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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 2024-07-25 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 640880

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	76.62	74.73	77.75	74.00	1.285 times
24 Wed Jul 2024	74.83	73.40	75.40	72.97	0.525 times
23 Tue Jul 2024	73.24	74.59	74.75	71.05	0.766 times
22 Mon Jul 2024	74.16	73.44	75.71	72.73	1.559 times
19 Fri Jul 2024	73.71	76.50	76.50	73.32	0.762 times
18 Thu Jul 2024	76.24	77.90	78.11	75.70	0.958 times
16 Tue Jul 2024	77.68	77.99	79.37	77.50	0.777 times
15 Mon Jul 2024	77.71	78.65	78.95	77.00	0.995 times
12 Fri Jul 2024	78.24	80.25	80.80	78.10	1.734 times
11 Thu Jul 2024	80.08	79.99	80.95	79.06	0.816 times

My analysis of stock is bearish for shortterm, and stock might move down till 75.4 or till 72.8. Use a stoploss of 77.52 and if the stock hits stoploss, then it can shoot up till 79.64

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	65.80
Downside Target	70.50
Downside Target	72.60
Upside Target	76.78
Upside Target	79.37
Upside Target	80.45
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	72.53
Downside Intraday Target	68.44
Upside Intraday Target	79.23
Upside Intraday Target	81.84
Downside Intraday Target	75.14

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	76.62	73.44	77.75	71.05	1.184 times
19 Fri Jul 2024	73.71	78.65	79.37	73.32	0.441 times
12 Fri Jul 2024	78.24	78.50	82.50	77.52	1.943 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

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
25 Thu Jul 2024	76.62	77.48	82.50	71.05	0.808 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bodal Chemicals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bodal Chemicals in short term and the sell 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. Bears are weakening, and bulls 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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 76.38 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 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.