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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 2024-11-27 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 11171

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	212.47	218.95	223.97	211.00	2.17 times
26 Tue Nov 2024	215.70	221.90	227.99	211.46	1.13 times
25 Mon Nov 2024	213.50	212.99	225.50	208.01	2.644 times
22 Fri Nov 2024	205.52	205.65	215.93	201.62	0.434 times
21 Thu Nov 2024	201.62	212.44	216.10	200.10	1.83 times
19 Tue Nov 2024	212.44	213.00	218.98	211.20	0.213 times
18 Mon Nov 2024	212.01	213.80	215.80	211.00	0.242 times
14 Thu Nov 2024	213.80	217.05	219.60	212.00	0.174 times
13 Wed Nov 2024	212.87	222.50	222.50	211.00	0.311 times
12 Tue Nov 2024	218.41	225.90	236.90	217.00	2.162 times

Stock of Reliance Chemotex (RELCHEMQ) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 208.4 or till 201.1. Use a stoploss of 214.4 and if the stock hits stoploss, then it can shoot up till 220.42

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	200.10
Downside Target	208.01
Upside Target	224.50
Upside Target	227.99
Upside Target	230.00
Upside Target	236.90
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	204.32
Downside Intraday Target	196.18
Upside Intraday Target	224.3
Upside Intraday Target	236.14
Upside Intraday Target	216.16

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	212.47	212.99	227.99	208.01	2.186 times
22 Fri Nov 2024	205.52	213.80	218.98	200.10	0.776 times
14 Thu Nov 2024	213.80	230.90	236.90	211.00	0.295 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	212.47	223.90	248.00	200.10	2.115 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 down this month, and volume has increased substantially. This means that the move can 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 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 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. Bears are weakening, and bulls are picking up momentum!

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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Reliance Chemotex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 212.17 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.