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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 2024-10-29 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 770194

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	6.27	6.44	6.49	6.18	0.835 times
28 Mon Oct 2024	6.40	6.34	6.49	6.25	0.58 times
25 Fri Oct 2024	6.34	6.69	6.69	6.28	1.265 times
24 Thu Oct 2024	6.57	6.62	6.74	6.45	0.483 times
23 Wed Oct 2024	6.70	6.58	6.80	6.42	0.445 times
22 Tue Oct 2024	6.48	6.70	6.70	6.40	0.871 times
21 Mon Oct 2024	6.71	6.64	6.99	6.62	0.706 times
18 Fri Oct 2024	6.69	6.83	6.84	6.57	0.95 times
17 Thu Oct 2024	6.83	7.00	7.00	6.80	0.817 times
16 Wed Oct 2024	7.00	6.85	7.19	6.76	1.755 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.4, but if it comes above 6.4, then a intra day buy could be more profitable.
If you take a sell trade below 6.4, then use 6.4 as stoploss and 6.1 as target. However if you take a buy trade in stock , then use 6.4 as stoploss and 6.65 as target.

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	5.80
Downside Target	6.18
Upside Target	6.49
Upside Target	6.81
Upside Target	6.99
Upside Target	7.19
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	6.14
Downside Intraday Target	6
Upside Intraday Target	6.45
Upside Intraday Target	6.62
Upside Intraday Target	6.31

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	6.27	6.34	6.49	6.18	0.375 times
25 Fri Oct 2024	6.34	6.64	6.99	6.28	0.55 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

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
29 Tue Oct 2024	6.27	6.86	7.35	5.80	0.91 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bhandari Hosiery in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 6.63 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.