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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 2024-01-19 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 72775

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	236.50	234.70	236.50	223.45	1.419 times
18 Thu Jan 2024	225.25	214.55	225.25	212.50	1.021 times
17 Wed Jan 2024	214.55	215.20	221.45	210.00	0.382 times
16 Tue Jan 2024	215.20	226.40	229.85	208.00	2.054 times
15 Mon Jan 2024	218.95	211.30	226.30	211.30	0.637 times
12 Fri Jan 2024	215.55	218.95	220.55	209.00	0.782 times
11 Thu Jan 2024	213.95	226.90	230.95	212.75	0.994 times
10 Wed Jan 2024	222.35	232.00	238.95	219.00	0.999 times
09 Tue Jan 2024	230.20	231.00	232.60	222.20	0.872 times
08 Mon Jan 2024	221.55	234.00	234.95	218.50	0.72 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 241.8 as stoploss in an intra day sell trade for a target of 187.19. However, stock will show a bullish move above 241.8.

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
Downside Target	232.90
Downside Target	236.50
Upside Target	238.95

Intraday share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Intraday Target	217.5
Downside Intraday Target	198.5
Upside Intraday Target	246
Upside Intraday Target	255.5
Downside Intraday Target	227

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	236.50	211.30	236.50	208.00	1.262 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 up 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
19 Fri Jan 2024	236.50	174.90	238.95	173.30	0.341 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL signal for Bedmutha Industries in short term but the sell signal is initial and weak.

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

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 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 Bedmutha Industries 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 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 221.93 and Bedmutha Industries (BEDMUTHA) 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 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.