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(KOTHARIPET) Kothari Petrochemicals complete technical analysis [charts+indicators] | Buy/Sell Kothari Petrochemicals | (KOTHARIPET) share price targets

Complete technical analysis of Kothari Petrochemicals (KOTHARIPET) by charts plus indicators, forecast predictions and share price targets for Kothari Petrochemicals (KOTHARIPET)

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Kothari Petrochemicals is 71284

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	129.95	129.50	131.50	128.30	0.844 times
01 Mon Apr 2024	127.80	124.70	131.10	122.85	0.785 times
28 Thu Mar 2024	122.25	124.00	125.40	120.05	1.411 times
27 Wed Mar 2024	120.50	120.25	127.95	118.95	2.825 times
26 Tue Mar 2024	118.90	122.40	124.50	118.00	1.168 times
22 Fri Mar 2024	123.10	124.00	125.40	122.15	0.647 times
21 Thu Mar 2024	122.30	120.15	123.15	120.15	0.546 times
20 Wed Mar 2024	119.60	120.20	122.35	119.00	0.443 times
19 Tue Mar 2024	121.20	121.60	122.25	120.65	0.653 times
18 Mon Mar 2024	121.60	119.10	124.00	116.60	0.636 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 130 as stoploss in an intra day sell trade for a target of 124.06. However, stock will show a bullish move above 130.

Share price targets for Kothari Petrochemicals (KOTHARIPET)

Target Type	Value
Downside Target	108.15
Downside Target	114.30
Downside Target	116.60
Downside Target	122.85
Downside Target	125.40
Upside Target	131.50
Upside Target	137.80
Upside Target	137.90
Upside Target	141.75
Upside Target	142.45
Upside Target	156.95
Upside Target	166.30
Upside Target	170.00

Intraday share price targets for Kothari Petrochemicals (KOTHARIPET)

Target Type	Value
Downside Intraday Target	124.7
Downside Intraday Target	119.45
Upside Intraday Target	133.35
Upside Intraday Target	136.75
Downside Intraday Target	128.1

Weekly technical analysis of Kothari Petrochemicals (KOTHARIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	129.95	124.70	131.50	122.85	0.302 times
28 Thu Mar 2024	122.25	122.40	127.95	118.00	1.848 times
22 Fri Mar 2024	123.10	119.10	125.40	116.60	0.348 times
15 Fri Mar 2024	120.15	128.40	133.15	108.15	2.819 times
07 Thu Mar 2024	128.20	136.15	137.90	126.00	0.29 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 Kothari Petrochemicals (KOTHARIPET)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	129.95	124.70	131.50	122.85	0.075 times
28 Thu Mar 2024	122.25	135.95	141.75	108.15	0.542 times
29 Thu Feb 2024	133.65	151.00	156.95	114.30	0.662 times
31 Wed Jan 2024	148.20	146.50	166.30	142.45	1.261 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 Kothari Petrochemicals (KOTHARIPET)

Price action analysis of Kothari Petrochemicals ( (KOTHARIPET) ) 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 Kothari Petrochemicals ( (KOTHARIPET) ) 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 Kothari Petrochemicals ( (KOTHARIPET) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Kothari Petrochemicals ( (KOTHARIPET) ) 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 Kothari Petrochemicals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Kothari Petrochemicals 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.

Kothari Petrochemicals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Kothari Petrochemicals 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Kothari Petrochemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 122.28 and Kothari Petrochemicals (KOTHARIPET) 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 Kothari Petrochemicals (KOTHARIPET) stock. Volume based technical analysis of Kothari Petrochemicals (KOTHARIPET) stock is negative.

Kothari Petrochemicals 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.