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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 2024-10-08 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 834280

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	6.40	6.17	6.54	6.01	0.76 times
07 Mon Oct 2024	6.18	6.64	6.69	5.80	1.705 times
04 Fri Oct 2024	6.59	6.82	6.90	6.30	0.883 times
03 Thu Oct 2024	6.74	6.90	6.92	6.71	0.996 times
01 Tue Oct 2024	6.94	6.86	6.97	6.86	0.463 times
30 Mon Sep 2024	6.91	7.10	7.10	6.86	0.931 times
27 Fri Sep 2024	6.93	6.99	7.09	6.90	0.911 times
26 Thu Sep 2024	6.93	6.99	7.13	6.90	0.931 times
25 Wed Sep 2024	6.94	7.01	7.04	6.90	0.751 times
24 Tue Sep 2024	7.01	7.10	7.16	6.90	1.205 times

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 6.4, for a target of 6.7 or 6.91

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	5.80
Downside Target	6.26
Upside Target	6.69
Upside Target	7.10
Upside Target	7.28
Upside Target	7.35
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	5.9
Downside Intraday Target	5.41
Upside Intraday Target	6.79
Upside Intraday Target	7.19
Downside Intraday Target	6.3

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	6.40	6.64	6.69	5.80	0.753 times
04 Fri Oct 2024	6.59	7.10	7.10	6.30	0.652 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

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
08 Tue Oct 2024	6.40	6.86	6.97	5.80	0.162 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 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 Strong and stock is losing momentum.

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

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. 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 moving up

CCI has generated a buy signal for Bhandari Hosiery in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 6.71 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.