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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 2024-11-04 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 537621

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	6.56	6.85	6.85	6.52	0.756 times
01 Fri Nov 2024	6.75	6.69	6.89	6.69	0.404 times
31 Thu Oct 2024	6.58	6.65	6.66	6.44	0.901 times
30 Wed Oct 2024	6.53	6.32	6.67	6.24	1.268 times
29 Tue Oct 2024	6.27	6.44	6.49	6.18	1.196 times
28 Mon Oct 2024	6.40	6.34	6.49	6.25	0.832 times
25 Fri Oct 2024	6.34	6.69	6.69	6.28	1.812 times
24 Thu Oct 2024	6.57	6.62	6.74	6.45	0.692 times
23 Wed Oct 2024	6.70	6.58	6.80	6.42	0.638 times
22 Tue Oct 2024	6.48	6.70	6.70	6.40	1.248 times

My analysis of stock is bearish for shortterm, and stock might move down till 6.4 or till 6.2. Use a stoploss of 6.65 and if the stock hits stoploss, then it can shoot up till 6.88

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	5.80
Downside Target	6.18
Downside Target	6.52
Upside Target	6.81
Upside Target	6.89
Upside Target	6.99
Upside Target	7.19
Upside Target	7.35
Upside Target	7.79
Upside Target	7.95
Upside Target	8.10

Intraday share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Intraday Target	6.44
Downside Intraday Target	6.31
Upside Intraday Target	6.77
Upside Intraday Target	6.97
Upside Intraday Target	6.64

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	6.56	6.85	6.85	6.52	0.164 times
01 Fri Nov 2024	6.75	6.34	6.89	6.18	0.852 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

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
04 Mon Nov 2024	6.56	6.69	6.89	6.52	0.026 times
31 Thu Oct 2024	6.58	6.86	7.35	5.80	0.957 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

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 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 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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 6.48 and Bhandari Hosiery (BHANDARI) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.