Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-24 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 730269

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	7.21	7.25	7.36	7.09	1.18 times
23 Mon Dec 2024	7.23	7.40	7.48	7.20	0.684 times
20 Fri Dec 2024	7.37	7.60	7.65	7.30	0.925 times
19 Thu Dec 2024	7.52	7.69	7.69	7.45	0.998 times
18 Wed Dec 2024	7.56	7.74	7.80	7.51	0.923 times
17 Tue Dec 2024	7.70	7.94	7.98	7.68	0.874 times
16 Mon Dec 2024	7.92	8.03	8.15	7.84	0.937 times
13 Fri Dec 2024	7.89	7.90	7.97	7.59	1.463 times
12 Thu Dec 2024	7.89	7.96	8.02	7.80	0.712 times
11 Wed Dec 2024	7.93	8.08	8.19	7.91	0.975 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.3, but if it comes above 7.3, then a intra day buy could be more profitable.
If you take a sell trade below 7.3, then use 7.3 as stoploss and 6.9 as target. However if you take a buy trade in stock , then use 7.3 as stoploss and 7.66 as target.

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	5.80
Downside Target	6.20
Downside Target	6.81
Downside Target	7.09
Upside Target	7.30
Upside Target	7.79
Upside Target	7.87
Upside Target	7.95
Upside Target	8.15
Upside Target	8.40
Upside Target	8.70

Intraday share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Intraday Target	7.04
Downside Intraday Target	6.87
Upside Intraday Target	7.43
Upside Intraday Target	7.65
Upside Intraday Target	7.26

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	7.21	7.40	7.48	7.09	0.4 times
20 Fri Dec 2024	7.37	8.03	8.15	7.30	0.663 times
13 Fri Dec 2024	7.89	7.71	8.40	7.59	0.373 times
06 Fri Dec 2024	7.74	7.40	8.70	7.36	2.167 times
29 Fri Nov 2024	7.31	6.60	7.35	6.38	3.111 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
24 Tue Dec 2024	7.21	7.40	8.70	7.09	1.746 times
29 Fri Nov 2024	7.31	6.69	7.87	6.20	0.57 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bhandari Hosiery stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Bhandari Hosiery in short term but the sell signal is initial and weak.

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 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 7.63 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 positive

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