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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 2024-03-07 View latest technical analysis

10 day averaged volume of Basf India is 11957

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	3222.95	3172.30	3284.00	3161.15	2.035 times
06 Wed Mar 2024	3192.55	3222.05	3222.05	3111.60	2.022 times
05 Tue Mar 2024	3222.20	3263.15	3279.40	3211.35	0.855 times
04 Mon Mar 2024	3263.15	3305.00	3379.20	3255.00	0.846 times
02 Sat Mar 2024	3313.10	3334.70	3340.85	3299.95	0.102 times
01 Fri Mar 2024	3315.45	3294.00	3349.50	3285.00	1.391 times
29 Thu Feb 2024	3299.40	3300.00	3309.95	3260.00	1.295 times
28 Wed Feb 2024	3305.50	3330.00	3343.05	3240.00	1.29 times
27 Tue Feb 2024	3318.00	3320.00	3329.50	3282.00	0.518 times
26 Mon Feb 2024	3319.50	3265.00	3338.00	3265.00	0.895 times

Stock of Basf India (BASF) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3249.7, but if it comes above 3249.7, then a intra day buy could be more profitable.
If you take a sell trade below 3249.7, then use 3249.7 as stoploss and 3189.6 as target. However if you take a buy trade in stock , then use 3249.7 as stoploss and 3299.7 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	3096.63
Downside Intraday Target	2970.32
Upside Intraday Target	3364.23
Upside Intraday Target	3505.52
Upside Intraday Target	3237.92

Weekly technical analysis of Basf India (BASF)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	3222.95	3305.00	3379.20	3111.60	1.049 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
07 Thu Mar 2024	3222.95	3294.00	3379.20	3111.60	0.127 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 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 Basf India ( (BASF) ) 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Basf India 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 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 3263.03 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.