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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 2024-04-15 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 86506

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	212.25	213.00	232.85	207.55	0.791 times
12 Fri Apr 2024	237.85	237.15	242.00	232.40	0.333 times
10 Wed Apr 2024	237.15	228.25	242.90	228.25	0.283 times
09 Tue Apr 2024	241.10	239.60	244.90	231.05	0.499 times
08 Mon Apr 2024	238.35	235.00	240.95	230.05	0.627 times
05 Fri Apr 2024	229.35	239.80	247.00	227.05	0.653 times
04 Thu Apr 2024	237.30	238.00	252.00	234.00	2.282 times
03 Wed Apr 2024	230.80	206.75	241.10	200.05	4.188 times
02 Tue Apr 2024	200.95	205.00	207.00	185.35	0.632 times
01 Mon Apr 2024	197.25	201.00	204.00	195.25	0.279 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 205.2 as stoploss in an intra day buy trade for a target of 251.09. However, stock will show a bearish move below 205.2.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	182.00
Downside Target	207.55
Upside Target	215.95
Upside Target	228.25
Upside Target	232.85
Upside Target	239.00
Upside Target	252.00
Upside Target	276.50
Upside Target	295.35
Upside Target	298.00
Upside Target	321.00
Upside Target	349.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	202.25
Downside Intraday Target	192.25
Upside Intraday Target	227.55
Upside Intraday Target	242.85
Upside Intraday Target	217.55

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	212.25	213.00	232.85	207.55	0.454 times
12 Fri Apr 2024	237.85	235.00	244.90	228.25	0.217 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

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 Reliance Chemotex (RELCHEMQ)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	212.25	201.00	252.00	185.35	4.317 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 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 Reliance Chemotex ( (RELCHEMQ) ) based on a short to mid 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 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 Strong and stock is gaining momentum.

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

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 tired and bears 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 and SELL 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 229.38 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 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.