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

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

10 day averaged volume of Bombay Burmah is 148957

Date Daily Closing Price Open High Low Volume
20 Fri Sep 2024 2628.90 2600.00 2669.95 2579.90 0.819 times
19 Thu Sep 2024 2580.55 2709.55 2719.40 2506.15 1.157 times
18 Wed Sep 2024 2694.45 2740.05 2741.15 2680.30 0.464 times
17 Tue Sep 2024 2745.80 2718.00 2780.00 2668.80 1.121 times
16 Mon Sep 2024 2694.95 2716.00 2857.95 2680.00 2.737 times

My analysis of stock is bearish for shortterm, and stock might move down till 2547.8 or till 2447.6. Use a stoploss of 2631.25 and if the stock hits stoploss, then it can shoot up till 2714.73

Share price targets for Bombay Burmah (BBTC)

Target Type Value
Downside Target 1318.20
Downside Target 1457.40
Downside Target 1605.40
Downside Target 1900.00
Downside Target 2070.00
Downside Target 2167.70
Downside Target 2310.85
Downside Target 2408.00
Downside Target 2506.15
Downside Target 2560.00
Downside Target 2622.00
Upside Target 2749.70
Upside Target 2774.00
Upside Target 2857.95

Intraday share price targets for Bombay Burmah (BBTC)

Target Type Value
Downside Intraday Target 2470.72
Downside Intraday Target 2312.53
Upside Intraday Target 2822.52
Upside Intraday Target 3016.13
Upside Intraday Target 2664.33

Weekly technical analysis of Bombay Burmah (BBTC)

Date Weekly Closing Price Open High Low Volume
20 Fri Sep 2024 2628.90 2716.00 2857.95 2506.15 1.701 times
13 Fri Sep 2024 2690.55 2630.00 2749.70 2560.00 0.157 times
06 Fri Sep 2024 2625.90 2495.00 2774.00 2444.05 8.43 times
30 Fri Aug 2024 2491.85 2540.05 2622.00 2444.00 0.249 times
23 Fri Aug 2024 2527.30 2318.75 2604.95 2310.85 3.268 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bombay Burmah (BBTC)

Date Monthly Closing Price Open High Low Volume
20 Fri Sep 2024 2628.90 2495.00 2857.95 2444.05 1.141 times
30 Fri Aug 2024 2491.85 2279.90 2622.00 2070.00 0.533 times
31 Wed Jul 2024 2279.55 2045.05 2408.00 1900.00 0.772 times
28 Fri Jun 2024 2025.50 1485.05 2167.70 1318.20 9.495 times

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 Burmah (BBTC)

Indicator Name Indicator Value Indicator Signal
ADX 20, 21, 2 Sell
MACD 172, 200Sell
Stochastics 34None
CCI -101Buy
RSI 49Sell
OBV 3639695Sell
VWAP 2679Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Bombay Burmah ( (BBTC) ) based on a short term time period is

Price action analysis of Bombay Burmah ( (BBTC) ) based on a short 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 Burmah ( (BBTC) ) 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 Burmah ( (BBTC) ) 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 Burmah stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Bombay Burmah in short term but the sell signal is initial and weak.

Bombay Burmah 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 moving up

CCI has generated a buy signal for Bombay Burmah in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bombay Burmah is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2678.66 and Bombay Burmah (BBTC) 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 Burmah (BBTC) stock. Volume based technical analysis of Bombay Burmah (BBTC) stock is negative.

Bombay Burmah 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.

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