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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 2024-11-26 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 500011

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	6.78	6.44	7.05	6.40	3.286 times
25 Mon Nov 2024	6.43	6.60	6.65	6.38	0.758 times
22 Fri Nov 2024	6.44	6.28	6.50	6.20	0.454 times
21 Thu Nov 2024	6.24	6.48	6.48	6.20	0.88 times
19 Tue Nov 2024	6.33	6.45	6.59	6.30	1.027 times
18 Mon Nov 2024	6.30	6.51	6.79	6.26	1.713 times
14 Thu Nov 2024	6.46	6.75	6.75	6.43	0.845 times
13 Wed Nov 2024	6.60	6.70	7.87	6.43	1.971 times
12 Tue Nov 2024	6.56	6.73	6.81	6.52	0.383 times
11 Mon Nov 2024	6.72	6.70	6.92	6.55	1.238 times

Stock of Bhandari Hosiery (BHANDARI) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.7, but if it comes below 6.7, then a intra day sell could be more profitable.
If you take a sell trade below 6.7, then use 6.7 as stoploss and 6.55 as target. However if you take a buy trade in stock , then use 6.7 as stoploss and 6.9 as target.

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	5.80
Downside Target	6.18
Upside Target	6.79
Upside Target	6.92
Upside Target	7.05
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	6.42
Downside Intraday Target	6.07
Upside Intraday Target	7.09
Upside Intraday Target	7.41
Downside Intraday Target	6.74

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	6.78	6.60	7.05	6.38	0.993 times
22 Fri Nov 2024	6.44	6.51	6.79	6.20	0.918 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

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
26 Tue Nov 2024	6.78	6.69	7.87	6.20	0.388 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 up 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bhandari Hosiery ( (BHANDARI) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 6.54 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 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.