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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 2024-12-27 View latest technical analysis

10 day averaged volume of Reliance Chemotex is 13322

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	210.57	213.26	213.26	210.00	0.217 times
26 Thu Dec 2024	207.53	212.46	213.28	207.00	0.996 times
24 Tue Dec 2024	209.37	214.85	214.85	208.99	0.352 times
23 Mon Dec 2024	210.47	216.02	218.07	209.05	1.135 times
20 Fri Dec 2024	212.86	222.15	224.79	211.10	1.242 times
19 Thu Dec 2024	219.96	218.96	224.80	212.60	2.115 times
18 Wed Dec 2024	218.76	226.74	227.90	214.61	1.403 times
17 Tue Dec 2024	223.48	225.05	229.88	222.33	0.63 times
16 Mon Dec 2024	225.05	227.45	230.00	223.48	0.563 times
13 Fri Dec 2024	223.34	229.98	232.79	221.40	1.011 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 211.7, but if it comes above 211.7, then a intra day buy could be more profitable.
If you take a sell trade below 211.7, then use 211.7 as stoploss and 204.3 as target. However if you take a buy trade in stock , then use 211.7 as stoploss and 217.91 as target.

Share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Target	200.10
Upside Target	216.51
Upside Target	227.99
Upside Target	229.19
Upside Target	230.00
Upside Target	245.00
Upside Target	247.00
Upside Target	248.00
Upside Target	249.00

Intraday share price targets for Reliance Chemotex (RELCHEMQ)

Target Type	Value
Downside Intraday Target	205.69
Downside Intraday Target	200.81
Upside Intraday Target	216.76
Upside Intraday Target	222.95
Upside Intraday Target	211.88

Weekly technical analysis of Reliance Chemotex (RELCHEMQ)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	210.57	216.02	218.07	207.00	0.454 times
20 Fri Dec 2024	212.86	227.45	230.00	211.10	0.28 times
13 Fri Dec 2024	223.34	223.00	249.00	218.01	3.408 times
06 Fri Dec 2024	218.85	210.00	229.19	208.27	0.777 times
29 Fri Nov 2024	208.27	212.99	227.99	205.15	3.517 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
27 Fri Dec 2024	210.57	210.00	249.00	207.00	1.549 times
29 Fri Nov 2024	208.27	223.90	248.00	200.10	2.431 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

Scroll below to view daily charts

Price has moved up 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 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 BUY. 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.

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 below 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 216.76 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.