logo munafa.org

NEWS Gainers Losers
 Learn then Earn

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

(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 19159

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 24.45 24.95 26.60 23.45 0.585 times
13 Tue Apr 2021 25.65 25.35 26.95 24.75 0.815 times
12 Mon Apr 2021 24.50 25.55 26.90 23.70 2.045 times
09 Fri Apr 2021 26.30 25.20 26.30 22.75 2.823 times
08 Thu Apr 2021 23.95 21.95 23.95 21.80 1.589 times
07 Wed Apr 2021 21.80 22.00 22.30 21.10 0.417 times
06 Tue Apr 2021 21.75 22.00 22.00 21.35 0.446 times
05 Mon Apr 2021 22.00 21.70 22.05 20.70 0.214 times
01 Thu Apr 2021 21.00 20.20 21.10 20.20 0.075 times
31 Wed Mar 2021 20.10 20.70 21.65 19.95 0.538 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.4, but if it comes below 24.4, then a intra day sell could be more profitable.
If you take a sell trade below 24.4, then use 24.4 as stoploss and 22.79 as target. However if you take a buy trade in stock , then use 24.4 as stoploss and 26.3 as target.

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type Value
Downside Target 19.95
Downside Target 22.25
Downside Target 23.45
Downside Target 24.45
Upside Target 25.00
Upside Target 25.35
Upside Target 26.30
Upside Target 26.95
Upside Target 27.40
Upside Target 28.65
Upside Target 28.90

Intraday share price targets for Bedmutha Industries (BEDMUTHA)

Target Type Value
Downside Intraday Target 22.95
Downside Intraday Target 21.45
Upside Intraday Target 26.45
Upside Intraday Target 28.45
Upside Intraday Target 24.95

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 24.45 25.55 26.95 23.45 0.628 times
09 Fri Apr 2021 26.30 21.70 26.30 20.70 3.325 times
01 Thu Apr 2021 21.00 22.25 22.25 19.95 0.909 times
26 Fri Mar 2021 21.40 22.60 23.80 20.90 1.417 times
19 Fri Mar 2021 22.20 23.95 24.45 21.30 0.699 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
15 Thu Apr 2021 24.45 20.20 26.95 20.20 0.814 times
31 Wed Mar 2021 20.10 23.35 25.35 19.95 1.459 times
25 Thu Feb 2021 24.25 26.80 27.40 22.50 0.406 times
29 Fri Jan 2021 26.35 28.50 28.65 25.00 0.776 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)

Indicator Name Indicator Value Indicator Signal
ADX 23, 13, 27 Buy
MACD 0, -0Buy
Stochastics 70Buy
CCI 68Sell
RSI 58Buy
OBV -26064Sell
VWAP 24Sell
ADL 0Sell
ROC 17Buy
Force Index 0Sell

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

ADX buy sell signal for Bedmutha Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Bedmutha Industries 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.

Bedmutha Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bedmutha Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bedmutha Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 24.46 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.

Click here for Bedmutha Industries charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
 Learn then Earn
Back to top | Use Dark Theme