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

(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 2024-10-01 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 1613833

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	6.94	6.86	6.97	6.86	0.24 times
30 Mon Sep 2024	6.91	7.10	7.10	6.86	0.481 times
27 Fri Sep 2024	6.93	6.99	7.09	6.90	0.471 times
26 Thu Sep 2024	6.93	6.99	7.13	6.90	0.482 times
25 Wed Sep 2024	6.94	7.01	7.04	6.90	0.388 times
24 Tue Sep 2024	7.01	7.10	7.16	6.90	0.623 times
23 Mon Sep 2024	7.05	7.20	7.28	7.01	0.633 times
20 Fri Sep 2024	7.12	7.48	7.51	7.09	0.916 times
19 Thu Sep 2024	7.27	6.99	7.79	6.96	5.119 times
18 Wed Sep 2024	6.91	6.97	7.04	6.81	0.517 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.9 as stoploss in an intra day buy trade for a target of 7.03. However, stock will show a bearish move below 6.9.

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	6.26
Downside Target	6.81
Upside Target	7.10
Upside Target	7.28
Upside Target	7.35
Upside Target	7.45
Upside Target	7.79
Upside Target	7.95
Upside Target	8.10
Upside Target	9.70

Intraday share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Intraday Target	6.83
Downside Intraday Target	6.73
Upside Intraday Target	7.07
Upside Intraday Target	7.21
Upside Intraday Target	6.97

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	6.94	7.10	7.10	6.86	0.278 times
27 Fri Sep 2024	6.93	7.20	7.28	6.90	0.355 times
20 Fri Sep 2024	7.12	7.03	7.79	6.81	3.732 times
13 Fri Sep 2024	7.02	7.22	7.35	6.95	0.65 times
06 Fri Sep 2024	7.20	7.34	7.45	7.02	0.331 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 Bhandari Hosiery (BHANDARI)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	6.94	6.86	6.97	6.86	0.016 times
30 Mon Sep 2024	6.91	7.34	7.79	6.81	0.671 times
30 Fri Aug 2024	7.30	7.47	7.95	6.26	2.013 times
31 Wed Jul 2024	7.40	8.00	8.10	6.83	0.58 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 Bhandari Hosiery (BHANDARI)

Price action analysis of Bhandari Hosiery ( (BHANDARI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bhandari Hosiery stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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

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 green color and prices are in or below the green cloud Prices appear to be moving up

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 negative zone. This is the SELL 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 7.14 and Bhandari Hosiery (BHANDARI) 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 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.