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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 2024-06-04 View latest technical analysis

10 day averaged volume of Basf India is 38378

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	3914.60	4347.85	4347.85	3742.95	1.379 times
03 Mon Jun 2024	4347.85	4350.00	4399.10	4269.00	0.594 times
31 Fri May 2024	4271.20	4322.85	4344.95	4212.00	1.173 times
30 Thu May 2024	4289.65	4360.00	4388.95	4213.25	0.877 times
29 Wed May 2024	4362.90	4359.90	4395.00	4302.25	0.529 times
28 Tue May 2024	4365.05	4450.30	4470.00	4340.10	0.883 times
27 Mon May 2024	4450.30	4430.00	4489.90	4352.05	1.472 times
24 Fri May 2024	4429.70	4355.65	4448.30	4281.00	1.1 times
23 Thu May 2024	4327.75	4368.05	4413.05	4283.00	0.705 times
22 Wed May 2024	4356.35	4550.00	4643.80	4323.25	1.683 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3923.3, for a target of 4164.2 or 4364.9

Share price targets for Basf India (BASF)

Target Type	Value
Downside Target	2997.80
Downside Target	3100.05
Downside Target	3349.95
Downside Target	3494.25
Downside Target	3725.75
Downside Target	3846.85
Upside Target	3956.45
Upside Target	4212.00
Upside Target	4377.00
Upside Target	4399.10
Upside Target	4489.90
Upside Target	4650.00
Upside Target	4739.40

Intraday share price targets for Basf India (BASF)

Target Type	Value
Downside Intraday Target	3638.67
Downside Intraday Target	3362.73
Upside Intraday Target	4294.82
Upside Intraday Target	4675.03
Upside Intraday Target	4018.88

Weekly technical analysis of Basf India (BASF)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	3914.60	4350.00	4399.10	3742.95	0.4 times
31 Fri May 2024	4271.20	4430.00	4489.90	4212.00	1.103 times
24 Fri May 2024	4429.70	4650.00	4650.00	4281.00	0.225 times
18 Sat May 2024	4632.50	4273.75	4739.40	4025.00	2.613 times
10 Fri May 2024	4223.00	4062.50	4377.00	3956.45	1.312 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
04 Tue Jun 2024	3914.60	4350.00	4399.10	3742.95	0.047 times
31 Fri May 2024	4271.20	3780.00	4739.40	3725.75	2.09 times
30 Tue Apr 2024	3736.65	3349.95	3846.85	3349.95	2.52 times
28 Thu Mar 2024	3337.05	3294.00	3379.20	3100.05	0.445 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 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 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 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 green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 4302.24 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.