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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 2024-06-03 View latest technical analysis

10 day averaged volume of Bombay Dyeing is 1720868

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	166.95	171.00	171.85	165.40	0.655 times
31 Fri May 2024	164.20	166.30	166.30	161.50	0.822 times
30 Thu May 2024	165.60	170.60	171.60	165.20	0.552 times
29 Wed May 2024	171.75	170.35	174.55	170.20	0.519 times
28 Tue May 2024	171.35	177.50	178.30	169.60	0.91 times
27 Mon May 2024	177.05	180.90	181.70	175.75	0.76 times
24 Fri May 2024	180.45	181.50	184.45	179.85	0.583 times
23 Thu May 2024	181.55	182.70	185.70	180.35	0.658 times
22 Wed May 2024	182.25	187.50	188.50	181.15	1.036 times
21 Tue May 2024	187.45	187.50	196.90	183.05	3.588 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 166.2 as stoploss in an intra day buy trade for a target of 174.11. However, stock will show a bearish move below 166.2.

Share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Target	136.65
Downside Target	154.00
Downside Target	158.15
Downside Target	165.40
Upside Target	171.85
Upside Target	179.80
Upside Target	181.70
Upside Target	182.60
Upside Target	188.75
Upside Target	189.00
Upside Target	194.50
Upside Target	196.90

Intraday share price targets for Bombay Dyeing (BOMDYEING)

Target Type	Value
Downside Intraday Target	164.28
Downside Intraday Target	161.62
Upside Intraday Target	170.73
Upside Intraday Target	174.52
Upside Intraday Target	168.07

Weekly technical analysis of Bombay Dyeing (BOMDYEING)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	166.95	171.00	171.85	165.40	0.184 times
31 Fri May 2024	164.20	180.90	181.70	161.50	0.607 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

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
03 Mon Jun 2024	166.95	171.00	171.85	165.40	0.022 times
31 Fri May 2024	164.20	173.90	196.90	160.15	2.113 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

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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Bombay Dyeing in short term and the sell signal is strong.

Bombay Dyeing Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 178.66 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 positive

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