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(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 2024-01-24 View latest technical analysis

10 day averaged volume of Basf India is 13559

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	2968.00	2960.00	3005.00	2920.10	1.794 times
23 Tue Jan 2024	2961.60	3006.05	3014.15	2898.00	1.297 times
22 Mon Jan 2024	2999.15	3020.00	3047.00	2982.05	0.378 times
19 Fri Jan 2024	3014.60	2967.00	3047.00	2962.80	1.255 times
18 Thu Jan 2024	2952.20	2922.00	2964.00	2868.00	0.651 times
17 Wed Jan 2024	2950.00	2964.00	3004.00	2939.90	0.87 times
16 Tue Jan 2024	2962.70	3029.95	3036.20	2933.95	1.052 times
15 Mon Jan 2024	3000.90	2988.70	3019.80	2955.05	1.577 times
12 Fri Jan 2024	2988.70	3040.85	3051.95	2975.00	1.235 times
11 Thu Jan 2024	3043.30	3053.00	3078.35	3037.55	0.789 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2978.4, but if it comes above 2978.4, then a intra day buy could be more profitable.
If you take a sell trade below 2978.4, then use 2978.4 as stoploss and 2926.1 as target. However if you take a buy trade in stock , then use 2978.4 as stoploss and 3021.95 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	2895
Downside Intraday Target	2822
Upside Intraday Target	3044
Upside Intraday Target	3120
Upside Intraday Target	2971

Weekly technical analysis of Basf India (BASF)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	2968.00	3020.00	3047.00	2898.00	0.642 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
24 Wed Jan 2024	2968.00	3051.30	3095.85	2868.00	0.407 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Basf India in short term but BUY signal is weak.

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

Stock of Basf India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2983.35 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 positive

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