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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.

10 day averaged volume of Bedmutha Industries is 86957

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	204.55	203.35	205.95	199.30	0.091 times
24 Wed Apr 2024	199.10	206.00	206.00	198.20	0.077 times
23 Tue Apr 2024	202.05	204.70	205.90	198.50	0.105 times
30 Tue Jan 2024	294.50	305.70	310.45	290.05	1.824 times
29 Mon Jan 2024	295.70	289.95	295.80	278.90	1.396 times
25 Thu Jan 2024	281.75	271.00	281.75	271.00	1.541 times
24 Wed Jan 2024	268.35	273.70	273.70	247.70	1.751 times
23 Tue Jan 2024	260.70	260.70	260.70	260.70	0.647 times
22 Mon Jan 2024	248.30	247.85	248.30	241.95	0.619 times
19 Fri Jan 2024	236.50	234.70	236.50	223.45	1.187 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 205.6, but if it comes above 205.6, then a intra day buy could be more profitable.
If you take a sell trade below 205.6, then use 205.6 as stoploss and 170.5 as target. However if you take a buy trade in stock , then use 205.6 as stoploss and 234.82 as target.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	54.10
Downside Target	66.90
Downside Target	68.40
Downside Target	75.75
Downside Target	78.95
Downside Target	120.80
Downside Target	173.30
Downside Target	198.20
Upside Target	206.00
Upside Target	236.50
Upside Target	241.95
Upside Target	278.90
Upside Target	281.75
Upside Target	310.45

Intraday share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Intraday Target	199.83
Downside Intraday Target	195.12
Upside Intraday Target	207.63
Upside Intraday Target	210.72
Downside Intraday Target	202.92

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	204.55	204.70	206.00	198.20	0.085 times
30 Tue Jan 2024	294.50	289.95	310.45	278.90	0.706 times
25 Thu Jan 2024	281.75	247.85	281.75	241.95	0.988 times
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

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
25 Thu Apr 2024	204.55	204.70	206.00	198.20	0.01 times
30 Tue Jan 2024	294.50	174.90	310.45	173.30	0.483 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

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 Bedmutha Industries (BEDMUTHA)

Price action analysis of Bedmutha Industries ( (BEDMUTHA) ) 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Bedmutha Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Bedmutha Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 271.95 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 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.