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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 2024-12-31 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 601371

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	7.09	6.98	7.18	6.84	0.807 times
30 Mon Dec 2024	6.98	7.28	7.28	6.96	0.79 times
27 Fri Dec 2024	7.13	7.18	7.27	7.06	0.556 times
26 Thu Dec 2024	7.15	7.22	7.38	7.12	0.734 times
24 Tue Dec 2024	7.21	7.25	7.36	7.09	1.433 times
23 Mon Dec 2024	7.23	7.40	7.48	7.20	0.831 times
20 Fri Dec 2024	7.37	7.60	7.65	7.30	1.123 times
19 Thu Dec 2024	7.52	7.69	7.69	7.45	1.212 times
18 Wed Dec 2024	7.56	7.74	7.80	7.51	1.121 times
17 Tue Dec 2024	7.70	7.94	7.98	7.68	1.061 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 6.8 as target. However if you take a buy trade in stock , then use 7.3 as stoploss and 7.6 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	7.06
Upside Target	7.28
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	6.86
Downside Intraday Target	6.63
Upside Intraday Target	7.3
Upside Intraday Target	7.51
Downside Intraday Target	7.07

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	7.09	7.28	7.28	6.84	0.449 times
27 Fri Dec 2024	7.13	7.40	7.48	7.06	0.629 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

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
31 Tue Dec 2024	7.09	7.40	8.70	6.84	1.874 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Bhandari Hosiery stock for short term is SELL. Signal strength is Strong and stock is losing 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 red color and prices are below the red 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 BUY signal in short term but buying is losing 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 7.33 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.