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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 2024-05-30 View latest technical analysis

10 day averaged volume of Bombay Dyeing is 2040585

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	165.60	170.60	171.60	165.20	0.465 times
29 Wed May 2024	171.75	170.35	174.55	170.20	0.437 times
28 Tue May 2024	171.35	177.50	178.30	169.60	0.767 times
27 Mon May 2024	177.05	180.90	181.70	175.75	0.641 times
24 Fri May 2024	180.45	181.50	184.45	179.85	0.492 times
23 Thu May 2024	181.55	182.70	185.70	180.35	0.555 times
22 Wed May 2024	182.25	187.50	188.50	181.15	0.873 times
21 Tue May 2024	187.45	187.50	196.90	183.05	3.026 times
18 Sat May 2024	186.45	180.70	187.50	179.10	0.484 times
17 Fri May 2024	180.10	180.30	184.80	177.40	1.045 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 167.9, but if it comes above 167.9, then a intra day buy could be more profitable.
If you take a sell trade below 167.9, then use 167.9 as stoploss and 159.1 as target. However if you take a buy trade in stock , then use 167.9 as stoploss and 175.28 as target.

Share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Target	136.65
Downside Target	141.15
Downside Target	154.00
Downside Target	158.15
Downside Target	165.20
Upside Target	168.60
Upside Target	179.80
Upside Target	188.75
Upside Target	189.00
Upside Target	191.60
Upside Target	194.50
Upside Target	196.90

Intraday share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Intraday Target	159.97
Downside Intraday Target	154.33
Upside Intraday Target	176.47
Upside Intraday Target	187.33
Upside Intraday Target	170.83

Weekly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	165.60	180.90	181.70	165.20	0.467 times
24 Fri May 2024	180.45	187.50	196.90	179.85	0.493 times
18 Sat May 2024	186.45	169.80	189.00	160.55	2.181 times
10 Fri May 2024	165.40	180.60	182.60	160.15	0.997 times
03 Fri May 2024	178.50	168.70	180.95	168.60	2.024 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
30 Thu May 2024	165.60	173.90	196.90	160.15	2.055 times
30 Tue Apr 2024	173.05	161.95	179.80	158.15	0.894 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 181.14 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.