Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(BASF) Basf India complete technical analysis [charts+indicators] | Buy/Sell Basf India | (BASF) share price targets

Complete technical analysis of Basf India (BASF) by charts plus indicators, forecast predictions and share price targets for Basf India (BASF)

Basf India trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-01-23 View latest technical analysis

10 day averaged volume of Basf India is 13824

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	2961.60	3006.05	3014.15	2898.00	1.272 times
22 Mon Jan 2024	2999.15	3020.00	3047.00	2982.05	0.37 times
19 Fri Jan 2024	3014.60	2967.00	3047.00	2962.80	1.231 times
18 Thu Jan 2024	2952.20	2922.00	2964.00	2868.00	0.638 times
17 Wed Jan 2024	2950.00	2964.00	3004.00	2939.90	0.854 times
16 Tue Jan 2024	2962.70	3029.95	3036.20	2933.95	1.032 times
15 Mon Jan 2024	3000.90	2988.70	3019.80	2955.05	1.547 times
12 Fri Jan 2024	2988.70	3040.85	3051.95	2975.00	1.211 times
11 Thu Jan 2024	3043.30	3053.00	3078.35	3037.55	0.774 times
10 Wed Jan 2024	3053.95	3056.60	3060.00	3003.00	0.879 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2984.1, but if it comes above 2984.1, then a intra day buy could be more profitable.
If you take a sell trade below 2984.1, then use 2984.1 as stoploss and 2932.6 as target. However if you take a buy trade in stock , then use 2984.1 as stoploss and 3027.11 as target.

Share price targets for Basf India (BASF)

Target Type	Value
Downside Target	2430.00
Downside Target	2488.10
Downside Target	2637.00
Downside Target	2868.00
Upside Target	2975.00
Upside Target	3047.00
Upside Target	3089.90
Upside Target	3095.85
Upside Target	3178.00
Upside Target	3198.00

Intraday share price targets for Basf India (BASF)

Target Type	Value
Downside Intraday Target	2890.73
Downside Intraday Target	2819.87
Upside Intraday Target	3039.73
Upside Intraday Target	3117.87
Upside Intraday Target	2968.87

Weekly technical analysis of Basf India (BASF)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	2961.60	3020.00	3047.00	2898.00	0.31 times
19 Fri Jan 2024	3014.60	2988.70	3047.00	2868.00	0.901 times
12 Fri Jan 2024	2988.70	3048.15	3089.90	2975.00	1.104 times
05 Fri Jan 2024	3048.15	3051.30	3095.85	3022.70	0.338 times
29 Fri Dec 2023	3066.35	3024.05	3198.00	3013.40	1.184 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 Basf India (BASF)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	2961.60	3051.30	3095.85	2868.00	0.371 times
29 Fri Dec 2023	3066.35	2950.00	3198.00	2900.10	0.731 times
30 Thu Nov 2023	2935.60	2537.30	3178.00	2488.10	3.587 times
31 Tue Oct 2023	2524.00	2554.70	2637.00	2430.00	0.625 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 Basf India (BASF)

Price action analysis of Basf India ( (BASF) ) based on a short 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 Basf India ( (BASF) ) 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 Basf India ( (BASF) ) 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 Basf India ( (BASF) ) 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 Basf India stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Basf India 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 stronger in this stock.

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

CCI has generated a SELL signal for Basf India in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Basf India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2992.43 and Basf India (BASF) 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 Basf India (BASF) stock. Volume based technical analysis of Basf India (BASF) stock is negative.

Basf India 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.