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 2024-11-22 View latest technical analysis

10 day averaged volume of Bodal Chemicals is 339442

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	71.20	71.40	71.96	70.73	0.461 times
21 Thu Nov 2024	71.15	72.30	72.30	70.47	0.764 times
19 Tue Nov 2024	72.42	70.46	73.00	70.46	0.762 times
18 Mon Nov 2024	70.43	72.10	72.63	70.01	0.891 times
14 Thu Nov 2024	71.43	73.00	75.60	70.20	1.915 times
13 Wed Nov 2024	72.73	74.60	74.74	72.00	1.329 times
12 Tue Nov 2024	74.61	76.70	77.30	74.10	0.497 times
11 Mon Nov 2024	75.83	77.01	77.08	75.60	0.47 times
08 Fri Nov 2024	77.01	78.40	78.50	76.66	0.726 times
07 Thu Nov 2024	78.23	80.10	80.87	77.53	1.071 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 72.3, but if it comes above 72.3, then a intra day buy could be more profitable.
If you take a sell trade below 72.3, then use 72.3 as stoploss and 69.2 as target. However if you take a buy trade in stock , then use 72.3 as stoploss and 74.95 as target.

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	70.01
Upside Target	75.01
Upside Target	77.30
Upside Target	78.90
Upside Target	80.87
Upside Target	83.78
Upside Target	84.99
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	69.81
Downside Intraday Target	68.41
Upside Intraday Target	72.8
Upside Intraday Target	74.39
Upside Intraday Target	71.4

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	71.20	72.10	73.00	70.01	0.684 times
14 Thu Nov 2024	71.43	77.01	77.30	70.20	0.889 times
08 Fri Nov 2024	77.01	78.80	80.87	75.01	1.22 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

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
22 Fri Nov 2024	71.20	77.49	80.87	70.01	0.264 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing 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 moving up

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 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 73.26 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.