(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, -1 | Buy |
| Stochastics | 30 | None |
| CCI | -88 | Sell |
| RSI | 45 | Sell |
| OBV | -631813 | Sell |
| VWAP | 7 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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
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Daily charts
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