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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 87950

Date Daily Closing Price Open High Low Volume
08 Fri Nov 2024 2717.55 2776.25 2825.00 2695.05 0.662 times
07 Thu Nov 2024 2772.05 2794.45 2873.95 2758.00 1.181 times
06 Wed Nov 2024 2806.35 2710.50 2831.05 2706.40 1.348 times
05 Tue Nov 2024 2710.05 2670.00 2737.95 2651.05 0.91 times
04 Mon Nov 2024 2669.50 2757.00 2758.90 2640.00 0.877 times

My analysis of stock is bullish for shortterm, and stock might move up till 2769.1 or till 2832.4. Use a stoploss of 2716.44 and if this stock hits its stoploss, then it can fall down till 2663.74

Share price targets for Bombay Burmah (BBTC)

Target Type Value
Downside Target 1900.00
Downside Target 2070.00
Downside Target 2408.00
Downside Target 2541.00
Upside Target 2798.00
Upside Target 2799.00
Upside Target 2828.00
Upside Target 2873.95
Upside Target 2905.00
Upside Target 2944.00
Upside Target 2975.00

Intraday share price targets for Bombay Burmah (BBTC)

Target Type Value
Downside Intraday Target 2613.72
Downside Intraday Target 2509.88
Upside Intraday Target 2847.67
Upside Intraday Target 2977.78
Upside Intraday Target 2743.83

Weekly technical analysis of Bombay Burmah (BBTC)

Date Weekly Closing Price Open High Low Volume
08 Fri Nov 2024 2717.55 2757.00 2873.95 2640.00 1.918 times
01 Fri Nov 2024 2756.45 2739.90 2799.00 2674.40 0.636 times
30 Wed Oct 2024 2720.80 2603.00 2798.00 2600.05 0.186 times
25 Fri Oct 2024 2637.45 2683.85 2944.00 2541.00 3.693 times
18 Fri Oct 2024 2683.80 2667.00 2828.00 2550.00 0.582 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
08 Fri Nov 2024 2717.55 2779.00 2873.95 2640.00 0.101 times
31 Thu Oct 2024 2769.40 2891.25 2975.00 2450.00 0.695 times
30 Mon Sep 2024 2867.55 2495.00 2905.00 2444.05 1.463 times
30 Fri Aug 2024 2491.85 2279.90 2622.00 2070.00 0.533 times

Price has moved down 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 23, 21, 5 Buy
MACD 58, 61Sell
Stochastics 62None
CCI 6Sell
RSI 46Sell
OBV 1399049Sell
VWAP 2743Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Bombay Burmah ( (BBTC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bombay Burmah ( (BBTC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bombay Burmah ( (BBTC) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing 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. 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 coming down

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

RSI is generating a SELL signal in short term but selling is losing 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 2743.31 and Bombay Burmah (BBTC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 negative.

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

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