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(BHANDARI_BE) Bhandari Hosiery complete technical analysis [charts+indicators] | Buy/Sell Bhandari Hosiery | (BHANDARI_BE) share price targets

Complete technical analysis of Bhandari Hosiery (BHANDARI_BE) by charts plus indicators, forecast predictions and share price targets for Bhandari Hosiery (BHANDARI_BE)

Showing technical analysis as on 2023-12-29 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 185728

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Dec 2023	6.10	6.00	6.10	6.00	1.135 times
28 Thu Dec 2023	6.10	6.20	6.20	6.10	0.837 times
27 Wed Dec 2023	6.20	6.10	6.20	6.10	0.847 times
26 Tue Dec 2023	6.10	6.00	6.10	6.00	0.772 times
22 Fri Dec 2023	6.00	6.05	6.05	6.00	0.368 times
21 Thu Dec 2023	6.05	6.00	6.05	6.00	1.022 times
20 Wed Dec 2023	6.10	6.30	6.30	6.10	1.524 times
19 Tue Dec 2023	6.20	6.10	6.20	6.05	1.854 times
18 Mon Dec 2023	6.10	6.00	6.10	6.00	0.996 times
15 Fri Dec 2023	6.00	6.05	6.05	6.00	0.718 times

My analysis of stock is bearish for shortterm, and stock might move down till 6 or till 5.8. Use a stoploss of 6.19 and if the stock hits stoploss, then it can shoot up till 6.35

Share price targets for Bhandari Hosiery (BHANDARI_BE)

Target Type	Value
Downside Target	5.45
Downside Target	5.70
Downside Target	6.00
Upside Target	6.60
Upside Target	6.85
Upside Target	6.90
Upside Target	7.10
Upside Target	7.20
Upside Target	7.30
Upside Target	7.55

Intraday share price targets for Bhandari Hosiery (BHANDARI_BE)

Target Type	Value
Downside Intraday Target	6
Downside Intraday Target	5.9
Upside Intraday Target	6.2
Upside Intraday Target	6.3
Downside Intraday Target	6.1

Weekly technical analysis of Bhandari Hosiery (BHANDARI_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Dec 2023	6.10	6.00	6.20	6.00	0.623 times
22 Fri Dec 2023	6.00	6.00	6.30	6.00	1.555 times
15 Fri Dec 2023	6.00	6.10	6.25	6.00	0.805 times
08 Fri Dec 2023	6.10	6.50	6.60	6.10	3.837 times
01 Fri Dec 2023	6.60	6.90	6.90	6.60	0.046 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Fri Dec 2023	6.10	6.60	6.60	6.00	0.346 times
30 Thu Nov 2023	6.70	6.05	7.20	5.80	1.359 times
31 Tue Oct 2023	6.05	5.95	6.85	5.45	0.668 times
29 Fri Sep 2023	5.95	7.00	7.30	5.70	13.605 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_BE)

Price action analysis of Bhandari Hosiery ( (BHANDARI_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bhandari Hosiery ( (BHANDARI_BE) ) 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_BE) ) 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 and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bhandari Hosiery Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 6.11 and Bhandari Hosiery (BHANDARI_BE) 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_BE) stock. Volume based technical analysis of Bhandari Hosiery (BHANDARI_BE) stock is negative.

Bhandari Hosiery Stock is giving positive 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.