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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 2024-10-28 View latest technical analysis

10 day averaged volume of Basf India is 31254

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	7310.35	6978.20	7384.65	6962.35	0.767 times
25 Fri Oct 2024	7106.45	7401.40	7418.85	6830.60	1.052 times
24 Thu Oct 2024	7401.40	7599.00	7677.90	7376.00	0.417 times
23 Wed Oct 2024	7599.00	7294.95	7693.70	7218.45	0.877 times
22 Tue Oct 2024	7292.80	7740.00	7747.05	7255.10	1.112 times
21 Mon Oct 2024	7717.35	8020.00	8112.15	7682.75	0.777 times
18 Fri Oct 2024	8018.85	8216.00	8255.55	7952.20	1.035 times
17 Thu Oct 2024	8252.45	8360.80	8450.00	8150.50	0.893 times
16 Wed Oct 2024	8314.70	8553.85	8699.00	8291.20	0.961 times
15 Tue Oct 2024	8555.70	8090.00	8619.25	8080.15	2.093 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7503.3, but if it comes above 7503.3, then a intra day buy could be more profitable.
If you take a sell trade below 7503.3, then use 7503.3 as stoploss and 6988.3 as target. However if you take a buy trade in stock , then use 7503.3 as stoploss and 7932.46 as target.

Share price targets for Basf India (BASF)

Target Type	Value
Downside Target	3742.95
Downside Target	4991.05
Downside Target	5379.00
Downside Target	5670.00
Downside Target	6345.00
Downside Target	6830.60
Downside Target	7108.15
Upside Target	7384.65
Upside Target	7949.90
Upside Target	8112.15
Upside Target	8246.00
Upside Target	8699.00
Upside Target	8750.00

Intraday share price targets for Basf India (BASF)

Target Type	Value
Downside Intraday Target	7053.58
Downside Intraday Target	6796.82
Upside Intraday Target	7475.88
Upside Intraday Target	7641.42
Downside Intraday Target	7219.12

Weekly technical analysis of Basf India (BASF)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	7310.35	6978.20	7384.65	6962.35	0.181 times
25 Fri Oct 2024	7106.45	8020.00	8112.15	6830.60	0.734 times
18 Fri Oct 2024	8018.85	8225.00	8699.00	7952.20	0.57 times
11 Fri Oct 2024	8168.25	8289.00	8750.00	8011.90	0.472 times
04 Fri Oct 2024	8182.95	7399.00	8246.00	7108.15	5.116 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 Basf India (BASF)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	7310.35	7386.40	8750.00	6830.60	2.429 times
30 Mon Sep 2024	7385.25	6592.60	7466.00	6454.15	0.216 times
30 Fri Aug 2024	6592.60	6292.00	7949.90	5670.00	2.122 times
31 Wed Jul 2024	6238.45	5123.05	6345.00	4991.05	1.096 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Basf India stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

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 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 7863.26 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.