Login or Join
 Learn then Earn

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

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

10 day averaged volume of Bodal Chemicals is 597112

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 77.97 78.44 79.50 77.10 1.293 times
13 Thu Jun 2024 77.75 74.60 79.25 74.50 2.986 times
12 Wed Jun 2024 74.32 75.50 75.90 74.05 0.719 times
11 Tue Jun 2024 74.93 74.15 75.89 73.70 0.88 times
10 Mon Jun 2024 73.74 72.90 74.74 72.80 0.839 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 78.4, for a target of 75.5 or 73.01

Share price targets for Bodal Chemicals (BODALCHEM)

Target Type Value
Downside Target 65.80
Downside Target 70.50
Downside Target 72.15
Downside Target 77.20
Upside Target 79.50
Upside Target 79.80
Upside Target 87.20
Upside Target 91.20
Upside Target 100.95

Intraday share price targets for Bodal Chemicals (BODALCHEM)

Target Type Value
Downside Intraday Target 74.01
Downside Intraday Target 70.06
Upside Intraday Target 80.71
Upside Intraday Target 83.46
Downside Intraday Target 76.76

Weekly technical analysis of Bodal Chemicals (BODALCHEM)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 77.97 72.90 79.50 72.80 2.046 times
07 Fri Jun 2024 72.35 73.50 73.95 65.80 1.034 times
31 Fri May 2024 70.95 76.90 77.20 70.50 0.427 times
24 Fri May 2024 76.45 74.50 79.80 72.15 2.73 times
17 Fri May 2024 74.10 72.85 75.15 70.50 0.796 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 Bodal Chemicals (BODALCHEM)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 77.97 73.50 79.50 65.80 0.498 times
31 Fri May 2024 70.95 78.20 79.80 70.50 0.564 times
30 Tue Apr 2024 77.80 74.90 87.20 74.70 0.38 times
28 Thu Mar 2024 73.45 84.70 100.95 72.60 1.808 times

Price has moved up 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 Bodal Chemicals (BODALCHEM)

Indicator Name Indicator Value Indicator Signal
ADX 32, 13, 43 Buy
MACD -0, -2Buy
Stochastics 87Buy
CCI 130Buy
RSI 51Buy
OBV 6224589Sell
VWAP 74Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals ( (BODALCHEM) ) based on a mid to longer term time period is

ADX buy sell signal for Bodal Chemicals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bodal Chemicals 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.

Bodal Chemicals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bodal Chemicals in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bodal Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 74.45 and Bodal Chemicals (BODALCHEM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Bodal Chemicals (BODALCHEM) stock. Volume based technical analysis of Bodal Chemicals (BODALCHEM) stock is negative.

Bodal Chemicals Stock is giving positive 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.

Click here for Bodal Chemicals charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme