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 2024-10-21 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 1662566

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	6.71	6.64	6.99	6.62	0.327 times
18 Fri Oct 2024	6.69	6.83	6.84	6.57	0.44 times
17 Thu Oct 2024	6.83	7.00	7.00	6.80	0.378 times
16 Wed Oct 2024	7.00	6.85	7.19	6.76	0.813 times
15 Tue Oct 2024	6.80	6.79	7.02	6.72	0.986 times
14 Mon Oct 2024	6.78	7.04	7.08	6.70	0.557 times
11 Fri Oct 2024	7.01	7.20	7.35	6.87	1.207 times
10 Thu Oct 2024	7.12	6.54	7.29	6.44	4.128 times
09 Wed Oct 2024	6.47	6.60	6.70	6.44	0.253 times
08 Tue Oct 2024	6.40	6.17	6.54	6.01	0.382 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 6.8 and if the stock hits stoploss, then it can shoot up till 7.03

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	5.80
Downside Target	6.26
Downside Target	6.57
Upside Target	6.81
Upside Target	7.19
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	6.56
Downside Intraday Target	6.4
Upside Intraday Target	6.93
Upside Intraday Target	7.14
Upside Intraday Target	6.77

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	6.71	6.64	6.99	6.62	0.103 times
18 Fri Oct 2024	6.69	7.04	7.19	6.57	0.465 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

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
21 Mon Oct 2024	6.71	6.86	7.35	5.80	0.771 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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 tired and bears 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 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 6.95 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 is giving positive 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.