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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 2024-11-04 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 395364

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	75.89	78.80	78.80	75.01	0.683 times
01 Fri Nov 2024	78.12	77.49	78.90	77.05	0.294 times
31 Thu Oct 2024	77.17	76.80	78.20	76.18	0.385 times
30 Wed Oct 2024	76.75	74.35	77.53	74.11	0.916 times
29 Tue Oct 2024	74.32	74.70	75.76	73.68	0.99 times
28 Mon Oct 2024	74.78	75.00	76.25	73.21	0.746 times
25 Fri Oct 2024	73.98	77.00	77.20	72.40	1.503 times
24 Thu Oct 2024	76.45	77.30	77.89	76.25	0.861 times
23 Wed Oct 2024	77.13	76.55	79.20	75.18	1.094 times
22 Tue Oct 2024	76.90	80.96	81.05	76.40	1.75 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 75.9, but if it comes above 75.9, then a intra day buy could be more profitable.
If you take a sell trade below 75.9, then use 75.9 as stoploss and 71.8 as target. However if you take a buy trade in stock , then use 75.9 as stoploss and 79.37 as target.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	71.05
Downside Target	75.01
Upside Target	77.01
Upside Target	79.63
Upside Target	83.78
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	74.33
Downside Intraday Target	72.78
Upside Intraday Target	78.12
Upside Intraday Target	80.36
Upside Intraday Target	76.57

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	75.89	78.80	78.80	75.01	0.205 times
01 Fri Nov 2024	78.12	75.00	78.90	73.21	0.499 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

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
04 Mon Nov 2024	75.89	77.49	78.90	75.01	0.025 times
31 Thu Oct 2024	77.17	81.53	87.65	72.40	0.729 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

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 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 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 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 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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 75.92 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.