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(KOTHARIPET) Kothari Petrochemicals complete technical analysis [charts+indicators] | Buy/Sell Kothari Petrochemicals | (KOTHARIPET) share price targets

Complete technical analysis of Kothari Petrochemicals (KOTHARIPET) by charts plus indicators, forecast predictions and share price targets for Kothari Petrochemicals (KOTHARIPET)

10 day averaged volume of Kothari Petrochemicals is 51416

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	124.65	129.90	129.90	124.10	0.838 times
10 Fri May 2024	127.50	126.20	128.00	123.05	0.767 times
09 Thu May 2024	125.55	127.05	131.45	125.00	0.747 times
08 Wed May 2024	128.05	127.35	131.90	127.00	1.046 times
07 Tue May 2024	127.35	126.80	131.35	126.75	1.162 times
06 Mon May 2024	131.25	133.30	133.50	130.00	0.782 times
03 Fri May 2024	132.70	134.00	134.45	131.35	0.886 times
02 Thu May 2024	132.40	132.55	134.55	132.05	1.203 times
30 Tue Apr 2024	133.20	133.80	134.80	131.75	1.007 times
29 Mon Apr 2024	132.90	132.05	134.45	131.60	1.034 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 124.4, for a target of 128.2 or 131.41

Share price targets for Kothari Petrochemicals (KOTHARIPET)

Target Type	Value
Downside Target	108.15
Downside Target	114.30
Downside Target	122.85
Upside Target	129.90
Upside Target	134.80
Upside Target	137.60
Upside Target	137.70
Upside Target	141.75
Upside Target	141.90
Upside Target	142.45
Upside Target	156.95
Upside Target	166.30

Intraday share price targets for Kothari Petrochemicals (KOTHARIPET)

Target Type	Value
Downside Intraday Target	122.53
Downside Intraday Target	120.42
Upside Intraday Target	128.33
Upside Intraday Target	132.02
Upside Intraday Target	126.22

Weekly technical analysis of Kothari Petrochemicals (KOTHARIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	124.65	129.90	129.90	124.10	0.186 times
10 Fri May 2024	127.50	133.30	133.50	123.05	1.091 times
03 Fri May 2024	132.70	132.05	134.80	131.35	0.663 times
26 Fri Apr 2024	132.05	132.60	137.60	131.65	0.827 times
19 Fri Apr 2024	131.95	129.85	137.70	125.80	0.887 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 Kothari Petrochemicals (KOTHARIPET)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Mon May 2024	124.65	132.55	134.55	123.05	0.225 times
30 Tue Apr 2024	133.20	124.70	141.90	122.85	1.091 times
28 Thu Mar 2024	122.25	135.95	141.75	108.15	0.542 times
29 Thu Feb 2024	133.65	151.00	156.95	114.30	0.662 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 Kothari Petrochemicals (KOTHARIPET)

Price action analysis of Kothari Petrochemicals ( (KOTHARIPET) ) 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 Kothari Petrochemicals ( (KOTHARIPET) ) 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 Kothari Petrochemicals ( (KOTHARIPET) ) 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 Kothari Petrochemicals stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Kothari Petrochemicals in short term and the sell signal is strong.

Kothari Petrochemicals 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Kothari Petrochemicals in short term but BUY 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 Kothari Petrochemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 129.75 and Kothari Petrochemicals (KOTHARIPET) 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 Kothari Petrochemicals (KOTHARIPET) stock. Volume based technical analysis of Kothari Petrochemicals (KOTHARIPET) stock is negative.

Kothari Petrochemicals Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.