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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 2024-02-08 View latest technical analysis

10 day averaged volume of Basf India is 18492

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	3173.75	3174.25	3190.10	3150.00	0.657 times
07 Wed Feb 2024	3174.25	3175.95	3199.95	3151.50	1.191 times
06 Tue Feb 2024	3174.75	3162.00	3235.00	3134.05	1.806 times
05 Mon Feb 2024	3144.85	3006.00	3350.00	3006.00	2.025 times
02 Fri Feb 2024	3054.55	3045.00	3067.90	2997.80	0.749 times
01 Thu Feb 2024	3045.70	3079.00	3079.00	3012.05	0.485 times
31 Wed Jan 2024	3037.70	2981.90	3061.95	2967.90	0.96 times
30 Tue Jan 2024	2960.85	2965.00	2985.00	2926.25	0.609 times
29 Mon Jan 2024	2975.15	2970.00	2991.40	2952.00	0.415 times
25 Thu Jan 2024	2968.80	2968.00	2982.85	2932.00	0.446 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3196.1, for a target of 3104.2 or 3027.58

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
Downside Target	3047.00
Downside Target	3079.00
Downside Target	3089.90
Downside Target	3095.85
Upside Target	3178.00
Upside Target	3198.00
Upside Target	3350.00

Intraday share price targets for Basf India (BASF)

Target Type	Value
Downside Intraday Target	3003.17
Downside Intraday Target	2832.58
Upside Intraday Target	3347.17
Upside Intraday Target	3520.58
Upside Intraday Target	3176.58

Weekly technical analysis of Basf India (BASF)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	3173.75	3006.00	3350.00	3006.00	1.766 times
02 Fri Feb 2024	3054.55	2970.00	3079.00	2926.25	1.076 times
25 Thu Jan 2024	2968.80	3020.00	3047.00	2898.00	0.754 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Basf India (BASF)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	3173.75	3079.00	3350.00	2997.80	0.399 times
31 Wed Jan 2024	3037.70	3051.30	3095.85	2868.00	0.474 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

Scroll below to view daily charts

Price has moved up 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Basf India in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 3105.1 and Basf India (BASF) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.