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 2024-03-07 View latest technical analysis

10 day averaged volume of Bombay Dyeing is 1588326

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	172.05	172.00	177.35	171.00	0.484 times
06 Wed Mar 2024	171.00	180.85	181.90	167.20	1.03 times
05 Tue Mar 2024	181.15	186.85	187.75	180.35	0.702 times
04 Mon Mar 2024	187.30	184.90	187.95	180.45	1.25 times
02 Sat Mar 2024	185.25	185.50	188.75	183.00	0.31 times
01 Fri Mar 2024	185.20	174.90	187.50	174.90	2.016 times
29 Thu Feb 2024	173.30	172.55	177.00	169.10	0.68 times
28 Wed Feb 2024	174.95	183.80	185.70	172.55	0.811 times
27 Tue Feb 2024	182.00	179.50	186.90	177.35	1.815 times
26 Mon Feb 2024	178.15	180.00	181.00	174.95	0.383 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 169.9 as stoploss in an intra day buy trade for a target of 176.51. However, stock will show a bearish move below 169.9.

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	167.20
Upside Target	182.90
Upside 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	163.52
Downside Intraday Target	154.98
Upside Intraday Target	184.27
Upside Intraday Target	196.48
Upside Intraday Target	175.73

Weekly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	172.05	184.90	187.95	167.20	0.576 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 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
07 Thu Mar 2024	172.05	174.90	188.75	167.20	0.234 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 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 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 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 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 Strong 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 moving up

CCI has generated a buy signal for Bombay Dyeing in short term but BUY signal is weak.

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 180.34 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 negative.

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