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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 2024-05-18 View latest technical analysis

10 day averaged volume of Bombay Dyeing is 2884942

Date	Daily Closing Price	Open	High	Low	Volume
18 Sat May 2024	186.45	180.70	187.50	179.10	0.342 times
17 Fri May 2024	180.10	180.30	184.80	177.40	0.739 times
16 Thu May 2024	179.80	187.35	187.75	177.80	1.189 times
15 Wed May 2024	184.80	167.40	189.00	167.35	4.202 times
14 Tue May 2024	166.75	166.45	168.25	164.40	0.251 times
13 Mon May 2024	166.00	169.80	170.00	160.55	0.367 times
10 Fri May 2024	165.40	165.85	166.85	160.15	0.284 times
09 Thu May 2024	164.75	171.00	175.30	164.10	0.539 times
08 Wed May 2024	170.45	170.00	173.00	170.00	0.344 times
07 Tue May 2024	169.05	169.00	174.35	167.50	0.955 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 186.4, for a target of 179.1 or 172.98

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
Downside Target	168.60
Downside Target	176.45
Downside Target	182.60
Upside Target	188.75
Upside Target	189.00
Upside Target	191.60
Upside Target	194.50

Intraday share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Intraday Target	168.33
Downside Intraday Target	150.22
Upside Intraday Target	196.78
Upside Intraday Target	207.12
Downside Intraday Target	178.67

Weekly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Sat May 2024	186.45	169.80	189.00	160.55	2.181 times
10 Fri May 2024	165.40	180.60	182.60	160.15	0.997 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Sat May 2024	186.45	173.90	189.00	160.15	1.45 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 up 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 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 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 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 Bombay Dyeing stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bombay Dyeing in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bombay Dyeing Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bombay Dyeing in short term and BUY 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 Bombay Dyeing is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 178.66 and Bombay Dyeing (BOMDYEING) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.