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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 2024-08-14 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 10530

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	225.41	232.50	239.30	222.50	0.715 times
13 Tue Aug 2024	231.25	239.82	239.82	227.60	0.604 times
12 Mon Aug 2024	235.51	232.80	239.50	228.39	1.441 times
09 Fri Aug 2024	236.34	236.32	240.00	230.00	1.301 times
08 Thu Aug 2024	235.79	238.80	242.00	232.00	1.755 times
07 Wed Aug 2024	237.56	234.90	240.00	227.62	0.92 times
06 Tue Aug 2024	229.70	230.00	236.67	226.35	0.707 times
05 Mon Aug 2024	226.96	233.60	236.35	222.42	1.28 times
02 Fri Aug 2024	235.79	235.00	237.93	232.22	0.631 times
01 Thu Aug 2024	236.49	240.00	241.53	235.00	0.465 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 226.5, but if it comes above 226.5, then a intra day buy could be more profitable.
If you take a sell trade below 226.5, then use 226.5 as stoploss and 219 as target. However if you take a buy trade in stock , then use 226.5 as stoploss and 232.74 as target.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	185.35
Downside Target	194.50
Downside Target	215.00
Downside Target	222.42
Upside Target	227.70
Upside Target	239.82
Upside Target	242.00
Upside Target	245.39
Upside Target	248.00
Upside Target	252.00
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	218.67
Downside Intraday Target	211.92
Upside Intraday Target	235.99
Upside Intraday Target	246.56
Upside Intraday Target	229.24

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	225.41	232.80	239.82	222.50	0.463 times
09 Fri Aug 2024	236.34	233.60	242.00	222.42	1.037 times
02 Fri Aug 2024	235.79	235.90	248.00	232.22	0.298 times
26 Fri Jul 2024	237.47	230.85	245.39	215.00	1.094 times
19 Fri Jul 2024	230.85	250.00	253.79	227.70	0.81 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
14 Wed Aug 2024	225.41	240.00	242.00	222.42	0.122 times
31 Wed Jul 2024	238.77	248.35	260.00	215.00	1.03 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

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

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Reliance Chemotex ( (RELCHEMQ) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 and the sell signal is strong.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 BUY signal in short term but buying is losing 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 233.4 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 negative.

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