logo munafa.org

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(BRFL) Bombay Rayon complete technical analysis [charts+indicators] | Buy/Sell Bombay Rayon | (BRFL) share price targets

Complete technical analysis of Bombay Rayon (BRFL) by charts plus indicators, forecast predictions and share price targets for Bombay Rayon (BRFL)

Bombay Rayon trades in NSE in Textiles sector.

10 day averaged volume of Bombay Rayon is 176602

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 6.85 7.05 7.10 6.70 0.379 times
13 Tue Apr 2021 7.00 7.15 7.15 6.80 0.185 times
12 Mon Apr 2021 6.85 7.45 7.45 6.60 1.048 times
09 Fri Apr 2021 7.30 7.50 7.50 7.05 0.499 times
08 Thu Apr 2021 7.35 7.10 7.60 7.00 0.981 times
07 Wed Apr 2021 7.10 7.05 7.30 6.90 0.238 times
06 Tue Apr 2021 7.05 7.00 7.40 6.85 1.492 times
05 Mon Apr 2021 7.05 7.30 7.30 6.80 0.715 times
01 Thu Apr 2021 7.05 6.65 7.05 6.65 1.366 times
31 Wed Mar 2021 6.75 7.10 7.10 6.75 2.038 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7, but if it comes above 7, then a intra day buy could be more profitable.
If you take a sell trade below 7, then use 7 as stoploss and 6.6 as target. However if you take a buy trade in stock , then use 7 as stoploss and 7.27 as target.

Share price targets for Bombay Rayon (BRFL)

Target Type Value
Downside Target 6.60
Upside Target 7.20
Upside Target 7.45
Upside Target 7.60
Upside Target 7.90
Upside Target 8.20
Upside Target 9.35
Upside Target 9.90
Upside Target 10.55
Upside Target 12.25
Upside Target 12.95
Upside Target 14.85

Intraday share price targets for Bombay Rayon (BRFL)

Target Type Value
Downside Intraday Target 6.48
Downside Intraday Target 6.12
Upside Intraday Target 7.33
Upside Intraday Target 7.82
Upside Intraday Target 6.97

Weekly technical analysis of Bombay Rayon (BRFL)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 6.85 7.45 7.45 6.60 0.411 times
09 Fri Apr 2021 7.30 7.30 7.60 6.80 0.811 times
01 Thu Apr 2021 7.05 7.25 7.60 6.65 0.838 times
26 Fri Mar 2021 7.45 7.60 7.95 7.20 0.538 times
19 Fri Mar 2021 7.45 7.85 7.90 7.25 0.51 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 Rayon (BRFL)

Date Monthly Closing Price Open High Low Volume
15 Thu Apr 2021 6.85 6.65 7.60 6.60 0.131 times
31 Wed Mar 2021 6.75 8.70 9.90 6.75 2.623 times
25 Thu Feb 2021 8.20 11.35 12.25 8.20 1.106 times
29 Fri Jan 2021 11.70 11.65 12.95 10.55 0.63 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 Rayon (BRFL)

Indicator Name Indicator Value Indicator Signal
ADX 10, 26, 44 Sell
MACD -1, -1Buy
Stochastics 30None
CCI -88Sell
RSI 45Sell
OBV -631813Sell
VWAP 7Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Bombay Rayon ( (BRFL) ) 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 Rayon ( (BRFL) ) 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 Rayon ( (BRFL) ) 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 Rayon ( (BRFL) ) based on a mid to longer 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.

ADX buy sell signal for Bombay Rayon stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bombay Rayon 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 Rayon 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bombay Rayon in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 Rayon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7 and Bombay Rayon (BRFL) 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 Rayon (BRFL) stock. Volume based technical analysis of Bombay Rayon (BRFL) stock is negative.

Bombay Rayon 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.

Click here for Bombay Rayon charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme