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 2024-09-11 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1112414

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	80.34	82.79	83.67	80.06	0.558 times
10 Tue Sep 2024	82.29	81.77	83.94	81.77	0.514 times
09 Mon Sep 2024	81.12	82.00	82.01	79.25	0.534 times
06 Fri Sep 2024	81.65	84.90	84.97	81.05	0.743 times
05 Thu Sep 2024	84.33	83.90	85.84	83.90	1.267 times
04 Wed Sep 2024	83.63	83.40	85.00	82.51	1.014 times
03 Tue Sep 2024	83.78	83.77	85.00	82.56	1.414 times
02 Mon Sep 2024	83.77	82.40	84.90	81.20	1.256 times
30 Fri Aug 2024	81.49	82.25	82.69	81.16	0.417 times
29 Thu Aug 2024	81.61	83.00	84.67	80.90	0.82 times

My analysis of stock is bearish for shortterm, and stock might move down till 78.6 or till 75.6. Use a stoploss of 81.12 and if the stock hits stoploss, then it can shoot up till 83.62

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	65.80
Downside Target	70.50
Downside Target	73.02
Downside Target	76.95
Downside Target	79.25
Upside Target	82.85
Upside Target	83.00
Upside Target	83.94
Upside Target	84.99
Upside Target	85.84
Upside Target	86.00

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	78.41
Downside Intraday Target	76.49
Upside Intraday Target	83.1
Upside Intraday Target	85.87
Upside Intraday Target	81.18

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	80.34	82.00	83.94	79.25	0.282 times
06 Fri Sep 2024	81.65	82.40	85.84	81.05	0.667 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

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
11 Wed Sep 2024	80.34	82.40	85.84	79.25	0.35 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bodal Chemicals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bodal Chemicals in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 82.86 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.