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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 2024-06-26 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1098715

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	80.14	78.90	82.55	78.49	1.114 times
25 Tue Jun 2024	79.16	79.29	81.39	78.90	0.465 times
24 Mon Jun 2024	79.29	79.41	80.45	78.29	0.473 times
21 Fri Jun 2024	79.88	82.00	82.85	79.50	1.077 times
20 Thu Jun 2024	81.28	77.25	82.05	77.25	3.262 times
19 Wed Jun 2024	77.24	76.74	79.50	76.50	1.089 times
18 Tue Jun 2024	76.33	78.35	78.39	75.95	0.44 times
14 Fri Jun 2024	77.97	78.44	79.50	77.10	0.703 times
13 Thu Jun 2024	77.75	74.60	79.25	74.50	1.623 times
12 Wed Jun 2024	74.32	75.50	75.90	74.05	0.391 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 78.8, but if it comes below 78.8, then a intra day sell could be more profitable.
If you take a sell trade below 78.8, then use 78.8 as stoploss and 74.92 as target. However if you take a buy trade in stock , then use 78.8 as stoploss and 83.6 as target.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	65.80
Downside Target	70.50
Downside Target	72.60
Downside Target	79.50
Downside Target	79.80
Upside Target	82.55
Upside Target	82.85
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	78.1
Downside Intraday Target	76.07
Upside Intraday Target	82.36
Upside Intraday Target	84.59
Upside Intraday Target	80.33

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	80.14	79.41	82.55	78.29	0.35 times
21 Fri Jun 2024	79.88	78.35	82.85	75.95	1.608 times
14 Fri Jun 2024	77.97	72.90	79.50	72.80	2.046 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

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
26 Wed Jun 2024	80.14	73.50	82.85	65.80	1.225 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 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 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 Strong and stock is gaining momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying 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 79.21 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 positive

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