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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.

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Bombay Dyeing is 1512768

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	174.95	183.80	185.70	172.55	0.851 times
27 Tue Feb 2024	182.00	179.50	186.90	177.35	1.906 times
26 Mon Feb 2024	178.15	180.00	181.00	174.95	0.402 times
23 Fri Feb 2024	180.00	178.95	183.30	178.20	1.054 times
22 Thu Feb 2024	178.65	179.45	180.00	173.25	0.631 times
21 Wed Feb 2024	177.80	180.90	183.90	176.65	1.166 times
20 Tue Feb 2024	179.45	174.00	183.40	173.25	1.397 times
19 Mon Feb 2024	173.70	174.10	180.90	172.70	0.773 times
16 Fri Feb 2024	174.15	179.00	179.40	173.50	0.441 times
15 Thu Feb 2024	177.85	173.30	182.90	171.90	1.394 times

My analysis of stock is bearish for shortterm, and stock might move down till 170.9 or till 162.8. Use a stoploss of 177.7 and if the stock hits stoploss, then it can shoot up till 184.47

Share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Target	134.55
Downside Target	141.15
Downside Target	150.00
Downside Target	154.00
Downside Target	161.50
Downside Target	172.00
Upside Target	182.90
Upside Target	183.90
Upside Target	186.90
Upside Target	191.60
Upside Target	194.50

Intraday share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Intraday Target	169.37
Downside Intraday Target	163.78
Upside Intraday Target	183.72
Upside Intraday Target	192.48
Upside Intraday Target	178.13

Weekly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	174.95	180.00	186.90	172.55	0.629 times
23 Fri Feb 2024	180.00	174.10	183.90	172.70	0.878 times
16 Fri Feb 2024	174.15	174.90	182.90	154.00	0.674 times
09 Fri Feb 2024	173.65	180.00	194.50	172.00	0.656 times
02 Fri Feb 2024	179.90	181.80	191.60	173.00	0.72 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 Bombay Dyeing (BOMDYEING)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	174.95	186.30	194.50	154.00	0.486 times
31 Wed Jan 2024	185.70	155.00	191.60	141.15	2.834 times
29 Fri Dec 2023	154.00	156.35	161.50	142.60	0.429 times
30 Thu Nov 2023	154.60	160.25	174.80	150.00	0.632 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 Bombay Dyeing (BOMDYEING)

Price action analysis of Bombay Dyeing ( (BOMDYEING) ) based on a short 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.

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

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

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 tired and bears 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 Bombay Dyeing in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bombay Dyeing is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 178.42 and Bombay Dyeing (BOMDYEING) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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