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 2024-06-10 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 385705

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	73.74	72.90	74.74	72.80	1.299 times
07 Fri Jun 2024	72.35	71.90	73.15	71.40	0.711 times
06 Thu Jun 2024	71.35	70.20	73.95	70.20	1.335 times
05 Wed Jun 2024	69.95	68.75	70.30	66.10	0.606 times
04 Tue Jun 2024	67.40	71.15	71.85	65.80	1.44 times
03 Mon Jun 2024	71.10	73.50	73.50	70.50	0.99 times
31 Fri May 2024	70.95	71.80	72.50	70.50	0.742 times
30 Thu May 2024	71.35	71.80	72.65	71.05	0.539 times
29 Wed May 2024	72.00	72.30	72.60	71.55	0.599 times
28 Tue May 2024	72.75	73.05	73.80	72.15	0.936 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 74.2 as stoploss in an intra day sell trade for a target of 72.45. However, stock will show a bullish move above 74.2.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	65.80
Downside Target	70.50
Downside Target	72.15
Upside Target	74.74
Upside Target	75.15
Upside Target	77.20
Upside Target	79.80
Upside Target	87.20
Upside Target	91.20
Upside Target	100.95

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	72.78
Downside Intraday Target	71.82
Upside Intraday Target	74.72
Upside Intraday Target	75.7
Upside Intraday Target	73.76

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	73.74	72.90	74.74	72.80	0.256 times
07 Fri Jun 2024	72.35	73.50	73.95	65.80	1.034 times
31 Fri May 2024	70.95	76.90	77.20	70.50	0.438 times
24 Fri May 2024	76.45	74.05	79.80	72.15	2.478 times
18 Sat May 2024	73.75	72.85	75.15	70.50	0.854 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 Bodal Chemicals (BODALCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	73.74	73.50	74.74	65.80	0.205 times
31 Fri May 2024	70.95	78.20	79.80	70.50	0.564 times
30 Tue Apr 2024	77.80	74.90	87.20	74.70	0.38 times
28 Thu Mar 2024	73.45	84.70	100.95	72.60	1.808 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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 BUY signal for Bodal Chemicals in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bodal Chemicals in short term and BUY 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

Although the stock is in the BUY zone, but buying 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 71.18 and Bodal Chemicals (BODALCHEM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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