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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 2024-04-09 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 97462

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	241.10	239.60	244.90	231.05	0.443 times
08 Mon Apr 2024	238.35	235.00	240.95	230.05	0.556 times
05 Fri Apr 2024	229.35	239.80	247.00	227.05	0.579 times
04 Thu Apr 2024	237.30	238.00	252.00	234.00	2.025 times
03 Wed Apr 2024	230.80	206.75	241.10	200.05	3.718 times
02 Tue Apr 2024	200.95	205.00	207.00	185.35	0.561 times
01 Mon Apr 2024	197.25	201.00	204.00	195.25	0.248 times
28 Thu Mar 2024	194.05	203.50	203.50	192.00	0.199 times
27 Wed Mar 2024	195.30	201.00	204.80	192.05	0.515 times
26 Tue Mar 2024	200.55	195.25	215.95	182.00	1.459 times

My analysis of stock is bearish for shortterm, and stock might move down till 214.1 or till 157.6. Use a stoploss of 261.07 and if the stock hits stoploss, then it can shoot up till 308.08

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	182.00
Downside Target	208.00
Downside Target	215.95
Downside Target	230.05
Downside 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	232.47
Downside Intraday Target	223.83
Upside Intraday Target	247.32
Upside Intraday Target	253.53
Downside Intraday Target	238.68

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	241.10	235.00	244.90	230.05	0.14 times
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

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 Reliance Chemotex (RELCHEMQ)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	241.10	201.00	252.00	185.35	3.743 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 losing 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. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Reliance Chemotex 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 Reliance Chemotex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 223.65 and Reliance Chemotex (RELCHEMQ) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.