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(TIRUMALCHM) Thirumalai Chemicals complete technical analysis [charts+indicators] | Buy/Sell Thirumalai Chemicals | (TIRUMALCHM) share price targets

Complete technical analysis of Thirumalai Chemicals (TIRUMALCHM) by charts plus indicators, forecast predictions and share price targets for Thirumalai Chemicals (TIRUMALCHM)

Thirumalai Chemicals trades in NSE in Commodity Chemicals sector.

Showing technical analysis as on 2024-05-15 View latest technical analysis

10 day averaged volume of Thirumalai Chemicals is 342382

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	255.80	271.90	276.90	254.00	3.427 times
14 Tue May 2024	269.35	263.50	271.70	261.10	1.314 times
13 Mon May 2024	262.15	258.00	264.70	248.35	0.756 times
10 Fri May 2024	257.00	255.00	259.00	250.25	0.758 times
09 Thu May 2024	253.35	264.50	265.65	251.55	0.657 times
08 Wed May 2024	264.65	260.45	266.00	258.00	0.543 times
07 Tue May 2024	260.80	270.35	271.00	260.10	0.857 times
06 Mon May 2024	269.65	267.95	271.55	257.80	1.715 times
03 Fri May 2024	266.20	271.70	271.70	262.20	1.028 times
02 Thu May 2024	270.00	274.20	275.60	268.50	0.796 times

Stock of Thirumalai Chemicals (TIRUMALCHM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 261.4, but if it comes above 261.4, then a intra day buy could be more profitable.
If you take a sell trade below 261.4, then use 261.4 as stoploss and 252.2 as target. However if you take a buy trade in stock , then use 261.4 as stoploss and 269 as target.

Share price targets for Thirumalai Chemicals (TIRUMALCHM)

Target Type	Value
Downside Target	204.15
Downside Target	210.45
Downside Target	220.00
Downside Target	237.60
Downside Target	248.35
Upside Target	268.65
Upside Target	271.55
Upside Target	276.90
Upside Target	281.80
Upside Target	283.00
Upside Target	289.85

Intraday share price targets for Thirumalai Chemicals (TIRUMALCHM)

Target Type	Value
Downside Intraday Target	243.8
Downside Intraday Target	231.8
Upside Intraday Target	272.35
Upside Intraday Target	288.9
Upside Intraday Target	260.35

Weekly technical analysis of Thirumalai Chemicals (TIRUMALCHM)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	255.80	258.00	276.90	248.35	1.214 times
10 Fri May 2024	257.00	267.95	271.55	250.25	1.041 times
03 Fri May 2024	266.20	272.75	281.80	262.20	0.605 times
26 Fri Apr 2024	272.30	275.45	283.00	270.00	0.392 times
19 Fri Apr 2024	272.60	261.00	289.85	252.00	1.216 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 Thirumalai Chemicals (TIRUMALCHM)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Wed May 2024	255.80	274.20	276.90	248.35	0.231 times
30 Tue Apr 2024	274.20	240.00	289.85	237.60	1.777 times
28 Thu Mar 2024	233.95	245.50	260.50	204.15	0.45 times
29 Thu Feb 2024	243.25	244.50	268.65	210.45	1.123 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 Thirumalai Chemicals (TIRUMALCHM)

Price action analysis of Thirumalai Chemicals ( (TIRUMALCHM) ) 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 Thirumalai Chemicals ( (TIRUMALCHM) ) 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 Thirumalai Chemicals ( (TIRUMALCHM) ) based on a mid to longer 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.

ADX buy sell signal for Thirumalai Chemicals stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Thirumalai Chemicals in short term but the sell signal is initial and weak.

Thirumalai Chemicals 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Thirumalai Chemicals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Thirumalai Chemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 262.28 and Thirumalai Chemicals (TIRUMALCHM) 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 Thirumalai Chemicals (TIRUMALCHM) stock. Volume based technical analysis of Thirumalai Chemicals (TIRUMALCHM) stock is negative.

Thirumalai Chemicals Stock has given negative returns over a short term period. Returns for a longer term period have been positive

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