Login or Join
 Learn then Earn

(BODALCHEM) Bodal Chemicals complete technical analysis [charts+indicators] | Buy/Sell Bodal Chemicals | (BODALCHEM) share price targets

Complete technical analysis of Bodal Chemicals (BODALCHEM) by charts plus indicators, forecast predictions and share price targets for Bodal Chemicals (BODALCHEM)

10 day averaged volume of Bodal Chemicals is 332716

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 72.42 70.46 73.00 70.46 0.778 times
18 Mon Nov 2024 70.43 72.10 72.63 70.01 0.909 times
14 Thu Nov 2024 71.43 73.00 75.60 70.20 1.954 times
13 Wed Nov 2024 72.73 74.60 74.74 72.00 1.356 times
12 Tue Nov 2024 74.61 76.70 77.30 74.10 0.507 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 73.2, but if it comes above 73.2, then a intra day buy could be more profitable.
If you take a sell trade below 73.2, then use 73.2 as stoploss and 70.3 as target. However if you take a buy trade in stock , then use 73.2 as stoploss and 75.52 as target.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type Value
Downside Target 70.01
Upside Target 77.30
Upside Target 77.53
Upside Target 78.25
Upside Target 78.90
Upside Target 80.87
Upside Target 84.99
Upside Target 86.00
Upside Target 87.65
Upside Target 87.85

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type Value
Downside Intraday Target 70.62
Downside Intraday Target 68.82
Upside Intraday Target 73.61
Upside Intraday Target 74.8
Downside Intraday Target 71.81

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 72.42 72.10 73.00 70.01 0.393 times
14 Thu Nov 2024 71.43 77.01 77.30 70.20 0.889 times
08 Fri Nov 2024 77.01 78.80 80.87 75.01 2.547 times
01 Fri Nov 2024 78.12 74.35 78.90 74.11 0.602 times
30 Wed Oct 2024 76.75 75.00 77.53 73.21 0.398 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 Bodal Chemicals (BODALCHEM)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 72.42 77.49 80.87 70.01 0.232 times
31 Thu Oct 2024 77.17 81.53 87.65 72.40 0.746 times
30 Mon Sep 2024 81.24 82.40 87.85 78.25 0.924 times
30 Fri Aug 2024 81.49 83.00 86.00 73.02 0.929 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 Bodal Chemicals (BODALCHEM)

Indicator Name Indicator Value Indicator Signal
ADX 12, 26, 38 Sell
MACD -4, -3Sell
Stochastics 13Sell
CCI -88Buy
RSI 47Sell
OBV -2285010Sell
VWAP 75Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bodal Chemicals in short term and the sell signal is strong.

Bodal Chemicals 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bodal Chemicals 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 positive zone. This is a BUY zone

Stock of Bodal Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 74.77 and Bodal Chemicals (BODALCHEM) 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 Bodal Chemicals (BODALCHEM) stock. Volume based technical analysis of Bodal Chemicals (BODALCHEM) stock is negative.

Bodal Chemicals 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.

Click here for Bodal Chemicals charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme