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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 2024-11-12 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 278842

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	74.61	76.70	77.30	74.10	0.605 times
11 Mon Nov 2024	75.83	77.01	77.08	75.60	0.572 times
08 Fri Nov 2024	77.01	78.40	78.50	76.66	0.883 times
07 Thu Nov 2024	78.23	80.10	80.87	77.53	1.304 times
06 Wed Nov 2024	79.80	76.99	80.55	76.99	1.918 times
05 Tue Nov 2024	76.65	75.84	77.30	75.55	0.689 times
04 Mon Nov 2024	75.89	78.80	78.80	75.01	0.968 times
01 Fri Nov 2024	78.12	77.49	78.90	77.05	0.417 times
31 Thu Oct 2024	77.17	76.80	78.20	76.18	0.546 times
30 Wed Oct 2024	76.75	74.35	77.53	74.11	1.299 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 74.8, but if it comes above 74.8, then a intra day buy could be more profitable.
If you take a sell trade below 74.8, then use 74.8 as stoploss and 71.4 as target. However if you take a buy trade in stock , then use 74.8 as stoploss and 77.69 as target.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	71.05
Upside Target	77.30
Upside Target	79.63
Upside Target	80.87
Upside Target	83.78
Upside Target	84.99
Upside Target	86.00
Upside Target	87.65
Upside Target	87.85

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	73.37
Downside Intraday Target	72.14
Upside Intraday Target	76.57
Upside Intraday Target	78.54
Upside Intraday Target	75.34

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	74.61	77.01	77.30	74.10	0.204 times
08 Fri Nov 2024	77.01	78.80	80.87	75.01	1.22 times
01 Fri Nov 2024	78.12	75.00	78.90	73.21	0.499 times
25 Fri Oct 2024	73.98	82.50	83.78	72.40	0.502 times
18 Fri Oct 2024	82.37	83.01	87.65	79.63	1.42 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
12 Tue Nov 2024	74.61	77.49	80.87	74.10	0.131 times
31 Thu Oct 2024	77.17	81.53	87.65	72.40	0.729 times
30 Mon Sep 2024	81.24	82.40	87.85	78.25	0.924 times
30 Fri Aug 2024	81.49	83.00	86.00	73.02	0.929 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 mid to longer 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.

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

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

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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bodal Chemicals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 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 77.41 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.