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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)

Showing technical analysis as on 2024-03-15 View latest technical analysis

10 day averaged volume of Kothari Petrochemicals is 89977

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	120.15	119.80	121.40	116.05	0.703 times
14 Thu Mar 2024	117.55	109.10	124.00	108.15	1.85 times
13 Wed Mar 2024	113.10	122.70	123.00	111.20	1.568 times
12 Tue Mar 2024	118.40	126.90	127.95	115.20	1.705 times
11 Mon Mar 2024	124.55	128.40	133.15	124.00	0.832 times
07 Thu Mar 2024	128.20	129.25	131.95	127.00	0.384 times
06 Wed Mar 2024	129.25	132.00	132.30	126.00	0.87 times
05 Tue Mar 2024	131.25	132.80	136.75	130.15	0.744 times
04 Mon Mar 2024	135.35	136.15	137.90	133.85	0.363 times
02 Sat Mar 2024	136.15	135.10	139.50	134.10	0.115 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 122.7, but if it comes above 122.7, then a intra day buy could be more profitable.
If you take a sell trade below 122.7, then use 122.7 as stoploss and 113 as target. However if you take a buy trade in stock , then use 122.7 as stoploss and 130.7 as target.

Share price targets for Kothari Petrochemicals (KOTHARIPET)

Target Type	Value
Downside Target	108.15
Downside Target	114.30
Upside Target	126.00
Upside Target	133.15
Upside Target	137.80
Upside Target	140.90
Upside Target	142.40
Upside Target	142.45
Upside Target	145.95
Upside Target	156.95
Upside Target	166.30
Upside Target	169.90
Upside Target	170.00

Intraday share price targets for Kothari Petrochemicals (KOTHARIPET)

Target Type	Value
Downside Intraday Target	107.82
Downside Intraday Target	95.48
Upside Intraday Target	132.82
Upside Intraday Target	145.48
Upside Intraday Target	120.48

Weekly technical analysis of Kothari Petrochemicals (KOTHARIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	120.15	128.40	133.15	108.15	2.819 times
07 Thu Mar 2024	128.20	136.15	137.90	126.00	0.29 times
02 Sat Mar 2024	136.15	142.35	142.40	128.10	1.639 times
23 Fri Feb 2024	138.35	135.00	145.95	133.75	0.373 times
16 Fri Feb 2024	133.90	136.00	140.90	114.30	2.981 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 Kothari Petrochemicals (KOTHARIPET)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	120.15	135.95	141.75	108.15	0.335 times
29 Thu Feb 2024	133.65	151.00	156.95	114.30	0.662 times
31 Wed Jan 2024	148.20	146.50	166.30	142.45	1.261 times
29 Fri Dec 2023	145.25	162.05	170.00	137.80	0.348 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Kothari Petrochemicals in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 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 121.4 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 negative.

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