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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 2024-11-11 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 15290

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	223.99	230.90	230.90	221.50	0.627 times
08 Fri Nov 2024	228.28	214.80	248.00	211.51	7.639 times
07 Thu Nov 2024	212.17	218.40	218.40	212.05	0.264 times
06 Wed Nov 2024	218.40	215.08	221.70	211.37	0.379 times
05 Tue Nov 2024	215.08	214.69	219.00	211.99	0.208 times
04 Mon Nov 2024	214.68	223.00	223.00	214.20	0.195 times
01 Fri Nov 2024	220.55	223.90	223.90	216.51	0.102 times
31 Thu Oct 2024	218.24	213.54	224.50	211.61	0.623 times
30 Wed Oct 2024	213.28	201.50	215.58	201.50	0.279 times
29 Tue Oct 2024	204.96	209.13	209.57	202.52	0.146 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 220, but if it comes below 220, then a intra day sell could be more profitable.
If you take a sell trade below 220, then use 220 as stoploss and 214.2 as target. However if you take a buy trade in stock , then use 220 as stoploss and 227 as target.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	201.50
Downside Target	210.91
Downside Target	223.30
Upside Target	224.50
Upside Target	230.00
Upside Target	230.90
Upside Target	245.00
Upside Target	247.00
Upside Target	248.00
Upside Target	260.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	220.03
Downside Intraday Target	216.06
Upside Intraday Target	229.43
Upside Intraday Target	234.86
Upside Intraday Target	225.46

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	223.99	230.90	230.90	221.50	0.072 times
08 Fri Nov 2024	228.28	223.00	248.00	211.37	6.604 times
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

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
11 Mon Nov 2024	223.99	223.90	248.00	211.37	1.126 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Reliance Chemotex in short term but SELL signal is weak.

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 225.34 and Reliance Chemotex (RELCHEMQ) stock is trading below this level. This means that stock is falling with high volumes. 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.