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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 2024-05-31 View latest technical analysis

10 day averaged volume of Thirumalai Chemicals is 455960

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	254.40	253.00	257.40	252.00	0.45 times
30 Thu May 2024	254.65	255.80	259.90	252.80	0.897 times
29 Wed May 2024	253.75	256.05	257.20	253.25	0.368 times
28 Tue May 2024	256.55	254.50	258.80	252.00	0.887 times
27 Mon May 2024	255.15	262.00	262.00	254.40	0.69 times
24 Fri May 2024	258.30	262.05	265.80	257.20	0.61 times
23 Thu May 2024	263.85	259.50	268.00	257.95	0.634 times
22 Wed May 2024	261.30	263.10	264.15	259.05	0.543 times
21 Tue May 2024	263.05	263.30	266.00	258.35	1.34 times
18 Sat May 2024	262.20	266.40	267.00	261.15	0.197 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 254.6, but if it comes above 254.6, then a intra day buy could be more profitable.
If you take a sell trade below 254.6, then use 254.6 as stoploss and 248.5 as target. However if you take a buy trade in stock , then use 254.6 as stoploss and 259.67 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	245.15
Downside Target	250.25
Upside Target	268.00
Upside Target	268.65
Upside Target	271.55
Upside Target	276.90
Upside Target	281.80
Upside Target	289.85

Intraday share price targets for Thirumalai Chemicals (TIRUMALCHM)

Target Type	Value
Downside Intraday Target	250.27
Downside Intraday Target	246.13
Upside Intraday Target	260.27
Upside Intraday Target	266.13
Upside Intraday Target	256.13

Weekly technical analysis of Thirumalai Chemicals (TIRUMALCHM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	254.40	262.00	262.00	252.00	1.053 times
24 Fri May 2024	258.30	263.30	268.00	257.20	0.312 times
18 Sat May 2024	262.20	258.00	276.90	245.15	2.949 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

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
31 Fri May 2024	254.40	274.20	276.90	245.15	0.55 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

Thirumalai Chemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 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 258.58 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 negative.

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