 Bhandari Hosiery stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bhandari Hosiery in short term but the buy signal is initial and weak.

Bhandari Hosiery 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 Bhandari Hosiery in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 Bhandari Hosiery is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.33 and Bhandari Hosiery (BHANDARI) 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 Bhandari Hosiery (BHANDARI) stock. Volume based technical analysis of Bhandari Hosiery (BHANDARI) stock is negative.

Bhandari Hosiery Stock has given negative 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.