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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 2024-05-16 View latest technical analysis

10 day averaged volume of Thirumalai Chemicals is 405802

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	253.00	255.00	255.25	245.15	2.103 times
15 Wed May 2024	255.80	271.90	276.90	254.00	2.892 times
14 Tue May 2024	269.35	263.50	271.70	261.10	1.109 times
13 Mon May 2024	262.15	258.00	264.70	248.35	0.638 times
10 Fri May 2024	257.00	255.00	259.00	250.25	0.64 times
09 Thu May 2024	253.35	264.50	265.65	251.55	0.554 times
08 Wed May 2024	264.65	260.45	266.00	258.00	0.458 times
07 Tue May 2024	260.80	270.35	271.00	260.10	0.723 times
06 Mon May 2024	269.65	267.95	271.55	257.80	1.447 times
03 Fri May 2024	266.20	271.70	271.70	262.20	0.868 times

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

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 250.3, for a target of 259.7 or 267.63

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	245.15
Downside Target	250.25
Upside Target	268.65
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	239.8
Downside Intraday Target	226.6
Upside Intraday Target	271.55
Upside Intraday Target	290.1
Upside Intraday Target	258.35

Weekly technical analysis of Thirumalai Chemicals (TIRUMALCHM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	253.00	258.00	276.90	245.15	1.764 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Thirumalai Chemicals (TIRUMALCHM)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	253.00	274.20	276.90	245.15	0.279 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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.

ADX buy sell signal for Thirumalai Chemicals stock for short term is SELL. Signal strength is Strong 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 getting stronger in this stock.

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 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 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 260.12 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.