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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 2024-10-24 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 4873

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	214.25	210.50	218.01	203.72	1.485 times
23 Wed Oct 2024	206.47	202.00	209.38	202.00	0.312 times
22 Tue Oct 2024	207.03	210.48	214.65	206.00	0.772 times
21 Mon Oct 2024	210.48	214.30	218.36	209.95	2.316 times
18 Fri Oct 2024	213.14	215.00	217.00	210.91	0.808 times
17 Thu Oct 2024	214.10	216.50	218.75	213.06	0.706 times
16 Wed Oct 2024	215.37	216.00	217.99	211.65	1.931 times
15 Tue Oct 2024	217.92	216.15	221.95	216.15	0.787 times
14 Mon Oct 2024	217.92	220.20	223.30	216.00	0.982 times
11 Fri Oct 2024	219.05	222.00	222.00	218.50	0.428 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 212.1 as stoploss in an intra day buy trade for a target of 217.63. However, stock will show a bearish move below 212.1.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	194.50
Downside Target	202.00
Downside Target	210.91
Upside Target	226.35
Upside Target	230.00
Upside Target	236.50
Upside Target	245.00
Upside Target	247.00
Upside Target	256.49
Upside Target	260.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	204.71
Downside Intraday Target	195.18
Upside Intraday Target	221.07
Upside Intraday Target	227.9
Downside Intraday Target	211.54

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	214.25	214.30	218.36	202.00	0.937 times
18 Fri Oct 2024	213.14	220.20	223.30	210.91	1.136 times
11 Fri Oct 2024	219.05	220.90	226.35	212.00	0.638 times
04 Fri Oct 2024	220.90	222.50	230.00	218.11	0.64 times
27 Fri Sep 2024	224.58	230.50	236.50	221.20	0.663 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
24 Thu Oct 2024	214.25	224.50	230.00	202.00	0.325 times
30 Mon Sep 2024	223.32	235.46	247.00	216.51	1.567 times
30 Fri Aug 2024	235.46	240.00	245.00	222.42	0.242 times
31 Wed Jul 2024	238.77	248.35	260.00	215.00	1.03 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 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 Reliance Chemotex stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Reliance Chemotex 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.

Reliance Chemotex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Reliance Chemotex 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 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 213.58 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 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.