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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 2024-03-11 View latest technical analysis

10 day averaged volume of Bombay Dyeing is 1505662

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	164.50	172.00	172.50	163.25	0.514 times
07 Thu Mar 2024	172.05	172.00	177.35	171.00	0.51 times
06 Wed Mar 2024	171.00	180.85	181.90	167.20	1.086 times
05 Tue Mar 2024	181.15	186.85	187.75	180.35	0.741 times
04 Mon Mar 2024	187.30	184.90	187.95	180.45	1.318 times
02 Sat Mar 2024	185.25	185.50	188.75	183.00	0.328 times
01 Fri Mar 2024	185.20	174.90	187.50	174.90	2.127 times
29 Thu Feb 2024	173.30	172.55	177.00	169.10	0.717 times
28 Wed Feb 2024	174.95	183.80	185.70	172.55	0.855 times
27 Tue Feb 2024	182.00	179.50	186.90	177.35	1.915 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 164.4, for a target of 171.2 or 176.88

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
Upside Target	167.20
Upside Target	172.50
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	161
Downside Intraday Target	157.5
Upside Intraday Target	170.25
Upside Intraday Target	176
Upside Intraday Target	166.75

Weekly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	164.50	172.00	172.50	163.25	0.141 times
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

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
11 Mon Mar 2024	164.50	174.90	188.75	163.25	0.254 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 179.62 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.