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 2024-06-27 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 58615

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	236.31	236.10	250.30	232.50	1.315 times
26 Wed Jun 2024	234.90	236.40	239.68	231.33	0.307 times
25 Tue Jun 2024	235.18	237.80	244.00	230.00	0.821 times
24 Mon Jun 2024	236.55	231.15	241.79	227.00	1.068 times
21 Fri Jun 2024	231.16	226.50	256.49	225.00	4.794 times
20 Thu Jun 2024	224.11	225.00	226.00	222.07	0.434 times
19 Wed Jun 2024	221.81	222.00	225.00	218.50	0.798 times
18 Tue Jun 2024	220.94	219.00	222.80	215.17	0.768 times
14 Fri Jun 2024	217.84	224.20	224.20	216.51	0.315 times
13 Thu Jun 2024	222.30	215.00	224.90	212.16	0.536 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 229.7, but if it comes below 229.7, then a intra day sell could be more profitable.
If you take a sell trade below 229.7, then use 229.7 as stoploss and 218.47 as target. However if you take a buy trade in stock , then use 229.7 as stoploss and 243.3 as target.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	182.00
Downside Target	194.50
Downside Target	202.55
Downside Target	210.00
Downside Target	215.17
Downside Target	224.90
Upside Target	240.00
Upside Target	250.30
Upside Target	252.00
Upside Target	256.49
Upside Target	276.50
Upside Target	349.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	225.44
Downside Intraday Target	214.57
Upside Intraday Target	248.74
Upside Intraday Target	261.17
Upside Intraday Target	237.87

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	236.31	231.15	250.30	227.00	0.517 times
21 Fri Jun 2024	231.16	219.00	256.49	215.17	5.347 times
14 Fri Jun 2024	217.84	215.80	224.90	210.00	0.687 times
07 Fri Jun 2024	211.55	213.05	218.00	194.50	0.667 times
31 Fri May 2024	209.90	220.00	220.00	202.55	0.375 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
27 Thu Jun 2024	236.31	213.05	256.49	194.50	1.007 times
31 Fri May 2024	209.90	226.90	240.00	197.00	0.668 times
30 Tue Apr 2024	226.90	201.00	252.00	185.35	5.525 times
28 Thu Mar 2024	194.05	195.25	215.95	182.00	0.205 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 neutral. A longer time frame might give a better analysis.

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 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 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 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 Reliance Chemotex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 230.23 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.