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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 2024-11-01 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 5145

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	220.55	223.90	223.90	216.51	0.304 times
31 Thu Oct 2024	218.24	213.54	224.50	211.61	1.852 times
30 Wed Oct 2024	213.28	201.50	215.58	201.50	0.829 times
29 Tue Oct 2024	204.96	209.13	209.57	202.52	0.435 times
28 Mon Oct 2024	207.89	207.80	209.95	205.15	0.49 times
25 Fri Oct 2024	207.80	210.60	211.69	205.25	1.005 times
24 Thu Oct 2024	214.25	210.50	218.01	203.72	1.406 times
23 Wed Oct 2024	206.47	202.00	209.38	202.00	0.295 times
22 Tue Oct 2024	207.03	210.48	214.65	206.00	0.731 times
21 Mon Oct 2024	210.48	214.30	218.36	209.95	2.194 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 219.3, but if it comes below 219.3, then a intra day sell could be more profitable.
If you take a sell trade below 219.3, then use 219.3 as stoploss and 214.19 as target. However if you take a buy trade in stock , then use 219.3 as stoploss and 225.5 as target.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	201.50
Downside Target	210.91
Upside Target	223.30
Upside Target	223.90
Upside Target	224.50
Upside Target	226.35
Upside Target	230.00
Upside Target	245.00
Upside Target	247.00
Upside Target	260.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	206.53
Downside Intraday Target	192.52
Upside Intraday Target	229.53
Upside Intraday Target	238.52
Downside Intraday Target	215.52

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	220.55	207.80	224.50	201.50	0.694 times
25 Fri Oct 2024	207.80	214.30	218.36	202.00	1.14 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

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
01 Fri Nov 2024	220.55	223.90	223.90	216.51	0.012 times
31 Thu Oct 2024	218.24	224.50	230.00	201.50	0.399 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

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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

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

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 stronger in this stock.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 212.05 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 negative.

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