Bombay dyeing finding trend line support at current levels @ 84.45, bulls will be favored as long as it holds above.

BOMBAY DYEING SHARE PRICE FORECAST
Bombay Dyeing share price forecast

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Stock witnessed selling pressure from its previous top and after that stock touched a low of 84.45. Chart indicates stock now finding trend line support at current levels @ 84.45. As long as stock holds above its trend line bulls will be favored. Further weakness expecting once stock closes and holds below 84.45. Visit this page for Bombay dyeing share price forecast.

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Today (19-07-17) share price of Bombay Dyeing trading around 86.70 up by Rs. 1.70 (+2%) at NSE at 11.21 am. Stock opened 85.30, high 87.70 and low 85.05. Total traded volumes were 826629.


BOMBAY DYEING SHARE PRICE FORECAST
bombay dyeing share price forecast

Bombay dyeing share price forecast – Technical chart indicates that stock witnessing selling pressure from its previous top @ 93, chart indicates as long as stock holds below its resistance zone weakness expecting. Further bulls action can only be seen once stock closes and holds above its trend line resistance zone @ 93 as shown in above technical image. Intraday we can see some bulls action once stock holds above its resistance level.

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If stock moves up from current levels then it will find strong resistance around 93 and 98. If it falls from current levels then will find support around 85 and 80 as per current above chart. Stock also holding above its 50 days moving average this will favor short term bulls.

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Share price of Bombay Dyeing currently trading around 89 at NSE 02:09 pm. Stock trading with a gain of Rs. 0.50 (0.56%) from its yesterdays closing. Stock opened 90.05, made an intraday high 91.20 and low 88.50. Trading volume so far 2225113. Bombay Dyeing 52 weeks high is 92.95 and 52 weeks low is 41.60.