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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 2024-08-29 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1362851

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	81.61	83.00	84.67	80.90	0.67 times
28 Wed Aug 2024	82.89	85.94	86.00	82.25	1.649 times
27 Tue Aug 2024	84.15	80.33	85.85	80.33	3.947 times
26 Mon Aug 2024	80.38	80.75	82.00	80.05	0.36 times
23 Fri Aug 2024	80.44	81.00	81.31	79.66	0.275 times
22 Thu Aug 2024	81.35	81.40	83.00	80.10	0.826 times
21 Wed Aug 2024	81.08	78.93	82.30	78.70	1.114 times
20 Tue Aug 2024	78.74	78.70	79.40	78.02	0.265 times
19 Mon Aug 2024	78.33	78.00	79.10	76.95	0.367 times
16 Fri Aug 2024	76.69	75.34	76.88	74.52	0.341 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 82 as stoploss in an intra day sell trade for a target of 79.61. However, stock will show a bullish move above 82.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	65.80
Downside Target	70.50
Downside Target	73.02
Downside Target	74.70
Downside Target	76.20
Downside Target	79.35
Upside Target	82.85
Upside Target	83.00
Upside Target	84.99
Upside Target	86.00
Upside Target	87.20

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	79.11
Downside Intraday Target	76.6
Upside Intraday Target	85.06
Upside Intraday Target	88.5
Upside Intraday Target	82.55

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	81.61	80.75	86.00	80.05	2.328 times
23 Fri Aug 2024	80.44	78.00	83.00	76.95	1.383 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	81.61	83.00	86.00	73.02	0.911 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 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 and the buying is gaining 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 82.32 and Bodal Chemicals (BODALCHEM) stock is trading below this level. This means that stock is falling with high volumes. 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.