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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 2024-11-07 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 324831

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	78.23	80.10	80.87	77.53	1.119 times
06 Wed Nov 2024	79.80	76.99	80.55	76.99	1.646 times
05 Tue Nov 2024	76.65	75.84	77.30	75.55	0.592 times
04 Mon Nov 2024	75.89	78.80	78.80	75.01	0.831 times
01 Fri Nov 2024	78.12	77.49	78.90	77.05	0.358 times
31 Thu Oct 2024	77.17	76.80	78.20	76.18	0.469 times
30 Wed Oct 2024	76.75	74.35	77.53	74.11	1.115 times
29 Tue Oct 2024	74.32	74.70	75.76	73.68	1.204 times
28 Mon Oct 2024	74.78	75.00	76.25	73.21	0.908 times
25 Fri Oct 2024	73.98	77.00	77.20	72.40	1.829 times

My analysis of stock is bearish for shortterm, and stock might move down till 75.5 or till 71.5. Use a stoploss of 78.82 and if the stock hits stoploss, then it can shoot up till 82.16

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	71.05
Downside Target	75.01
Downside Target	77.01
Upside Target	80.87
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	75.2
Downside Intraday Target	72.18
Upside Intraday Target	81.06
Upside Intraday Target	83.9
Downside Intraday Target	78.04

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	78.23	78.80	80.87	75.01	1.033 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 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
07 Thu Nov 2024	78.23	77.49	80.87	75.01	0.095 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

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 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 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 76.43 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.