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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 2024-08-01 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1613897

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	80.86	83.00	83.37	80.53	0.473 times
31 Wed Jul 2024	82.83	81.97	84.99	81.96	1.26 times
30 Tue Jul 2024	81.56	81.25	82.97	81.10	0.538 times
29 Mon Jul 2024	81.28	83.00	84.20	80.88	1.084 times
26 Fri Jul 2024	82.17	77.25	84.90	77.01	4.793 times
25 Thu Jul 2024	76.62	74.73	77.75	74.00	0.51 times
24 Wed Jul 2024	74.83	73.40	75.40	72.97	0.209 times
23 Tue Jul 2024	73.24	74.59	74.75	71.05	0.304 times
22 Mon Jul 2024	74.16	73.44	75.71	72.73	0.619 times
19 Fri Jul 2024	73.71	76.50	76.50	73.32	0.303 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 81.3 as stoploss in an intra day sell trade for a target of 78.44. However, stock will show a bullish move above 81.3.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	65.80
Downside Target	70.50
Downside Target	73.32
Downside Target	77.01
Downside Target	79.37
Upside Target	82.50
Upside Target	82.85
Upside Target	83.37
Upside Target	84.90
Upside Target	84.99
Upside Target	87.20

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	79.26
Downside Intraday Target	77.67
Upside Intraday Target	83.72
Upside Intraday Target	86.59
Upside Intraday Target	82.13

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	80.86	83.00	84.99	80.53	0.521 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
01 Thu Aug 2024	80.86	83.00	83.37	80.53	0.031 times
31 Wed Jul 2024	82.83	77.48	84.99	71.05	1.604 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

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 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

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 80.62 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.