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(KOTHARIPET) Kothari Petrochem complete technical analysis [charts+indicators] | Buy/Sell Kothari Petrochem | (KOTHARIPET) share price targets

Complete technical analysis of Kothari Petrochem (KOTHARIPET) by charts plus indicators, forecast predictions and share price targets for Kothari Petrochem (KOTHARIPET)

10 day averaged volume of Kothari Petrochem is 185073

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 137.10 139.00 141.50 136.65 0.591 times
21 Tue May 2024 139.00 142.60 145.95 138.10 1.273 times
20 Mon May 2024 141.55 137.90 143.25 137.85 0.412 times
17 Fri May 2024 137.10 133.25 147.50 132.50 5.8 times
16 Thu May 2024 127.50 130.85 130.85 125.80 0.526 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 136.2, but if it comes below 136.2, then a intra day sell could be more profitable.
If you take a sell trade below 136.2, then use 136.2 as stoploss and 131.76 as target. However if you take a buy trade in stock , then use 136.2 as stoploss and 141.6 as target.

Share price targets for Kothari Petrochem (KOTHARIPET)

Target Type Value
Downside Target 108.15
Downside Target 114.30
Downside Target 122.85
Downside Target 131.35
Upside Target 141.75
Upside Target 141.90
Upside Target 142.45
Upside Target 145.95
Upside Target 147.50
Upside Target 156.95
Upside Target 166.30

Intraday share price targets for Kothari Petrochem (KOTHARIPET)

Target Type Value
Downside Intraday Target 133.85
Downside Intraday Target 130.6
Upside Intraday Target 143.15
Upside Intraday Target 149.2
Upside Intraday Target 139.9

Weekly technical analysis of Kothari Petrochem (KOTHARIPET)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 137.10 137.90 145.95 136.65 0.312 times
17 Fri May 2024 137.10 129.90 147.50 124.10 5.837 times
10 Fri May 2024 127.50 133.30 133.50 123.05 1.091 times
03 Fri May 2024 132.70 132.05 134.80 131.35 0.663 times
26 Fri Apr 2024 132.05 132.60 137.60 131.65 0.827 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 Kothari Petrochem (KOTHARIPET)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 137.10 132.55 147.50 123.05 1.244 times
30 Tue Apr 2024 133.20 124.70 141.90 122.85 1.091 times
28 Thu Mar 2024 122.25 135.95 141.75 108.15 0.542 times
29 Thu Feb 2024 133.65 151.00 156.95 114.30 0.662 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 Kothari Petrochem (KOTHARIPET)

Indicator Name Indicator Value Indicator Signal
ADX 31, 12, 45 Buy
MACD 2, 0Buy
Stochastics 66None
CCI 67Sell
RSI 55Buy
OBV 774158Sell
VWAP 136Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Kothari Petrochem ( (KOTHARIPET) ) 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 Kothari Petrochem ( (KOTHARIPET) ) 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 Kothari Petrochem ( (KOTHARIPET) ) based on a short to mid 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 Kothari Petrochem ( (KOTHARIPET) ) based on a mid to longer term time period is

ADX buy sell signal for Kothari Petrochem stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Kothari Petrochem in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Kothari Petrochem 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. 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 coming down

CCI has generated a SELL signal for Kothari Petrochem in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Kothari Petrochem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 135.67 and Kothari Petrochem (KOTHARIPET) 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 Kothari Petrochem (KOTHARIPET) stock. Volume based technical analysis of Kothari Petrochem (KOTHARIPET) stock is negative.

Kothari Petrochem 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.

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