Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-29 View latest technical analysis

10 day averaged volume of Bombay Dyeing is 1514916

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	173.30	172.55	177.00	169.10	0.712 times
28 Wed Feb 2024	174.95	183.80	185.70	172.55	0.85 times
27 Tue Feb 2024	182.00	179.50	186.90	177.35	1.903 times
26 Mon Feb 2024	178.15	180.00	181.00	174.95	0.401 times
23 Fri Feb 2024	180.00	178.95	183.30	178.20	1.053 times
22 Thu Feb 2024	178.65	179.45	180.00	173.25	0.63 times
21 Wed Feb 2024	177.80	180.90	183.90	176.65	1.164 times
20 Tue Feb 2024	179.45	174.00	183.40	173.25	1.395 times
19 Mon Feb 2024	173.70	174.10	180.90	172.70	0.772 times
16 Fri Feb 2024	174.15	179.00	179.40	173.50	0.44 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 170.5 as stoploss in an intra day buy trade for a target of 177.15. However, stock will show a bearish move below 170.5.

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	169.10
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	165.97
Downside Intraday Target	158.63
Upside Intraday Target	183.77
Upside Intraday Target	194.23
Upside Intraday Target	176.43

Weekly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	173.30	180.00	186.90	169.10	0.771 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
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
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bombay Dyeing ( (BOMDYEING) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. Signal strength is Weak and stock is gaining 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. Bears are getting stronger in this stock.

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 BUY signal in short term and the buying is gaining 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 178.11 and Bombay Dyeing (BOMDYEING) 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 Bombay Dyeing (BOMDYEING) stock. Volume based technical analysis of Bombay Dyeing (BOMDYEING) stock is negative.

Bombay Dyeing 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.