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(BOMDYEING) Bombay Dyeing complete technical analysis [charts+indicators] | Buy/Sell Bombay Dyeing | (BOMDYEING) share price targets

Complete technical analysis of Bombay Dyeing (BOMDYEING) by charts plus indicators, forecast predictions and share price targets for Bombay Dyeing (BOMDYEING)

Bombay Dyeing trades in NSE in Textiles sector.

Showing technical analysis as on 2024-05-08 View latest technical analysis

10 day averaged volume of Bombay Dyeing is 1901000

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	170.45	170.00	173.00	170.00	0.522 times
07 Tue May 2024	169.05	169.00	174.35	167.50	1.45 times
06 Mon May 2024	176.15	180.60	182.60	173.85	1.712 times
03 Fri May 2024	178.50	173.40	180.95	172.55	2.439 times
02 Thu May 2024	172.20	173.90	174.45	170.75	0.53 times
30 Tue Apr 2024	173.05	175.70	177.30	172.25	0.544 times
29 Mon Apr 2024	174.20	168.70	175.25	168.60	1.438 times
26 Fri Apr 2024	167.85	170.45	171.15	167.50	0.318 times
25 Thu Apr 2024	169.45	171.80	173.20	167.70	0.549 times
24 Wed Apr 2024	171.60	174.40	176.45	170.60	0.447 times

My analysis of stock is bullish for shortterm, and stock might move up till 173.9 or till 178.3. Use a stoploss of 170.22 and if this stock hits its stoploss, then it can fall down till 166.54

Share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Target	136.65
Downside Target	141.15
Downside Target	154.00
Downside Target	158.15
Downside Target	165.10
Upside Target	175.50
Upside Target	179.80
Upside Target	180.95
Upside Target	182.60
Upside Target	188.75
Upside Target	191.60
Upside Target	194.50

Intraday share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Intraday Target	164.43
Downside Intraday Target	158.42
Upside Intraday Target	179.53
Upside Intraday Target	188.62
Upside Intraday Target	173.52

Weekly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	170.45	180.60	182.60	167.50	0.744 times
03 Fri May 2024	178.50	168.70	180.95	168.60	2.024 times
26 Fri Apr 2024	167.85	165.70	176.45	165.10	1.409 times
19 Fri Apr 2024	164.05	164.60	169.75	158.15	0.855 times
12 Fri Apr 2024	166.05	171.90	175.50	165.50	0.434 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 Bombay Dyeing (BOMDYEING)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	170.45	173.90	182.60	167.50	0.517 times
30 Tue Apr 2024	173.05	161.95	179.80	158.15	0.894 times
28 Thu Mar 2024	158.25	174.90	188.75	136.65	0.696 times
29 Thu Feb 2024	173.30	186.30	194.50	154.00	0.5 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 Bombay Dyeing (BOMDYEING)

Price action analysis of Bombay Dyeing ( (BOMDYEING) ) 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 Bombay Dyeing ( (BOMDYEING) ) 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 Bombay Dyeing ( (BOMDYEING) ) based on a mid to longer 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

ADX buy sell signal for Bombay Dyeing stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bombay Dyeing in short term

Bombay Dyeing Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Bombay Dyeing 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

Stock of Bombay Dyeing is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 173.89 and Bombay Dyeing (BOMDYEING) 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 Bombay Dyeing (BOMDYEING) stock. Volume based technical analysis of Bombay Dyeing (BOMDYEING) stock is negative.

Bombay Dyeing 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.