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 2024-07-30 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1437247

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	81.56	81.25	82.97	81.10	0.604 times
29 Mon Jul 2024	81.28	83.00	84.20	80.88	1.217 times
26 Fri Jul 2024	82.17	77.25	84.90	77.01	5.382 times
25 Thu Jul 2024	76.62	74.73	77.75	74.00	0.573 times
24 Wed Jul 2024	74.83	73.40	75.40	72.97	0.234 times
23 Tue Jul 2024	73.24	74.59	74.75	71.05	0.342 times
22 Mon Jul 2024	74.16	73.44	75.71	72.73	0.695 times
19 Fri Jul 2024	73.71	76.50	76.50	73.32	0.34 times
18 Thu Jul 2024	76.24	77.90	78.11	75.70	0.427 times
16 Tue Jul 2024	77.68	77.99	79.37	77.50	0.346 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 80.7, but if it comes below 80.7, then a intra day sell could be more profitable.
If you take a sell trade below 80.7, then use 80.7 as stoploss and 78.13 as target. However if you take a buy trade in stock , then use 80.7 as stoploss and 83.8 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	77.01
Downside Target	79.37
Upside Target	82.50
Upside Target	82.85
Upside Target	84.20
Upside Target	84.90
Upside Target	87.20
Upside Target	100.95

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	80.23
Downside Intraday Target	78.89
Upside Intraday Target	83.55
Upside Intraday Target	85.53
Upside Intraday Target	82.21

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	81.56	83.00	84.20	80.88	0.252 times
26 Fri Jul 2024	82.17	73.44	84.90	71.05	4.64 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

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
30 Tue Jul 2024	81.56	77.48	84.90	71.05	1.473 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 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 Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Bodal Chemicals in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 80.01 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.