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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 2024-11-12 View latest technical analysis

10 day averaged volume of Basf India is 34754

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	6702.75	7872.25	8074.65	6555.00	4.7 times
11 Mon Nov 2024	7865.90	8080.05	8159.95	7780.00	0.778 times
08 Fri Nov 2024	8162.25	8434.25	8434.25	8111.70	0.436 times
07 Thu Nov 2024	8329.00	8390.00	8391.95	8129.85	1.012 times
06 Wed Nov 2024	8273.20	8380.30	8499.00	8255.00	0.618 times
05 Tue Nov 2024	8337.75	8299.00	8508.95	8166.90	2.15 times
04 Mon Nov 2024	8288.40	8350.00	8499.00	8101.00	1.864 times
01 Fri Nov 2024	8310.30	7840.00	8393.60	7700.00	1.375 times
31 Thu Oct 2024	7658.20	7293.00	7700.00	7250.00	1.106 times
30 Wed Oct 2024	7264.50	7341.00	7447.00	7235.00	0.393 times

Stock of Basf India (BASF) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6687.3, for a target of 7280.5 or 7774.81

Share price targets for Basf India (BASF)

Target Type	Value
Downside Target	4991.05
Downside Target	5670.00
Downside Target	6345.00
Upside Target	6830.60
Upside Target	7466.00
Upside Target	7949.90
Upside Target	8112.15
Upside Target	8159.95
Upside Target	8393.60
Upside Target	8508.95
Upside Target	8699.00
Upside Target	8750.00

Intraday share price targets for Basf India (BASF)

Target Type	Value
Downside Intraday Target	6118.52
Downside Intraday Target	5534.28
Upside Intraday Target	7723.47
Upside Intraday Target	8744.18
Upside Intraday Target	7139.23

Weekly technical analysis of Basf India (BASF)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	6702.75	8080.05	8159.95	6555.00	0.901 times
08 Fri Nov 2024	8162.25	8350.00	8508.95	8101.00	1.587 times
01 Fri Nov 2024	8310.30	6978.20	8393.60	6962.35	1.006 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

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
12 Tue Nov 2024	6702.75	7840.00	8508.95	6555.00	0.34 times
31 Thu Oct 2024	7658.20	7386.40	8750.00	6830.60	2.547 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

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 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 short to mid 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 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 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 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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 7680.89 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 negative.

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