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(BASF) Basf India complete technical analysis [charts+indicators] | Buy/Sell Basf India | (BASF) share price targets

Complete technical analysis of Basf India (BASF) by charts plus indicators, forecast predictions and share price targets for Basf India (BASF)

Basf India trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-03-05 View latest technical analysis

10 day averaged volume of Basf India is 12459

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	3222.20	3263.15	3279.40	3211.35	0.821 times
04 Mon Mar 2024	3263.15	3305.00	3379.20	3255.00	0.812 times
02 Sat Mar 2024	3313.10	3334.70	3340.85	3299.95	0.098 times
01 Fri Mar 2024	3315.45	3294.00	3349.50	3285.00	1.335 times
29 Thu Feb 2024	3299.40	3300.00	3309.95	3260.00	1.243 times
28 Wed Feb 2024	3305.50	3330.00	3343.05	3240.00	1.238 times
27 Tue Feb 2024	3318.00	3320.00	3329.50	3282.00	0.497 times
26 Mon Feb 2024	3319.50	3265.00	3338.00	3265.00	0.859 times
23 Fri Feb 2024	3262.05	3294.00	3324.15	3242.50	0.755 times
22 Thu Feb 2024	3294.45	3255.00	3352.50	3212.00	1.644 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3245.4, but if it comes above 3245.4, then a intra day buy could be more profitable.
If you take a sell trade below 3245.4, then use 3245.4 as stoploss and 3181.9 as target. However if you take a buy trade in stock , then use 3245.4 as stoploss and 3298.27 as target.

Share price targets for Basf India (BASF)

Target Type	Value
Downside Target	2488.10
Downside Target	2868.00
Downside Target	2997.80
Downside Target	3095.85
Upside Target	3240.00
Upside Target	3349.50
Upside Target	3350.00
Upside Target	3379.20
Upside Target	3397.00
Upside Target	3494.25

Intraday share price targets for Basf India (BASF)

Target Type	Value
Downside Intraday Target	3162.63
Downside Intraday Target	3103.07
Upside Intraday Target	3330.48
Upside Intraday Target	3438.77
Upside Intraday Target	3270.92

Weekly technical analysis of Basf India (BASF)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	3222.20	3305.00	3379.20	3211.35	0.31 times
02 Sat Mar 2024	3313.10	3265.00	3349.50	3240.00	0.851 times
23 Fri Feb 2024	3262.05	3370.00	3397.00	3212.00	0.199 times
16 Fri Feb 2024	3367.05	3213.10	3494.25	3146.60	2.638 times
09 Fri Feb 2024	3213.10	3006.00	3350.00	3006.00	2.469 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 Basf India (BASF)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	3222.20	3294.00	3379.20	3211.35	0.056 times
29 Thu Feb 2024	3299.40	3079.00	3494.25	2997.80	2.13 times
31 Wed Jan 2024	3037.70	3051.30	3095.85	2868.00	0.474 times
29 Fri Dec 2023	3066.35	2950.00	3198.00	2900.10	0.731 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 Basf India (BASF)

Price action analysis of Basf India ( (BASF) ) 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 Basf India ( (BASF) ) based on a short to mid 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 Basf India ( (BASF) ) 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 Basf India stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Basf India in short term but the sell signal is initial and weak.

Basf India 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Basf India in short term and SELL signal is strong!

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 Basf India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3291.63 and Basf India (BASF) 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 Basf India (BASF) stock. Volume based technical analysis of Basf India (BASF) stock is negative.

Basf India Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.