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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 2024-10-29 View latest technical analysis

10 day averaged volume of Basf India is 31201

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	7290.50	7315.00	7384.95	7190.05	0.298 times
28 Mon Oct 2024	7310.35	6978.20	7384.65	6962.35	0.768 times
25 Fri Oct 2024	7106.45	7401.40	7418.85	6830.60	1.053 times
24 Thu Oct 2024	7401.40	7599.00	7677.90	7376.00	0.418 times
23 Wed Oct 2024	7599.00	7294.95	7693.70	7218.45	0.878 times
22 Tue Oct 2024	7292.80	7740.00	7747.05	7255.10	1.113 times
21 Mon Oct 2024	7717.35	8020.00	8112.15	7682.75	0.778 times
18 Fri Oct 2024	8018.85	8216.00	8255.55	7952.20	1.036 times
17 Thu Oct 2024	8252.45	8360.80	8450.00	8150.50	0.895 times
16 Wed Oct 2024	8314.70	8553.85	8699.00	8291.20	0.963 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7492.1, but if it comes above 7492.1, then a intra day buy could be more profitable.
If you take a sell trade below 7492.1, then use 7492.1 as stoploss and 6969.3 as target. However if you take a buy trade in stock , then use 7492.1 as stoploss and 7927.72 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	7384.95
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	7040.25
Downside Intraday Target	6790
Upside Intraday Target	7462.85
Upside Intraday Target	7635.2
Downside Intraday Target	7212.6

Weekly technical analysis of Basf India (BASF)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	7290.50	6978.20	7384.95	6962.35	0.251 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
29 Tue Oct 2024	7290.50	7386.40	8750.00	6830.60	2.447 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 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 red color and prices are below the red cloud Prices appear to be coming down

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Basf India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7665.46 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.