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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 2024-08-09 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1847525

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	79.71	79.45	81.75	79.00	0.503 times
08 Thu Aug 2024	78.97	78.00	81.56	77.99	0.518 times
07 Wed Aug 2024	78.30	77.95	78.88	76.69	0.291 times
06 Tue Aug 2024	76.84	78.05	80.70	76.20	0.431 times
05 Mon Aug 2024	77.63	81.10	81.18	77.01	0.643 times
02 Fri Aug 2024	83.07	79.69	84.38	79.35	1 times
01 Thu Aug 2024	80.86	83.00	83.37	80.53	0.413 times
31 Wed Jul 2024	82.83	81.97	84.99	81.96	1.101 times
30 Tue Jul 2024	81.56	81.25	82.97	81.10	0.47 times
29 Mon Jul 2024	81.28	83.00	84.20	80.88	0.947 times

My analysis of stock is bullish for shortterm, and stock might move up till 81.2 or till 84.7. Use a stoploss of 78.28 and if this stock hits its stoploss, then it can fall down till 75.34

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
Downside Target	79.35
Upside Target	81.75
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	76.69
Downside Intraday Target	73.67
Upside Intraday Target	82.24
Upside Intraday Target	84.77
Downside Intraday Target	79.22

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	79.71	81.10	81.75	76.20	0.607 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
09 Fri Aug 2024	79.71	83.00	84.38	76.20	0.281 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is gaining momentum.

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

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

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 weakening, and bulls are picking up momentum!

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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bodal Chemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 80.7 and Bodal Chemicals (BODALCHEM) 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 Bodal Chemicals (BODALCHEM) stock. Volume based technical analysis of Bodal Chemicals (BODALCHEM) stock is negative.

Bodal Chemicals 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.