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(BiharSponge) Bihar Sponge complete technical analysis [charts+indicators] | Buy/Sell Bihar Sponge | (BiharSponge) share price targets

Complete technical analysis of Bihar Sponge (BiharSponge) by charts plus indicators, forecast predictions and share price targets for Bihar Sponge (BiharSponge)

Showing technical analysis as on 2025-05-08 View latest technical analysis

10 day averaged volume of Bihar Sponge is 20186

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu May 2025	11.89	12.24	12.24	11.51	0.453 times
07 Wed May 2025	11.90	11.70	12.48	11.13	0.762 times
06 Tue May 2025	11.81	12.10	12.34	11.78	0.708 times
05 Mon May 2025	12.06	11.76	12.75	11.55	2.241 times
02 Fri May 2025	12.10	12.15	12.15	11.56	1.313 times
30 Wed Apr 2025	12.03	12.47	12.47	11.95	0.914 times
29 Tue Apr 2025	12.37	12.30	12.84	12.25	1.405 times
28 Mon Apr 2025	12.63	11.50	12.88	11.50	0.446 times
25 Fri Apr 2025	12.89	13.00	13.25	12.74	0.927 times
24 Thu Apr 2025	13.24	12.65	13.50	12.65	0.312 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.1, but if it comes above 12.1, then a intra day buy could be more profitable.
If you take a sell trade below 12.1, then use 12.1 as stoploss and 11.5 as target. However if you take a buy trade in stock , then use 12.1 as stoploss and 12.66 as target.

Share price targets for Bihar Sponge (BiharSponge)

Target Type	Value
Downside Target	11.13
Downside Target	11.50
Upside Target	12.42
Upside Target	13.49
Upside Target	13.74
Upside Target	13.96
Upside Target	14.15
Upside Target	15.40
Upside Target	16.04
Upside Target	17.79

Intraday share price targets for Bihar Sponge (BiharSponge)

Target Type	Value
Downside Intraday Target	11.1
Downside Intraday Target	10.3
Upside Intraday Target	12.72
Upside Intraday Target	13.54
Upside Intraday Target	11.92

Weekly technical analysis of Bihar Sponge (BiharSponge)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu May 2025	11.89	11.76	12.75	11.13	1.021 times
02 Fri May 2025	12.10	11.50	12.88	11.50	1.141 times
25 Fri Apr 2025	12.89	13.35	13.74	12.65	0.871 times
17 Thu Apr 2025	13.07	13.40	13.49	12.51	0.451 times
11 Fri Apr 2025	12.55	14.15	14.15	12.42	1.482 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 Bihar Sponge (BiharSponge)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu May 2025	11.89	12.15	12.75	11.13	0.213 times
30 Wed Apr 2025	12.03	12.75	14.15	11.50	0.65 times
28 Fri Mar 2025	13.00	11.54	15.40	11.50	1.334 times
28 Fri Feb 2025	12.24	15.99	16.04	11.55	0.958 times

Scroll below to view daily charts

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 Bihar Sponge (BiharSponge)

Price action analysis of Bihar Sponge ( (BiharSponge) ) 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 Bihar Sponge ( (BiharSponge) ) 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 Bihar Sponge ( (BiharSponge) ) 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 Bihar Sponge stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bihar Sponge in short term and the sell signal is strong.

Bihar Sponge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Bihar Sponge in short term but BUY signal is weak.

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 Bihar Sponge is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.22 and Bihar Sponge (BiharSponge) 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 Bihar Sponge (BiharSponge) stock. Volume based technical analysis of Bihar Sponge (BiharSponge) stock is negative.

Bihar Sponge 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.