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

(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 2024-06-04 View latest technical analysis

10 day averaged volume of Bombay Dyeing is 1734861

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	147.40	165.25	165.70	134.10	1.992 times
03 Mon Jun 2024	166.95	171.00	171.85	165.40	0.65 times
31 Fri May 2024	164.20	166.30	166.30	161.50	0.815 times
30 Thu May 2024	165.60	170.60	171.60	165.20	0.547 times
29 Wed May 2024	171.75	170.35	174.55	170.20	0.515 times
28 Tue May 2024	171.35	177.50	178.30	169.60	0.902 times
27 Mon May 2024	177.05	180.90	181.70	175.75	0.753 times
24 Fri May 2024	180.45	181.50	184.45	179.85	0.578 times
23 Thu May 2024	181.55	182.70	185.70	180.35	0.652 times
22 Wed May 2024	182.25	187.50	188.50	181.15	1.027 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 151.6, for a target of 163.3 or 173.03

Share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Target	134.10
Upside Target	154.00
Upside Target	158.15
Upside Target	171.85
Upside Target	179.80
Upside Target	181.70
Upside Target	182.60
Upside Target	188.75
Upside Target	189.00
Upside Target	194.50
Upside Target	196.90

Intraday share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Intraday Target	130.38
Downside Intraday Target	113.37
Upside Intraday Target	168.13
Upside Intraday Target	188.87
Upside Intraday Target	151.12

Weekly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	147.40	171.00	171.85	134.10	0.748 times
31 Fri May 2024	164.20	180.90	181.70	161.50	0.607 times
24 Fri May 2024	180.45	187.50	196.90	179.85	0.493 times
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

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
04 Tue Jun 2024	147.40	171.00	171.85	134.10	0.089 times
31 Fri May 2024	164.20	173.90	196.90	160.15	2.113 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

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

ADX buy sell signal for Bombay Dyeing stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bombay Dyeing in short term and the sell signal is strong.

Bombay Dyeing 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 coming down

CCI has generated a SELL signal for Bombay Dyeing in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 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 167.56 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.