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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 2024-10-10 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 6548

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	220.88	219.80	224.77	218.35	0.713 times
09 Wed Oct 2024	218.69	226.25	226.25	218.00	0.882 times
08 Tue Oct 2024	221.83	214.02	222.73	213.50	0.772 times
07 Mon Oct 2024	214.02	220.90	226.35	212.00	0.731 times
04 Fri Oct 2024	220.90	224.10	230.00	218.11	2.985 times
03 Thu Oct 2024	222.92	226.45	229.79	220.50	1.332 times
01 Tue Oct 2024	226.70	224.50	227.40	223.81	0.65 times
30 Mon Sep 2024	223.32	222.50	226.99	222.00	0.39 times
27 Fri Sep 2024	224.58	223.83	228.89	221.79	0.576 times
26 Thu Sep 2024	223.09	222.36	229.50	222.00	0.838 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 220.4 as stoploss in an intra day buy trade for a target of 224.5. However, stock will show a bearish move below 220.4.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	194.50
Downside Target	212.00
Upside Target	230.00
Upside Target	236.50
Upside Target	240.00
Upside Target	241.45
Upside Target	245.00
Upside Target	247.00
Upside Target	256.49
Upside Target	260.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	213.14
Downside Intraday Target	205.39
Upside Intraday Target	227.49
Upside Intraday Target	234.09
Downside Intraday Target	219.74

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	220.88	220.90	226.35	212.00	0.578 times
04 Fri Oct 2024	220.90	222.50	230.00	218.11	0.64 times
27 Fri Sep 2024	224.58	230.50	236.50	221.20	0.663 times
20 Fri Sep 2024	229.32	229.20	240.00	216.51	0.935 times
13 Fri Sep 2024	228.00	240.00	241.45	225.62	0.962 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
10 Thu Oct 2024	220.88	224.50	230.00	212.00	0.165 times
30 Mon Sep 2024	223.32	235.46	247.00	216.51	1.567 times
30 Fri Aug 2024	235.46	240.00	245.00	222.42	0.242 times
31 Wed Jul 2024	238.77	248.35	260.00	215.00	1.03 times

Scroll below to view daily charts

Price has moved down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) based on a short 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.

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) based on a short to mid 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.

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) 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 Reliance Chemotex stock for short term is SELL. Signal strength is Strong 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. 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 moving up

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

RSI is generating a BUY signal in short term but buying 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 221.42 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.