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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 2024-04-01 View latest technical analysis

10 day averaged volume of Bombay Dyeing is 1315791

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	161.65	161.95	163.65	159.70	0.76 times
28 Thu Mar 2024	158.25	155.85	161.65	155.05	1.921 times
27 Wed Mar 2024	154.75	151.10	158.15	151.10	0.813 times
26 Tue Mar 2024	150.60	154.90	156.70	150.20	0.95 times
22 Fri Mar 2024	155.15	154.05	157.55	154.05	0.415 times
21 Thu Mar 2024	155.45	151.00	156.20	150.95	0.527 times
20 Wed Mar 2024	149.70	150.00	154.00	148.00	0.581 times
19 Tue Mar 2024	149.80	153.55	154.20	149.00	0.599 times
18 Mon Mar 2024	153.55	158.30	162.00	152.95	0.823 times
15 Fri Mar 2024	158.35	156.00	164.90	151.50	1.967 times

My analysis of stock is bearish for shortterm, and stock might move down till 149.3 or till 133.6. Use a stoploss of 162.45 and if the stock hits stoploss, then it can shoot up till 175.57

Share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Target	136.65
Downside Target	141.15
Downside Target	148.00
Downside Target	154.00
Downside Target	159.70
Upside Target	163.65
Upside Target	167.20
Upside Target	172.50
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	159.68
Downside Intraday Target	157.72
Upside Intraday Target	163.63
Upside Intraday Target	165.62
Upside Intraday Target	161.67

Weekly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	161.65	161.95	163.65	159.70	0.206 times
28 Thu Mar 2024	158.25	154.90	161.65	150.20	1.251 times
22 Fri Mar 2024	155.15	158.30	162.00	148.00	0.409 times
15 Fri Mar 2024	158.35	172.00	172.50	136.65	1.721 times
07 Thu Mar 2024	172.05	184.90	187.95	167.20	0.576 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
01 Mon Apr 2024	161.65	161.95	163.65	159.70	0.037 times
28 Thu Mar 2024	158.25	174.90	188.75	136.65	0.696 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

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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bombay Dyeing stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bombay Dyeing in short term and BUY 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 155.69 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 negative.

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