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(BODALCHEM) Bodal Chemicals complete technical analysis [charts+indicators] | Buy/Sell Bodal Chemicals | (BODALCHEM) share price targets

Complete technical analysis of Bodal Chemicals (BODALCHEM) by charts plus indicators, forecast predictions and share price targets for Bodal Chemicals (BODALCHEM)

Bodal Chemicals trades in NSE in Commodity Chemicals sector.

Showing technical analysis as on 2024-01-16 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1260427

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	83.80	86.55	86.60	82.90	0.655 times
15 Mon Jan 2024	86.25	85.70	87.10	84.10	0.756 times
12 Fri Jan 2024	85.70	85.60	89.40	85.30	2.645 times
11 Thu Jan 2024	84.95	84.80	85.80	83.85	0.745 times
10 Wed Jan 2024	84.30	82.15	87.15	81.15	2.278 times
09 Tue Jan 2024	82.15	83.00	83.90	81.70	0.301 times
08 Mon Jan 2024	82.75	84.00	84.50	82.05	0.526 times
05 Fri Jan 2024	83.65	84.20	85.00	83.25	0.804 times
04 Thu Jan 2024	83.75	82.20	84.55	81.80	0.628 times
03 Wed Jan 2024	81.80	82.50	83.45	81.55	0.374 times

My analysis of stock is bullish for shortterm, and stock might move up till 84.9 or till 87. Use a stoploss of 83.13 and if this stock hits its stoploss, then it can fall down till 81.38

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	70.55
Downside Target	72.75
Downside Target	77.00
Downside Target	80.60
Upside Target	85.95
Upside Target	86.40
Upside Target	86.80
Upside Target	87.10
Upside Target	89.40
Upside Target	94.35

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	82.1
Downside Intraday Target	80.4
Upside Intraday Target	86.3
Upside Intraday Target	88.8
Upside Intraday Target	84.6

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	83.80	85.70	87.10	82.90	0.217 times
12 Fri Jan 2024	85.70	84.00	89.40	81.15	1.694 times
05 Fri Jan 2024	83.65	82.70	85.95	80.60	0.949 times
29 Fri Dec 2023	82.70	82.05	86.80	81.85	0.754 times
22 Fri Dec 2023	81.65	80.20	86.40	77.00	2.671 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 Bodal Chemicals (BODALCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	83.80	82.70	89.40	80.60	0.727 times
29 Fri Dec 2023	82.70	73.95	86.80	73.95	3.789 times
30 Thu Nov 2023	73.85	74.50	78.25	72.75	0.78 times
31 Tue Oct 2023	74.70	84.35	84.35	70.55	0.277 times

Scroll below to view daily charts

Price has moved up 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 Bodal Chemicals (BODALCHEM)

Price action analysis of Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals ( (BODALCHEM) ) based on a short 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.

Price action analysis of Bodal Chemicals ( (BODALCHEM) ) based on a short to mid 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.

Price action analysis of Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Bodal Chemicals in short term and the buy signal is strong.

Bodal Chemicals 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. Bulls are getting tired and bears are picking up momentum.

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 Bodal Chemicals in short term but SELL 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 Bodal Chemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 84.51 and Bodal Chemicals (BODALCHEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Bodal Chemicals (BODALCHEM) stock. Volume based technical analysis of Bodal Chemicals (BODALCHEM) stock is negative.

Bodal Chemicals Stock is giving positive 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.