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(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 2024-07-23 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 43783

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	218.07	224.40	226.85	216.01	0.885 times
22 Mon Jul 2024	224.40	230.85	234.00	220.90	0.507 times
19 Fri Jul 2024	230.85	242.50	242.50	227.70	1.602 times
18 Thu Jul 2024	238.90	243.00	244.30	236.00	1.108 times
16 Tue Jul 2024	242.41	248.56	248.56	240.55	0.451 times
15 Mon Jul 2024	245.45	250.00	253.79	240.91	1.086 times
12 Fri Jul 2024	249.43	250.00	252.90	244.21	0.805 times
11 Thu Jul 2024	250.76	251.35	253.50	246.15	0.762 times
10 Wed Jul 2024	250.07	253.00	255.98	246.73	1.359 times
09 Tue Jul 2024	251.03	254.00	260.00	248.12	0.893 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 221.7, for a target of 232.5 or 241.46

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	182.00
Downside Target	194.50
Downside Target	215.95
Upside Target	227.00
Upside Target	234.00
Upside Target	239.00
Upside Target	250.30
Upside Target	252.00
Upside Target	253.00
Upside Target	253.79
Upside Target	256.49
Upside Target	260.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	211.39
Downside Intraday Target	204.7
Upside Intraday Target	229.38
Upside Intraday Target	240.68
Upside Intraday Target	222.69

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	218.07	230.85	234.00	216.01	0.328 times
19 Fri Jul 2024	230.85	250.00	253.79	227.70	0.81 times
12 Fri Jul 2024	249.43	247.00	260.00	244.21	1.302 times
05 Fri Jul 2024	246.78	248.35	253.00	239.00	0.738 times
28 Fri Jun 2024	244.66	231.15	250.30	227.00	0.6 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 Reliance Chemotex (RELCHEMQ)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	218.07	248.35	260.00	216.01	0.796 times
28 Fri Jun 2024	244.66	213.05	256.49	194.50	1.049 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

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 Reliance Chemotex (RELCHEMQ)

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) 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 Reliance Chemotex ( (RELCHEMQ) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Reliance Chemotex in short term but the sell signal is initial and weak.

Reliance Chemotex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 SELL signal for Reliance Chemotex in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 240.33 and Reliance Chemotex (RELCHEMQ) 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 Reliance Chemotex (RELCHEMQ) stock. Volume based technical analysis of Reliance Chemotex (RELCHEMQ) stock is negative.

Reliance Chemotex 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.