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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 2024-10-29 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 768840

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	74.32	74.70	75.76	73.68	0.509 times
28 Mon Oct 2024	74.78	75.00	76.25	73.21	0.384 times
25 Fri Oct 2024	73.98	77.00	77.20	72.40	0.773 times
24 Thu Oct 2024	76.45	77.30	77.89	76.25	0.443 times
23 Wed Oct 2024	77.13	76.55	79.20	75.18	0.563 times
22 Tue Oct 2024	76.90	80.96	81.05	76.40	0.9 times
21 Mon Oct 2024	80.96	82.50	83.78	80.60	0.752 times
18 Fri Oct 2024	82.37	80.99	82.89	79.63	0.851 times
17 Thu Oct 2024	81.56	85.23	85.37	80.10	1.205 times
16 Wed Oct 2024	85.23	83.50	87.65	82.87	3.327 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 76.9, but if it comes above 76.9, then a intra day buy could be more profitable.
If you take a sell trade below 76.9, then use 76.9 as stoploss and 72.7 as target. However if you take a buy trade in stock , then use 76.9 as stoploss and 80.31 as target.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	65.80
Downside Target	71.05
Upside Target	76.25
Upside Target	82.85
Upside Target	83.78
Upside Target	84.73
Upside Target	84.99
Upside Target	85.60
Upside Target	86.00
Upside Target	87.65
Upside Target	87.85

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	72.94
Downside Intraday Target	71.55
Upside Intraday Target	75.98
Upside Intraday Target	77.63
Upside Intraday Target	74.59

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	74.32	75.00	76.25	73.21	0.26 times
25 Fri Oct 2024	73.98	82.50	83.78	72.40	0.502 times
18 Fri Oct 2024	82.37	83.01	87.65	79.63	1.42 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

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
29 Tue Oct 2024	74.32	81.53	87.65	72.40	0.705 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 and the sell signal is strong.

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 red color and prices are below the red 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 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 80.67 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.