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 2024-09-24 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 1139022

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	80.03	79.75	80.98	79.43	0.511 times
23 Mon Sep 2024	79.63	81.39	82.23	78.47	0.788 times
20 Fri Sep 2024	80.59	80.50	81.30	79.56	0.416 times
19 Thu Sep 2024	79.72	82.19	83.43	78.25	0.817 times
18 Wed Sep 2024	81.79	83.92	83.92	81.00	0.603 times
17 Tue Sep 2024	83.52	86.25	86.99	83.01	0.897 times
16 Mon Sep 2024	86.51	87.40	87.85	84.70	2.264 times
13 Fri Sep 2024	86.11	80.70	87.40	80.25	2.695 times
12 Thu Sep 2024	79.92	80.95	81.60	79.39	0.473 times
11 Wed Sep 2024	80.34	82.79	83.67	80.06	0.545 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 80.3, but if it comes above 80.3, then a intra day buy could be more profitable.
If you take a sell trade below 80.3, then use 80.3 as stoploss and 77.9 as target. However if you take a buy trade in stock , then use 80.3 as stoploss and 82.24 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	78.25
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	78.26
Downside Intraday Target	76.48
Upside Intraday Target	82.02
Upside Intraday Target	84
Upside Intraday Target	80.24

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	80.03	81.39	82.23	78.47	0.26 times
20 Fri Sep 2024	80.59	87.40	87.85	78.25	1.055 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

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
24 Tue Sep 2024	80.03	82.40	87.85	78.25	0.815 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 83.53 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.