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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 2024-03-19 View latest technical analysis

10 day averaged volume of Kothari Petrochemicals is 85692

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	121.20	121.60	122.25	120.65	0.543 times
18 Mon Mar 2024	121.60	119.10	124.00	116.60	0.529 times
15 Fri Mar 2024	120.15	119.80	121.40	116.05	0.738 times
14 Thu Mar 2024	117.55	109.10	124.00	108.15	1.942 times
13 Wed Mar 2024	113.10	122.70	123.00	111.20	1.646 times
12 Tue Mar 2024	118.40	126.90	127.95	115.20	1.79 times
11 Mon Mar 2024	124.55	128.40	133.15	124.00	0.874 times
07 Thu Mar 2024	128.20	129.25	131.95	127.00	0.403 times
06 Wed Mar 2024	129.25	132.00	132.30	126.00	0.914 times
05 Tue Mar 2024	131.25	132.80	136.75	130.15	0.781 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 121.1 as stoploss in an intra day buy trade for a target of 128.68. However, stock will show a bearish move below 121.1.

Share price targets for Kothari Petrochemicals (KOTHARIPET)

Target Type	Value
Downside Target	108.15
Downside Target	114.30
Downside Target	116.60
Upside Target	124.00
Upside Target	133.15
Upside Target	137.80
Upside Target	141.75
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	117.2
Downside Intraday Target	113.2
Upside Intraday Target	124.6
Upside Intraday Target	128
Downside Intraday Target	120.6

Weekly technical analysis of Kothari Petrochemicals (KOTHARIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	121.20	119.10	124.00	116.60	0.153 times
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

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 Kothari Petrochemicals (KOTHARIPET)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	121.20	135.95	141.75	108.15	0.367 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 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 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 gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Kothari Petrochemicals 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 buy signal for Kothari Petrochemicals in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Kothari Petrochemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 120.7 and Kothari Petrochemicals (KOTHARIPET) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.