Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(RELCHEMQ) Reliance Chemotex complete technical analysis [charts+indicators] | Buy/Sell Reliance Chemotex | (RELCHEMQ) share price targets

Complete technical analysis of Reliance Chemotex (RELCHEMQ) by charts plus indicators, forecast predictions and share price targets for Reliance Chemotex (RELCHEMQ)

Showing technical analysis as on 2023-12-14 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 69235

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Dec 2023	319.90	312.70	349.00	311.00	4.109 times
13 Wed Dec 2023	308.10	302.00	312.20	299.15	1.158 times
12 Tue Dec 2023	302.95	309.00	309.00	298.00	1.001 times
11 Mon Dec 2023	304.75	304.70	308.30	302.00	0.501 times
08 Fri Dec 2023	302.60	290.05	305.00	290.05	1.178 times
07 Thu Dec 2023	291.70	296.35	297.90	289.00	0.623 times
06 Wed Dec 2023	296.30	300.30	303.00	295.00	0.809 times
05 Tue Dec 2023	298.75	296.50	299.60	288.00	0.928 times
04 Mon Dec 2023	294.95	296.00	299.95	287.00	2.106 times
01 Fri Dec 2023	285.05	283.80	286.05	276.50	1.132 times

Stock of Reliance Chemotex (RELCHEMQ) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 318.2, for a target of 302.8 or 289.97

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	174.05
Downside Target	201.00
Downside Target	208.00
Downside Target	220.00
Downside Target	239.00
Downside Target	252.25
Downside Target	268.80
Downside Target	276.50
Downside Target	287.00
Downside Target	293.10
Downside Target	295.35
Downside Target	298.00
Downside Target	305.00
Upside Target	349.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	295.6
Downside Intraday Target	271.3
Upside Intraday Target	346.6
Upside Intraday Target	373.3
Upside Intraday Target	322.3

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Dec 2023	319.90	304.70	349.00	298.00	1.199 times
08 Fri Dec 2023	302.60	296.00	305.00	287.00	1.576 times
01 Fri Dec 2023	285.05	283.00	295.35	276.50	0.614 times
24 Fri Nov 2023	281.30	272.20	293.10	268.80	1.122 times
17 Fri Nov 2023	269.35	260.20	279.95	252.25	0.711 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 Reliance Chemotex (RELCHEMQ)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Thu Dec 2023	319.90	283.80	349.00	276.50	0.444 times
30 Thu Nov 2023	282.35	239.00	295.35	239.00	2.199 times
31 Tue Oct 2023	239.15	216.05	240.90	208.00	1.513 times
29 Fri Sep 2023	216.00	195.90	220.00	175.10	1.817 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 Reliance Chemotex (RELCHEMQ)

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) 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 Reliance Chemotex ( (RELCHEMQ) ) based on a short to mid 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 Reliance Chemotex ( (RELCHEMQ) ) 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 Reliance Chemotex stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Reliance Chemotex in short term and the buy signal is strong.

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

Reliance Chemotex Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Chemotex in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Stock of Reliance Chemotex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 304.62 and Reliance Chemotex (RELCHEMQ) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Reliance Chemotex (RELCHEMQ) stock. Volume based technical analysis of Reliance Chemotex (RELCHEMQ) stock is negative.

Reliance Chemotex Stock is giving positive 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.