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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 2024-09-19 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1191726

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	79.72	82.19	83.43	78.25	0.781 times
18 Wed Sep 2024	81.79	83.92	83.92	81.00	0.577 times
17 Tue Sep 2024	83.52	86.25	86.99	83.01	0.857 times
16 Mon Sep 2024	86.51	87.40	87.85	84.70	2.164 times
13 Fri Sep 2024	86.11	80.70	87.40	80.25	2.576 times
12 Thu Sep 2024	79.92	80.95	81.60	79.39	0.452 times
11 Wed Sep 2024	80.34	82.79	83.67	80.06	0.521 times
10 Tue Sep 2024	82.29	81.77	83.94	81.77	0.48 times
09 Mon Sep 2024	81.12	82.00	82.01	79.25	0.499 times
06 Fri Sep 2024	81.65	84.90	84.97	81.05	0.693 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 80.6, but if it comes above 80.6, then a intra day buy could be more profitable.
If you take a sell trade below 80.6, then use 80.6 as stoploss and 78.2 as target. However if you take a buy trade in stock , then use 80.6 as stoploss and 82.47 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	76.95
Upside Target	82.85
Upside Target	84.99
Upside Target	85.84
Upside Target	86.00
Upside Target	87.40
Upside Target	87.85

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	76.03
Downside Intraday Target	72.34
Upside Intraday Target	85.63
Upside Intraday Target	91.54
Upside Intraday Target	81.94

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	79.72	87.40	87.85	78.25	0.967 times
13 Fri Sep 2024	86.11	82.00	87.40	79.25	0.852 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

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
19 Thu Sep 2024	79.72	82.40	87.85	78.25	0.731 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 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 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 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 Weak and stock is gaining momentum.

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

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. 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 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 83.81 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 positive

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