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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 2024-10-15 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 766696

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	83.56	84.28	85.05	82.50	0.806 times
14 Mon Oct 2024	83.64	83.01	84.01	81.53	0.645 times
11 Fri Oct 2024	82.91	83.99	84.90	82.00	0.688 times
10 Thu Oct 2024	82.78	81.51	84.80	81.51	1.122 times
09 Wed Oct 2024	81.57	83.39	83.80	81.20	0.623 times
08 Tue Oct 2024	81.26	77.23	81.95	77.20	0.667 times
07 Mon Oct 2024	78.05	83.76	85.60	77.01	1.724 times
04 Fri Oct 2024	83.12	81.59	83.90	80.42	1.207 times
03 Thu Oct 2024	81.68	82.50	84.01	81.05	0.81 times
01 Tue Oct 2024	84.02	81.53	84.73	80.92	1.68 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 83.1, but if it comes below 83.1, then a intra day sell could be more profitable.
If you take a sell trade below 83.1, then use 83.1 as stoploss and 81.55 as target. However if you take a buy trade in stock , then use 83.1 as stoploss and 85.1 as target.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	65.80
Downside Target	71.05
Downside Target	73.02
Downside Target	77.01
Downside Target	81.53
Upside Target	84.99
Upside Target	85.05
Upside Target	85.60
Upside Target	86.00
Upside Target	87.85

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	81.71
Downside Intraday Target	79.86
Upside Intraday Target	85.23
Upside Intraday Target	86.9
Downside Intraday Target	83.38

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	83.56	83.01	85.05	81.53	0.301 times
11 Fri Oct 2024	82.91	83.76	85.60	77.01	1.065 times
04 Fri Oct 2024	83.12	80.20	84.73	79.80	1.03 times
27 Fri Sep 2024	80.23	81.39	83.24	78.47	0.593 times
20 Fri Sep 2024	80.59	87.40	87.85	78.25	1.055 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
15 Tue Oct 2024	83.56	81.53	85.60	77.01	0.357 times
30 Mon Sep 2024	81.24	82.40	87.85	78.25	0.924 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

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Bodal Chemicals stock for short term is BUY. Signal strength is Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling 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 82.07 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 negative.

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