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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 2024-02-06 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1260098

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	84.15	84.50	85.95	82.70	0.709 times
05 Mon Feb 2024	84.25	87.00	87.05	83.70	0.602 times
02 Fri Feb 2024	86.70	88.75	91.20	86.10	2.197 times
01 Thu Feb 2024	87.70	87.80	88.55	85.35	1.963 times
31 Wed Jan 2024	86.30	83.75	86.90	83.40	0.973 times
30 Tue Jan 2024	83.55	81.00	85.20	81.00	1.937 times
29 Mon Jan 2024	80.20	81.55	82.20	79.75	0.365 times
25 Thu Jan 2024	80.90	79.80	82.05	79.50	0.399 times
24 Wed Jan 2024	79.30	79.25	79.95	78.05	0.454 times
23 Tue Jan 2024	78.85	82.75	83.80	78.20	0.514 times

My analysis of stock is bullish for shortterm, and stock might move up till 85.8 or till 88.8. Use a stoploss of 83.29 and if this stock hits its stoploss, then it can fall down till 80.79

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	70.55
Downside Target	72.75
Downside Target	78.05
Upside Target	84.35
Upside Target	86.80
Upside Target	87.05
Upside Target	87.10
Upside Target	89.40
Upside Target	91.20

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	82.22
Downside Intraday Target	80.28
Upside Intraday Target	86.57
Upside Intraday Target	88.98
Upside Intraday Target	84.63

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	84.15	87.00	87.05	82.70	0.176 times
02 Fri Feb 2024	86.70	81.55	91.20	79.75	3.788 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

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
06 Tue Feb 2024	84.15	87.80	91.20	82.70	0.291 times
31 Wed Jan 2024	86.30	82.70	89.40	78.05	1.163 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

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 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 Weak 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 and the buying is gaining 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 84.73 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.