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(BHANDARI) Bhandari Hosiery complete technical analysis [charts+indicators] | Buy/Sell Bhandari Hosiery | (BHANDARI) share price targets

Complete technical analysis of Bhandari Hosiery (BHANDARI) by charts plus indicators, forecast predictions and share price targets for Bhandari Hosiery (BHANDARI)

Showing technical analysis as on 2024-08-09 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 772690

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	6.49	6.35	6.62	6.26	3.132 times
08 Thu Aug 2024	6.88	6.96	7.02	6.76	1.014 times
07 Wed Aug 2024	6.91	7.03	7.09	6.81	0.953 times
06 Tue Aug 2024	7.00	6.90	7.24	6.88	1.147 times
05 Mon Aug 2024	6.92	7.00	7.09	6.90	0.761 times
02 Fri Aug 2024	7.20	7.19	7.39	7.00	0.92 times
01 Thu Aug 2024	7.23	7.47	7.47	7.20	0.649 times
31 Wed Jul 2024	7.40	7.28	7.59	7.22	1.131 times
30 Tue Jul 2024	7.19	7.25	7.30	7.14	1.028 times
29 Mon Jul 2024	7.19	7.48	7.48	7.14	1.282 times

Stock of Bhandari Hosiery (BHANDARI) has showed a significant fall. This could be a good time to exit from this stock.

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 6.6, for a target of 6.9 or 7.13

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	6.26
Upside Target	6.83
Upside Target	7.22
Upside Target	7.40
Upside Target	7.59
Upside Target	7.61
Upside Target	7.91
Upside Target	8.10
Upside Target	8.65
Upside Target	9.45
Upside Target	9.70

Intraday share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Intraday Target	6.09
Downside Intraday Target	5.68
Upside Intraday Target	7.07
Upside Intraday Target	7.64
Upside Intraday Target	6.66

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	6.49	7.00	7.24	6.26	1.399 times
02 Fri Aug 2024	7.20	7.48	7.59	7.00	0.776 times
26 Fri Jul 2024	7.43	6.98	7.91	6.83	1.62 times
19 Fri Jul 2024	6.98	7.58	7.61	6.90	0.667 times
12 Fri Jul 2024	7.44	7.95	8.10	7.22	1.528 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 Bhandari Hosiery (BHANDARI)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	6.49	7.47	7.47	6.26	0.361 times
31 Wed Jul 2024	7.40	8.00	8.10	6.83	0.58 times
28 Fri Jun 2024	7.79	7.90	9.70	6.85	2.395 times
31 Fri May 2024	7.75	7.90	8.65	7.55	0.977 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 Bhandari Hosiery (BHANDARI)

Price action analysis of Bhandari Hosiery ( (BHANDARI) ) 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 Bhandari Hosiery ( (BHANDARI) ) 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 Bhandari Hosiery ( (BHANDARI) ) 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 Bhandari Hosiery stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Bhandari Hosiery in short term and the sell signal is strong.

Bhandari Hosiery 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 Bhandari Hosiery 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

Stock of Bhandari Hosiery is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.95 and Bhandari Hosiery (BHANDARI) 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 Bhandari Hosiery (BHANDARI) stock. Volume based technical analysis of Bhandari Hosiery (BHANDARI) stock is negative.

Bhandari Hosiery 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.