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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.

10 day averaged volume of Bodal Chemicals is 1076354

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	79.95	80.20	81.20	79.55	0.417 times
24 Wed Apr 2024	80.15	80.65	81.75	79.80	0.776 times
23 Tue Apr 2024	80.05	79.35	82.35	78.55	1.561 times
22 Mon Apr 2024	78.75	79.20	79.95	78.35	0.473 times
19 Fri Apr 2024	77.85	77.10	78.30	76.05	0.511 times
18 Thu Apr 2024	77.90	79.05	79.90	77.60	0.542 times
16 Tue Apr 2024	78.45	77.50	79.90	77.20	0.668 times
15 Mon Apr 2024	78.25	78.60	80.00	77.00	0.841 times
12 Fri Apr 2024	81.25	85.15	85.85	80.80	1.799 times
10 Wed Apr 2024	85.25	82.95	87.20	81.80	2.402 times

My analysis of stock is bullish for shortterm, and stock might move up till 83 or till 86.7. Use a stoploss of 79.88 and if this stock hits its stoploss, then it can fall down till 76.8

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Target	72.60
Downside Target	78.05
Upside Target	80.00
Upside Target	82.35
Upside Target	85.85
Upside Target	86.80
Upside Target	87.20
Upside Target	89.40
Upside Target	91.20
Upside Target	100.95

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type	Value
Downside Intraday Target	78.08
Downside Intraday Target	76.22
Upside Intraday Target	82.08
Upside Intraday Target	84.22
Upside Intraday Target	80.22

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	79.95	79.20	82.35	78.35	1.26 times
19 Fri Apr 2024	77.85	78.60	80.00	76.05	0.499 times
12 Fri Apr 2024	81.25	85.40	87.20	80.80	0.743 times
05 Fri Apr 2024	84.80	74.90	85.85	74.70	1.734 times
28 Thu Mar 2024	73.45	79.70	80.60	72.60	0.826 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
25 Thu Apr 2024	79.95	74.90	87.20	74.70	0.343 times
28 Thu Mar 2024	73.45	84.70	100.95	72.60	1.808 times
29 Thu Feb 2024	84.40	87.80	91.20	74.00	1.307 times
31 Wed Jan 2024	86.30	82.70	89.40	78.05	1.163 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing 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 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 in or above 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 positive zone. This is a BUY zone

Stock of Bodal Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 80.97 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.