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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 2024-06-14 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 18693

Date	Daily Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	217.84	224.20	224.20	216.51	0.987 times
13 Thu Jun 2024	222.30	215.00	224.90	212.16	1.681 times
12 Wed Jun 2024	211.35	212.00	215.13	210.47	0.497 times
11 Tue Jun 2024	211.48	215.90	215.90	210.00	0.405 times
10 Mon Jun 2024	211.96	215.80	217.85	210.00	0.414 times
07 Fri Jun 2024	211.55	213.90	213.95	205.30	0.807 times
06 Thu Jun 2024	208.60	206.60	214.95	202.70	0.979 times
05 Wed Jun 2024	202.50	198.80	208.95	198.80	1.107 times
04 Tue Jun 2024	198.75	212.90	218.00	194.50	1.502 times
03 Mon Jun 2024	212.90	213.05	218.00	209.95	1.408 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 215.7, but if it comes below 215.7, then a intra day sell could be more profitable.
If you take a sell trade below 215.7, then use 215.7 as stoploss and 209.43 as target. However if you take a buy trade in stock , then use 215.7 as stoploss and 223.1 as target.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	182.00
Downside Target	194.50
Downside Target	202.55
Downside Target	210.00
Downside Target	214.85
Upside Target	224.90
Upside Target	240.00
Upside Target	252.00
Upside Target	276.50
Upside Target	349.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	210.26
Downside Intraday Target	202.68
Upside Intraday Target	225.16
Upside Intraday Target	232.48
Downside Intraday Target	217.58

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	217.84	215.80	224.90	210.00	0.687 times
07 Fri Jun 2024	211.55	213.05	218.00	194.50	0.667 times
31 Fri May 2024	209.90	220.00	220.00	202.55	0.375 times
24 Fri May 2024	216.00	205.45	240.00	197.00	4.87 times
18 Sat May 2024	201.65	213.00	214.85	197.00	1.177 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
14 Fri Jun 2024	217.84	213.05	224.90	194.50	0.234 times
31 Fri May 2024	209.90	226.90	240.00	197.00	0.668 times
30 Tue Apr 2024	226.90	201.00	252.00	185.35	5.525 times
28 Thu Mar 2024	194.05	195.25	215.95	182.00	0.205 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Reliance Chemotex 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.

Reliance Chemotex 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 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 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 210.95 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 rising upwards.

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.