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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 2024-10-14 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 1483858

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	6.78	7.04	7.08	6.70	0.624 times
11 Fri Oct 2024	7.01	7.20	7.35	6.87	1.352 times
10 Thu Oct 2024	7.12	6.54	7.29	6.44	4.625 times
09 Wed Oct 2024	6.47	6.60	6.70	6.44	0.284 times
08 Tue Oct 2024	6.40	6.17	6.54	6.01	0.427 times
07 Mon Oct 2024	6.18	6.64	6.69	5.80	0.959 times
04 Fri Oct 2024	6.59	6.82	6.90	6.30	0.496 times
03 Thu Oct 2024	6.74	6.90	6.92	6.71	0.56 times
01 Tue Oct 2024	6.94	6.86	6.97	6.86	0.261 times
30 Mon Sep 2024	6.91	7.10	7.10	6.86	0.523 times

My analysis of stock is bearish for shortterm, and stock might move down till 6.6 or till 6.3. Use a stoploss of 6.87 and if the stock hits stoploss, then it can shoot up till 7.13

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	5.80
Downside Target	6.26
Downside Target	6.70
Upside Target	7.08
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	6.63
Downside Intraday Target	6.47
Upside Intraday Target	7.01
Upside Intraday Target	7.23
Upside Intraday Target	6.85

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	6.78	7.04	7.08	6.70	0.082 times
11 Fri Oct 2024	7.01	6.64	7.35	5.80	4.156 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

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
14 Mon Oct 2024	6.78	6.86	7.35	5.80	0.574 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Bhandari Hosiery 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 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 6.88 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.