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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 2024-01-10 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 693172

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jan 2024	7.50	7.25	7.50	7.10	2.157 times
09 Tue Jan 2024	7.15	7.15	7.25	7.05	1.488 times
08 Mon Jan 2024	7.15	7.15	7.20	6.85	1.601 times
05 Fri Jan 2024	7.05	7.10	7.15	6.75	1.71 times
04 Thu Jan 2024	7.00	6.80	7.00	6.70	1.671 times
03 Wed Jan 2024	6.70	6.45	6.75	6.30	1.012 times
02 Tue Jan 2024	6.45	6.55	6.60	6.20	1.118 times
01 Mon Jan 2024	6.40	6.30	6.40	6.15	0.645 times
29 Fri Dec 2023	6.10	6.00	6.10	6.00	0.304 times
28 Thu Dec 2023	6.10	6.20	6.20	6.10	0.224 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 7.5, for a target of 6.9 or 6.43

Share price targets for Bhandari Hosiery (BHANDARI_BE)

Target Type	Value
Downside Target	5.45
Downside Target	5.70
Downside Target	6.00
Downside Target	6.15
Downside Target	6.60
Downside Target	6.85
Downside Target	7.15
Downside Target	7.20
Downside Target	7.30
Downside Target	7.50

Intraday share price targets for Bhandari Hosiery (BHANDARI_BE)

Target Type	Value
Downside Intraday Target	7.07
Downside Intraday Target	6.63
Upside Intraday Target	7.72
Upside Intraday Target	7.93
Downside Intraday Target	7.28

Weekly technical analysis of Bhandari Hosiery (BHANDARI_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jan 2024	7.50	7.15	7.50	6.85	0.852 times
05 Fri Jan 2024	7.05	6.30	7.15	6.15	6.399 times
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

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
10 Wed Jan 2024	7.50	6.30	7.50	6.15	2.361 times
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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bhandari Hosiery in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 6.99 and Bhandari Hosiery (BHANDARI_BE) 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_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.