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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 2024-12-06 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 310659

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	76.04	75.66	78.01	75.66	1.357 times
05 Thu Dec 2024	75.65	76.64	78.70	74.66	2.443 times
04 Wed Dec 2024	76.17	75.70	76.78	75.05	1.15 times
03 Tue Dec 2024	75.26	74.25	75.58	74.25	0.817 times
02 Mon Dec 2024	74.13	74.45	74.99	72.87	0.822 times
29 Fri Nov 2024	73.78	73.05	74.60	72.50	1.007 times
28 Thu Nov 2024	72.73	73.11	74.64	72.01	0.83 times
27 Wed Nov 2024	72.82	72.75	73.69	71.00	0.734 times
26 Tue Nov 2024	72.69	72.11	73.80	72.00	0.728 times
25 Mon Nov 2024	72.08	72.05	72.95	71.27	0.965 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 76, but if it comes below 76, then a intra day sell could be more profitable.
If you take a sell trade below 76, then use 76 as stoploss and 73.82 as target. However if you take a buy trade in stock , then use 76 as stoploss and 78.5 as target.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	70.01
Downside Target	74.64
Upside Target	77.30
Upside Target	78.25
Upside Target	78.70
Upside Target	80.87
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	73.04
Downside Intraday Target	70.04
Upside Intraday Target	78.87
Upside Intraday Target	81.7
Downside Intraday Target	75.87

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	76.04	74.45	78.70	72.87	1.545 times
29 Fri Nov 2024	73.78	72.05	74.64	71.00	1.356 times
22 Fri Nov 2024	71.20	72.10	73.00	70.01	0.684 times
14 Thu Nov 2024	71.43	77.01	77.30	70.20	0.889 times
08 Fri Nov 2024	77.01	78.80	80.87	75.01	1.22 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	76.04	74.45	78.70	72.87	0.375 times
29 Fri Nov 2024	73.78	77.49	80.87	70.01	0.349 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

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

MACD generated a BUY signal for Bodal Chemicals in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bodal Chemicals in short term and BUY signal is strong.

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

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 74.51 and Bodal Chemicals (BODALCHEM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.