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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 2024-11-14 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 521720

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	6.46	6.75	6.75	6.43	0.81 times
13 Wed Nov 2024	6.60	6.70	7.87	6.43	1.889 times
12 Tue Nov 2024	6.56	6.73	6.81	6.52	0.367 times
11 Mon Nov 2024	6.72	6.70	6.92	6.55	1.187 times
08 Fri Nov 2024	6.65	6.85	6.85	6.61	0.7 times
07 Thu Nov 2024	6.80	6.88	6.92	6.75	0.985 times
06 Wed Nov 2024	6.75	6.83	6.89	6.73	0.501 times
05 Tue Nov 2024	6.75	6.52	6.90	6.52	2.246 times
04 Mon Nov 2024	6.56	6.85	6.85	6.52	0.779 times
01 Fri Nov 2024	6.75	6.69	6.89	6.69	0.416 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.4 as stoploss in an intra day buy trade for a target of 6.59. However, stock will show a bearish move below 6.4.

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	5.80
Downside Target	6.18
Downside Target	6.43
Upside Target	6.81
Upside Target	6.99
Upside Target	7.19
Upside Target	7.35
Upside Target	7.79
Upside Target	7.87
Upside Target	7.95
Upside Target	8.10

Intraday share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Intraday Target	5.97
Downside Intraday Target	5.48
Upside Intraday Target	7.41
Upside Intraday Target	8.36
Upside Intraday Target	6.92

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	6.46	6.70	7.87	6.43	0.816 times
08 Fri Nov 2024	6.65	6.85	6.92	6.52	1.1 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

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 Thu Nov 2024	6.46	6.69	7.87	6.43	0.217 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bhandari Hosiery ( (BHANDARI) ) based on a short to mid 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 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 BUY. Signal strength is Strong 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 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 green color and prices are in or below the green 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 6.67 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.