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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 2024-09-02 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1337208

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	83.77	82.40	84.90	81.20	1.045 times
30 Fri Aug 2024	81.49	82.25	82.69	81.16	0.347 times
29 Thu Aug 2024	81.61	83.00	84.67	80.90	0.683 times
28 Wed Aug 2024	82.89	85.94	86.00	82.25	1.681 times
27 Tue Aug 2024	84.15	80.33	85.85	80.33	4.023 times
26 Mon Aug 2024	80.38	80.75	82.00	80.05	0.367 times
23 Fri Aug 2024	80.44	81.00	81.31	79.66	0.28 times
22 Thu Aug 2024	81.35	81.40	83.00	80.10	0.842 times
21 Wed Aug 2024	81.08	78.93	82.30	78.70	1.135 times
20 Tue Aug 2024	78.74	78.70	79.40	78.02	0.27 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 82.1, but if it comes below 82.1, then a intra day sell could be more profitable.
If you take a sell trade below 82.1, then use 82.1 as stoploss and 79.67 as target. However if you take a buy trade in stock , then use 82.1 as stoploss and 85.1 as target.

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
Downside Target	79.80
Downside Target	82.85
Downside Target	83.00
Upside Target	84.90
Upside Target	84.99
Upside Target	86.00

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	81.68
Downside Intraday Target	79.59
Upside Intraday Target	85.38
Upside Intraday Target	86.99
Downside Intraday Target	83.29

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	83.77	82.40	84.90	81.20	0.147 times
30 Fri Aug 2024	81.49	80.75	86.00	80.05	2.448 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

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
02 Mon Sep 2024	83.77	82.40	84.90	81.20	0.06 times
30 Fri Aug 2024	81.49	83.00	86.00	73.02	0.929 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

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 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 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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Bodal Chemicals in short term and BUY signal is strong.

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

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 82.75 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.