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(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)

Bodal Chemicals trades in NSE in Commodity Chemicals sector.

Showing technical analysis as on 2024-07-02 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1002770

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	78.80	78.48	80.00	77.48	0.602 times
01 Mon Jul 2024	78.06	77.48	78.53	77.01	0.439 times
28 Fri Jun 2024	77.10	78.14	78.60	76.78	0.373 times
27 Thu Jun 2024	77.68	79.47	80.50	77.05	0.51 times
26 Wed Jun 2024	80.14	78.90	82.55	78.49	1.221 times
25 Tue Jun 2024	79.16	79.29	81.39	78.90	0.509 times
24 Mon Jun 2024	79.29	79.41	80.45	78.29	0.518 times
21 Fri Jun 2024	79.88	82.00	82.85	79.50	1.18 times
20 Thu Jun 2024	81.28	77.25	82.05	77.25	3.574 times
19 Wed Jun 2024	77.24	76.74	79.50	76.50	1.194 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 79.8 as stoploss in an intra day sell trade for a target of 76.24. However, stock will show a bullish move above 79.8.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	65.80
Downside Target	70.50
Downside Target	72.60
Upside Target	79.50
Upside Target	79.80
Upside Target	80.00
Upside Target	82.55
Upside Target	82.85
Upside Target	87.20
Upside Target	100.95

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	77.21
Downside Intraday Target	75.61
Upside Intraday Target	80.2
Upside Intraday Target	81.59
Downside Intraday Target	78.6

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	78.80	77.48	80.00	77.01	0.332 times
28 Fri Jun 2024	77.10	79.41	82.55	76.78	0.487 times
21 Fri Jun 2024	79.88	78.35	82.85	75.95	1.608 times
14 Fri Jun 2024	77.97	72.90	79.50	72.80	2.046 times
07 Fri Jun 2024	72.35	73.50	73.95	65.80	1.034 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
02 Tue Jul 2024	78.80	77.48	80.00	77.01	0.067 times
28 Fri Jun 2024	77.10	73.50	82.85	65.80	1.299 times
31 Fri May 2024	70.95	78.20	79.80	70.50	0.564 times
30 Tue Apr 2024	77.80	74.90	87.20	74.70	0.38 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 Bodal Chemicals (BODALCHEM)

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 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 Bodal Chemicals ( (BODALCHEM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bodal Chemicals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bodal Chemicals 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.

Bodal Chemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying 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 79.67 and Bodal Chemicals (BODALCHEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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.