Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-01-29 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 985050

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	80.20	81.55	82.20	79.75	0.467 times
25 Thu Jan 2024	80.90	79.80	82.05	79.50	0.51 times
24 Wed Jan 2024	79.30	79.25	79.95	78.05	0.581 times
23 Tue Jan 2024	78.85	82.75	83.80	78.20	0.658 times
22 Mon Jan 2024	82.35	81.60	83.55	81.60	0.762 times
19 Fri Jan 2024	81.20	81.45	82.70	80.00	0.717 times
18 Thu Jan 2024	80.90	81.65	82.90	79.80	1.036 times
17 Wed Jan 2024	82.25	82.55	83.80	82.05	0.547 times
16 Tue Jan 2024	83.80	86.55	86.60	82.90	0.838 times
15 Mon Jan 2024	86.25	85.70	87.10	84.10	0.967 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 80.6, but if it comes above 80.6, then a intra day buy could be more profitable.
If you take a sell trade below 80.6, then use 80.6 as stoploss and 78.3 as target. However if you take a buy trade in stock , then use 80.6 as stoploss and 82.52 as target.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	70.55
Downside Target	72.75
Downside Target	77.50
Upside Target	83.80
Upside Target	84.35
Upside Target	85.95
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	79.23
Downside Intraday Target	78.27
Upside Intraday Target	81.68
Upside Intraday Target	83.17
Upside Intraday Target	80.72

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	80.20	81.55	82.20	79.75	0.186 times
25 Thu Jan 2024	80.90	81.60	83.80	78.05	0.612 times
19 Fri Jan 2024	81.20	85.70	87.10	79.80	0.494 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

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
29 Mon Jan 2024	80.20	82.70	89.40	78.05	0.982 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 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 Bodal Chemicals (BODALCHEM)

Price action analysis of Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals ( (BODALCHEM) ) 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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Bodal Chemicals in short term but the sell signal is initial and weak.

Bodal Chemicals 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 coming down

CCI has generated a SELL signal for Bodal Chemicals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bodal Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 81.9 and Bodal Chemicals (BODALCHEM) 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 Bodal Chemicals (BODALCHEM) stock. Volume based technical analysis of Bodal Chemicals (BODALCHEM) stock is negative.

Bodal Chemicals 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.