Login or Join
Learn then Earn

(BEDMUTHA) Bedmutha Indust complete technical analysis [charts+indicators] | Buy/Sell Bedmutha Indust | (BEDMUTHA) share price targets

Complete technical analysis of Bedmutha Indust (BEDMUTHA) by charts plus indicators, forecast predictions and share price targets for Bedmutha Indust (BEDMUTHA)

10 day averaged volume of Bedmutha Indust is 17304

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 243.15 241.95 243.15 236.20 2.515 times
20 Mon May 2024 231.60 231.60 231.60 226.05 0.778 times
17 Fri May 2024 220.60 219.95 227.70 209.10 1.692 times
16 Thu May 2024 216.90 215.80 216.90 211.05 1.055 times
15 Wed May 2024 206.60 201.00 206.60 199.15 0.894 times

Stock of Bedmutha Indust (BEDMUTHA) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 236, for a target of 217.7 or 202.5

Share price targets for Bedmutha Indust (BEDMUTHA)

Target Type Value
Downside Target 66.90
Downside Target 68.40
Downside Target 73.50
Downside Target 120.80
Downside Target 173.30
Downside Target 179.55
Downside Target 191.50
Downside Target 198.20
Downside Target 208.90
Downside Target 226.05
Downside Target 227.70
Downside Target 243.15
Upside Target 310.45

Intraday share price targets for Bedmutha Indust (BEDMUTHA)

Target Type Value
Downside Intraday Target 231.75
Downside Intraday Target 220.35
Upside Intraday Target 248.85
Upside Intraday Target 254.55
Downside Intraday Target 237.45

Weekly technical analysis of Bedmutha Indust (BEDMUTHA)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 243.15 231.60 243.15 226.05 0.712 times
17 Fri May 2024 220.60 182.00 227.70 179.55 1.454 times
10 Fri May 2024 178.55 199.30 201.00 176.00 1.174 times
03 Fri May 2024 197.65 191.50 204.00 191.50 0.6 times
26 Fri Apr 2024 199.60 204.70 208.90 198.20 0.279 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 Bedmutha Indust (BEDMUTHA)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 243.15 203.95 243.15 176.00 1.727 times
30 Tue Apr 2024 201.85 204.70 208.90 191.50 0.051 times
30 Tue Jan 2024 294.50 174.90 310.45 173.30 0.483 times
29 Fri Sep 2023 119.75 69.60 120.80 68.40 9.269 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Bedmutha Indust (BEDMUTHA)

Indicator Name Indicator Value Indicator Signal
ADX 45, 19, 40 Buy
MACD 18, 13Buy
Stochastics 95Buy
CCI 140Buy
RSI 55Buy
OBV -125559Sell
VWAP 215Buy
ADL 0Sell
ROC 28Buy
Force Index 0Sell

Price action analysis of Bedmutha Indust ( (BEDMUTHA) ) 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 Bedmutha Indust ( (BEDMUTHA) ) 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 Bedmutha Indust ( (BEDMUTHA) ) 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 Bedmutha Indust ( (BEDMUTHA) ) 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 Bedmutha Indust stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bedmutha Indust in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bedmutha Indust Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Bedmutha Indust in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bedmutha Indust is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 215.05 and Bedmutha Indust (BEDMUTHA) 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 Bedmutha Indust (BEDMUTHA) stock. Volume based technical analysis of Bedmutha Indust (BEDMUTHA) stock is negative.

Bedmutha Indust Stock is giving positive 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.

Click here for Bedmutha Indust charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme