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(BOMDYEING) Bombay Dyeing complete technical analysis [charts+indicators] | Buy/Sell Bombay Dyeing | (BOMDYEING) share price targets

Complete technical analysis of Bombay Dyeing (BOMDYEING) by charts plus indicators, forecast predictions and share price targets for Bombay Dyeing (BOMDYEING)

Bombay Dyeing trades in NSE in Textiles sector.

10 day averaged volume of Bombay Dyeing is 917295

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	173.20	170.90	174.00	169.85	1.187 times
22 Mon Apr 2024	169.85	165.70	171.75	165.10	1.161 times
19 Fri Apr 2024	164.05	160.00	165.75	159.00	0.888 times
18 Thu Apr 2024	164.15	168.90	168.90	163.30	0.687 times
16 Tue Apr 2024	166.70	163.75	169.75	163.75	0.689 times
15 Mon Apr 2024	166.25	164.60	168.75	158.15	1.334 times
12 Fri Apr 2024	166.05	169.00	170.45	165.50	0.77 times
10 Wed Apr 2024	169.90	171.75	172.25	168.50	0.802 times
09 Tue Apr 2024	170.90	171.25	175.50	168.10	1.66 times
08 Mon Apr 2024	170.85	171.90	174.80	170.20	0.974 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 171.9, but if it comes below 171.9, then a intra day sell could be more profitable.
If you take a sell trade below 171.9, then use 171.9 as stoploss and 165.1 as target. However if you take a buy trade in stock , then use 171.9 as stoploss and 180.1 as target.

Share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Target	136.65
Downside Target	141.15
Downside Target	150.20
Downside Target	154.00
Downside Target	158.15
Downside Target	165.10
Downside Target	169.75
Upside Target	174.00
Upside Target	175.50
Upside Target	179.80
Upside Target	188.75
Upside Target	191.60
Upside Target	194.50

Intraday share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Intraday Target	167.53
Downside Intraday Target	161.87
Upside Intraday Target	176.43
Upside Intraday Target	179.67
Downside Intraday Target	170.77

Weekly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	173.20	165.70	174.00	165.10	0.653 times
19 Fri Apr 2024	164.05	164.60	169.75	158.15	0.855 times
12 Fri Apr 2024	166.05	171.90	175.50	165.50	0.434 times
05 Fri Apr 2024	170.85	161.95	179.80	159.20	1.835 times
28 Thu Mar 2024	158.25	154.90	161.65	150.20	1.251 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 Bombay Dyeing (BOMDYEING)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	173.20	161.95	179.80	158.15	0.665 times
28 Thu Mar 2024	158.25	174.90	188.75	136.65	0.696 times
29 Thu Feb 2024	173.30	186.30	194.50	154.00	0.5 times
31 Wed Jan 2024	185.70	155.00	191.60	141.15	2.834 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 Bombay Dyeing (BOMDYEING)

Price action analysis of Bombay Dyeing ( (BOMDYEING) ) 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 Bombay Dyeing ( (BOMDYEING) ) 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 Bombay Dyeing ( (BOMDYEING) ) 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 Bombay Dyeing stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bombay Dyeing 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.

Bombay Dyeing 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. 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 Bombay Dyeing in short term and BUY 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 Bombay Dyeing is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 168.65 and Bombay Dyeing (BOMDYEING) 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 Bombay Dyeing (BOMDYEING) stock. Volume based technical analysis of Bombay Dyeing (BOMDYEING) stock is negative.

Bombay Dyeing 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.