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(CHEMPLASTS) Chemplast Sanmar complete technical analysis [charts+indicators] | Buy/Sell Chemplast Sanmar | (CHEMPLASTS) share price targets

Complete technical analysis of Chemplast Sanmar (CHEMPLASTS) by charts plus indicators, forecast predictions and share price targets for Chemplast Sanmar (CHEMPLASTS)

Showing technical analysis as on 2024-05-24 View latest technical analysis

10 day averaged volume of Chemplast Sanmar is 73443

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	475.00	480.25	489.40	473.10	5.346 times
23 Thu May 2024	484.15	486.00	499.00	482.55	1.373 times
22 Wed May 2024	484.05	482.00	489.20	470.60	1.177 times
21 Tue May 2024	481.25	488.00	492.15	476.70	1.636 times
18 Sat May 2024	492.20	488.00	496.00	486.50	0.19 times
17 Fri May 2024	490.80	487.35	496.30	485.60	1.401 times
16 Thu May 2024	485.00	480.00	492.05	475.00	0.937 times
15 Wed May 2024	476.45	469.00	481.30	469.00	0.642 times
14 Tue May 2024	471.35	468.80	475.00	461.00	0.604 times
13 Mon May 2024	466.45	462.00	472.00	454.50	0.863 times

Stock of Chemplast Sanmar (CHEMPLASTS) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 466.4 or till 451.7. Use a stoploss of 478.64 and if the stock hits stoploss, then it can shoot up till 490.87

Share price targets for Chemplast Sanmar (CHEMPLASTS)

Target Type	Value
Downside Target	413.45
Downside Target	450.60
Downside Target	470.60
Upside Target	492.80
Upside Target	499.00
Upside Target	499.45
Upside Target	502.00
Upside Target	505.85
Upside Target	522.20
Upside Target	522.65
Upside Target	527.00

Intraday share price targets for Chemplast Sanmar (CHEMPLASTS)

Target Type	Value
Downside Intraday Target	464.07
Downside Intraday Target	453.13
Upside Intraday Target	492.47
Upside Intraday Target	509.93
Upside Intraday Target	481.53

Weekly technical analysis of Chemplast Sanmar (CHEMPLASTS)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	475.00	488.00	499.00	470.60	2.056 times
18 Sat May 2024	492.20	462.00	496.30	454.50	0.496 times
10 Fri May 2024	456.60	479.00	492.80	454.00	0.649 times
03 Fri May 2024	479.40	496.50	527.00	476.20	3.033 times
26 Fri Apr 2024	496.50	483.50	505.85	482.05	1.526 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Chemplast Sanmar (CHEMPLASTS)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri May 2024	475.00	493.90	499.45	454.00	0.699 times
30 Tue Apr 2024	499.50	456.90	527.00	450.60	0.958 times
28 Thu Mar 2024	450.00	466.20	522.20	416.75	0.895 times
29 Thu Feb 2024	470.80	502.00	502.00	413.45	0.826 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 Chemplast Sanmar (CHEMPLASTS)

Price action analysis of Chemplast Sanmar ( (CHEMPLASTS) ) 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 Chemplast Sanmar ( (CHEMPLASTS) ) based on a short 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 Chemplast Sanmar ( (CHEMPLASTS) ) based on a short to mid 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 Chemplast Sanmar ( (CHEMPLASTS) ) based on a mid to longer 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.

ADX buy sell signal for Chemplast Sanmar stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Chemplast Sanmar in short term and the buy signal is strong.

Chemplast Sanmar 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Chemplast Sanmar 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 positive zone. This is a BUY zone

Stock of Chemplast Sanmar is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 479.2 and Chemplast Sanmar (CHEMPLASTS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Chemplast Sanmar (CHEMPLASTS) stock. Volume based technical analysis of Chemplast Sanmar (CHEMPLASTS) stock is negative.

Chemplast Sanmar 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.