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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 2024-08-07 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1814026

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	78.30	77.95	78.88	76.69	0.296 times
06 Tue Aug 2024	76.84	78.05	80.70	76.20	0.439 times
05 Mon Aug 2024	77.63	81.10	81.18	77.01	0.655 times
02 Fri Aug 2024	83.07	79.69	84.38	79.35	1.018 times
01 Thu Aug 2024	80.86	83.00	83.37	80.53	0.42 times
31 Wed Jul 2024	82.83	81.97	84.99	81.96	1.121 times
30 Tue Jul 2024	81.56	81.25	82.97	81.10	0.478 times
29 Mon Jul 2024	81.28	83.00	84.20	80.88	0.964 times
26 Fri Jul 2024	82.17	77.25	84.90	77.01	4.264 times
25 Thu Jul 2024	76.62	74.73	77.75	74.00	0.454 times

My analysis of stock is bearish for shortterm, and stock might move down till 75.4 or till 71.8. Use a stoploss of 78.33 and if the stock hits stoploss, then it can shoot up till 81.29

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	65.80
Downside Target	70.50
Downside Target	73.32
Downside Target	76.20
Upside Target	79.35
Upside Target	82.50
Upside Target	82.85
Upside Target	84.38
Upside Target	84.90
Upside Target	84.99
Upside Target	87.20

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	75.94
Downside Intraday Target	73.58
Upside Intraday Target	80.92
Upside Intraday Target	83.54
Upside Intraday Target	78.56

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	78.30	81.10	81.18	76.20	0.347 times
02 Fri Aug 2024	83.07	83.00	84.99	79.35	0.699 times
26 Fri Jul 2024	82.17	73.44	84.90	71.05	4.64 times
19 Fri Jul 2024	73.71	78.65	79.37	73.32	0.441 times
12 Fri Jul 2024	78.24	78.50	82.50	77.52	1.943 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 Bodal Chemicals (BODALCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	78.30	83.00	84.38	76.20	0.206 times
31 Wed Jul 2024	82.83	77.48	84.99	71.05	1.604 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

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 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 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 Bodal Chemicals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Bodal Chemicals 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 81.28 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 negative.

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