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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 2024-03-04 View latest technical analysis

10 day averaged volume of Bombay Dyeing is 1597908

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	187.30	184.90	187.95	180.45	1.242 times
02 Sat Mar 2024	185.25	185.50	188.75	183.00	0.309 times
01 Fri Mar 2024	185.20	174.90	187.50	174.90	2.004 times
29 Thu Feb 2024	173.30	172.55	177.00	169.10	0.675 times
28 Wed Feb 2024	174.95	183.80	185.70	172.55	0.806 times
27 Tue Feb 2024	182.00	179.50	186.90	177.35	1.804 times
26 Mon Feb 2024	178.15	180.00	181.00	174.95	0.38 times
23 Fri Feb 2024	180.00	178.95	183.30	178.20	0.998 times
22 Thu Feb 2024	178.65	179.45	180.00	173.25	0.597 times
21 Wed Feb 2024	177.80	180.90	183.90	176.65	1.104 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 184.8, but if it comes below 184.8, then a intra day sell could be more profitable.
If you take a sell trade below 184.8, then use 184.8 as stoploss and 177.7 as target. However if you take a buy trade in stock , then use 184.8 as stoploss and 193.4 as target.

Share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Target	141.15
Downside Target	150.00
Downside Target	154.00
Downside Target	161.50
Downside Target	169.10
Downside Target	180.45
Downside Target	183.90
Upside Target	187.95
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	182.52
Downside Intraday Target	177.73
Upside Intraday Target	190.02
Upside Intraday Target	192.73
Downside Intraday Target	185.23

Weekly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	187.30	184.90	187.95	180.45	0.208 times
02 Sat Mar 2024	185.25	180.00	188.75	169.10	1.258 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

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
04 Mon Mar 2024	187.30	174.90	188.75	174.90	0.144 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
29 Fri Dec 2023	154.00	156.35	161.50	142.60	0.429 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 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 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 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 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 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 SELL signal for Bombay Dyeing in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 181.23 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 positive

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