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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.

Showing technical analysis as on 2024-01-16 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 111639

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	215.20	226.40	229.85	208.00	1.339 times
15 Mon Jan 2024	218.95	211.30	226.30	211.30	0.415 times
12 Fri Jan 2024	215.55	218.95	220.55	209.00	0.51 times
11 Thu Jan 2024	213.95	226.90	230.95	212.75	0.648 times
10 Wed Jan 2024	222.35	232.00	238.95	219.00	0.651 times
09 Tue Jan 2024	230.20	231.00	232.60	222.20	0.569 times
08 Mon Jan 2024	221.55	234.00	234.95	218.50	0.469 times
05 Fri Jan 2024	227.25	227.90	232.90	215.10	1.003 times
04 Thu Jan 2024	224.10	208.70	224.10	206.05	1.843 times
03 Wed Jan 2024	203.75	215.40	215.40	199.05	1.067 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 229 as stoploss in an intra day sell trade for a target of 164.35. However, stock will show a bullish move above 229.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	54.05
Downside Target	62.50
Downside Target	66.90
Downside Target	68.40
Downside Target	71.10
Downside Target	73.00
Downside Target	75.75
Downside Target	78.95
Downside Target	120.80
Downside Target	173.30
Downside Target	208.00
Upside Target	229.85
Upside Target	232.90
Upside Target	238.95

Intraday share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Intraday Target	205.52
Downside Intraday Target	195.83
Upside Intraday Target	227.37
Upside Intraday Target	239.53
Upside Intraday Target	217.68

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	215.20	211.30	229.85	208.00	0.616 times
12 Fri Jan 2024	215.55	234.00	238.95	209.00	0.352 times
05 Fri Jan 2024	227.25	174.90	232.90	173.30	0.215 times
29 Fri Sep 2023	119.75	73.85	120.80	73.00	16.687 times
22 Fri Sep 2023	73.85	73.20	77.00	71.10	1.474 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
16 Tue Jan 2024	215.20	174.90	238.95	173.30	0.298 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
31 Mon Jul 2023	69.50	56.95	78.95	54.10	11.098 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 Bedmutha Industries (BEDMUTHA)

Price action analysis of Bedmutha Industries ( (BEDMUTHA) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bedmutha Industries in short term and the buy signal is strong.

Bedmutha Industries 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 but buying 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 Bedmutha Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 219.12 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 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.