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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 2024-11-19 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 579458

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	6.33	6.45	6.59	6.30	0.886 times
18 Mon Nov 2024	6.30	6.51	6.79	6.26	1.478 times
14 Thu Nov 2024	6.46	6.75	6.75	6.43	0.729 times
13 Wed Nov 2024	6.60	6.70	7.87	6.43	1.701 times
12 Tue Nov 2024	6.56	6.73	6.81	6.52	0.331 times
11 Mon Nov 2024	6.72	6.70	6.92	6.55	1.069 times
08 Fri Nov 2024	6.65	6.85	6.85	6.61	0.63 times
07 Thu Nov 2024	6.80	6.88	6.92	6.75	0.887 times
06 Wed Nov 2024	6.75	6.83	6.89	6.73	0.451 times
05 Tue Nov 2024	6.75	6.52	6.90	6.52	2.023 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 6.2 as target. However if you take a buy trade in stock , then use 6.4 as stoploss and 6.56 as target.

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	5.80
Downside Target	6.18
Upside Target	6.43
Upside Target	6.79
Upside Target	6.92
Upside Target	6.99
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	6.13
Downside Intraday Target	5.93
Upside Intraday Target	6.66
Upside Intraday Target	6.99
Upside Intraday Target	6.46

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	6.33	6.51	6.79	6.26	0.617 times
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

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
19 Tue Nov 2024	6.33	6.69	7.87	6.26	0.275 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 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 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 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 gaining 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 green color and prices are in or below the green cloud Prices appear to be moving up

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 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 6.59 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.