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(RELCHEMQ) Reliance Chemotex complete technical analysis [charts+indicators] | Buy/Sell Reliance Chemotex | (RELCHEMQ) share price targets

Complete technical analysis of Reliance Chemotex (RELCHEMQ) by charts plus indicators, forecast predictions and share price targets for Reliance Chemotex (RELCHEMQ)

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 122863

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	229.35	239.80	247.00	227.05	0.46 times
04 Thu Apr 2024	237.30	238.00	252.00	234.00	1.607 times
03 Wed Apr 2024	230.80	206.75	241.10	200.05	2.949 times
02 Tue Apr 2024	200.95	205.00	207.00	185.35	0.445 times
01 Mon Apr 2024	197.25	201.00	204.00	195.25	0.197 times
28 Thu Mar 2024	194.05	203.50	203.50	192.00	0.158 times
27 Wed Mar 2024	195.30	201.00	204.80	192.05	0.408 times
26 Tue Mar 2024	200.55	195.25	215.95	182.00	1.157 times
18 Mon Dec 2023	312.70	321.00	321.00	307.45	0.111 times
15 Fri Dec 2023	318.55	323.10	328.40	311.00	0.653 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 218.9 as stoploss in an intra day buy trade for a target of 266.09. However, stock will show a bearish move below 218.9.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	182.00
Downside Target	208.00
Downside Target	215.95
Upside Target	239.00
Upside Target	252.00
Upside Target	276.50
Upside Target	287.00
Upside Target	295.35
Upside Target	298.00
Upside Target	305.00
Upside Target	321.00
Upside Target	349.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	192.47
Downside Intraday Target	155.58
Upside Intraday Target	259.12
Upside Intraday Target	288.88
Downside Intraday Target	222.23

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	229.35	201.00	252.00	185.35	3.083 times
28 Thu Mar 2024	194.05	321.00	321.00	182.00	0.411 times
15 Fri Dec 2023	318.55	304.70	349.00	298.00	1.404 times
08 Fri Dec 2023	302.60	296.00	305.00	287.00	1.576 times
01 Fri Dec 2023	285.05	283.00	295.35	276.50	0.614 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 Reliance Chemotex (RELCHEMQ)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	229.35	201.00	252.00	185.35	3.283 times
28 Thu Mar 2024	194.05	195.25	215.95	182.00	0.205 times
18 Mon Dec 2023	312.70	283.80	349.00	276.50	0.488 times
30 Thu Nov 2023	282.35	239.00	295.35	239.00	2.199 times

Scroll below to view daily charts

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

Indicators analysis of Reliance Chemotex (RELCHEMQ)

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) 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 Reliance Chemotex ( (RELCHEMQ) ) 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 Reliance Chemotex ( (RELCHEMQ) ) 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 Reliance Chemotex stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Reliance Chemotex in short term and the sell signal is strong.

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

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

CCI has generated a SELL signal for Reliance Chemotex in short term but SELL signal is weak.

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 Reliance Chemotex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 230.92 and Reliance Chemotex (RELCHEMQ) 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 Reliance Chemotex (RELCHEMQ) stock. Volume based technical analysis of Reliance Chemotex (RELCHEMQ) stock is negative.

Reliance Chemotex Stock has given negative 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.