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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 2024-08-16 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 935746

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	76.69	75.34	76.88	74.52	0.497 times
14 Wed Aug 2024	74.40	77.50	77.90	73.02	1.248 times
13 Tue Aug 2024	77.07	79.80	80.47	76.70	0.56 times
12 Mon Aug 2024	79.62	79.19	80.95	78.27	0.692 times
09 Fri Aug 2024	79.71	79.45	81.75	79.00	0.993 times
08 Thu Aug 2024	78.97	78.00	81.56	77.99	1.023 times
07 Wed Aug 2024	78.30	77.95	78.88	76.69	0.574 times
06 Tue Aug 2024	76.84	78.05	80.70	76.20	0.851 times
05 Mon Aug 2024	77.63	81.10	81.18	77.01	1.27 times
02 Fri Aug 2024	83.07	79.69	84.38	79.35	1.974 times

My analysis of stock is bearish for shortterm, and stock might move down till 75.1 or till 71.4. Use a stoploss of 78.18 and if the stock hits stoploss, then it can shoot up till 81.25

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	65.80
Downside Target	70.50
Downside Target	73.02
Downside Target	76.20
Upside Target	79.35
Upside Target	81.75
Upside Target	82.85
Upside Target	84.38
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	72.82
Downside Intraday Target	68.96
Upside Intraday Target	80.75
Upside Intraday Target	84.82
Upside Intraday Target	76.89

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	76.69	79.19	80.95	73.02	0.636 times
09 Fri Aug 2024	79.71	81.10	81.75	76.20	0.607 times
02 Fri Aug 2024	83.07	83.00	84.99	79.35	0.699 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

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
16 Fri Aug 2024	76.69	83.00	84.38	73.02	0.394 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bodal Chemicals ( (BODALCHEM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bodal Chemicals in short term and the sell signal is strong.

Bodal Chemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing 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 78.71 and Bodal Chemicals (BODALCHEM) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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