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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 2024-08-14 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 1199756

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	7.12	6.97	7.33	6.84	3.482 times
13 Tue Aug 2024	6.92	6.93	7.17	6.65	1.951 times
12 Mon Aug 2024	6.81	6.45	6.92	6.40	1.797 times
09 Fri Aug 2024	6.49	6.35	6.62	6.26	2.017 times
08 Thu Aug 2024	6.88	6.96	7.02	6.76	0.653 times
07 Wed Aug 2024	6.91	7.03	7.09	6.81	0.614 times
06 Tue Aug 2024	7.00	6.90	7.24	6.88	0.739 times
05 Mon Aug 2024	6.92	7.00	7.09	6.90	0.49 times
02 Fri Aug 2024	7.20	7.19	7.39	7.00	0.592 times
01 Thu Aug 2024	7.23	7.47	7.47	7.20	0.418 times

Stock of Bhandari Hosiery (BHANDARI) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 7.3 or till 7.6. Use a stoploss of 7.07 and if this stock hits its stoploss, then it can fall down till 6.84

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	6.26
Downside Target	6.40
Downside Target	6.83
Upside Target	7.24
Upside Target	7.55
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	6.57
Downside Intraday Target	6.02
Upside Intraday Target	7.5
Upside Intraday Target	7.88
Downside Intraday Target	6.95

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	7.12	6.45	7.33	6.40	1.602 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	7.12	7.47	7.47	6.26	0.833 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bhandari Hosiery ( (BHANDARI) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bhandari Hosiery in short term but the buy signal is initial and weak.

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

Bhandari Hosiery 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bhandari Hosiery 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 Bhandari Hosiery is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.92 and Bhandari Hosiery (BHANDARI) 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 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.