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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 2024-07-09 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 632772

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	81.41	79.59	82.50	79.00	2.583 times
08 Mon Jul 2024	79.59	78.50	81.45	77.91	1.731 times
05 Fri Jul 2024	78.35	78.43	79.40	77.75	0.658 times
04 Thu Jul 2024	78.50	79.00	79.76	78.01	0.748 times
03 Wed Jul 2024	78.76	79.24	80.45	78.10	1.072 times
02 Tue Jul 2024	78.80	78.48	80.00	77.48	0.954 times
01 Mon Jul 2024	78.06	77.48	78.53	77.01	0.695 times
28 Fri Jun 2024	77.10	78.14	78.60	76.78	0.591 times
27 Thu Jun 2024	77.68	79.47	80.50	77.05	0.809 times
26 Wed Jun 2024	80.14	78.90	82.55	78.49	1.935 times

Stock of Bodal Chemicals (BODALCHEM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 80.1, but if it comes below 80.1, then a intra day sell could be more profitable.
If you take a sell trade below 80.1, then use 80.1 as stoploss and 78.33 as target. However if you take a buy trade in stock , then use 80.1 as stoploss and 82.2 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	74.70
Downside Target	79.50
Upside Target	82.50
Upside Target	82.55
Upside Target	82.85
Upside Target	87.20
Upside Target	100.95

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	78.71
Downside Intraday Target	76.02
Upside Intraday Target	83.3
Upside Intraday Target	85.2
Downside Intraday Target	80.61

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	81.41	78.50	82.50	77.91	1.045 times
05 Fri Jul 2024	78.35	77.48	80.45	77.01	0.832 times
28 Fri Jun 2024	77.10	79.41	82.55	76.78	0.487 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

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
09 Tue Jul 2024	81.41	77.48	82.50	77.01	0.343 times
28 Fri Jun 2024	77.10	73.50	82.85	65.80	1.299 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 neutral. A longer time frame might give a better analysis.

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 stronger in this stock.

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 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 79.46 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.