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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 168652

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 143.17 139.40 147.50 135.08 3.157 times
20 Thu Jun 2024 137.87 137.05 143.39 135.40 1.619 times
19 Wed Jun 2024 135.71 137.40 137.95 134.17 0.588 times
18 Tue Jun 2024 136.03 136.80 141.12 133.41 1.586 times
14 Fri Jun 2024 134.76 136.75 138.37 134.00 0.482 times

Stock of Kothari Petrochem (KOTHARIPET) has showed a significant upmove. This could be a good time to enter in this stock!

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 142, for a target of 136.7 or 132.32

Share price targets for Kothari Petrochem (KOTHARIPET)

Target Type Value
Downside Target 108.15
Downside Target 114.30
Downside Target 117.30
Downside Target 122.85
Downside Target 131.74
Downside Target 138.37
Downside Target 141.75
Downside Target 141.90
Upside Target 145.95
Upside Target 147.50
Upside Target 156.95

Intraday share price targets for Kothari Petrochem (KOTHARIPET)

Target Type Value
Downside Intraday Target 135.22
Downside Intraday Target 127.27
Upside Intraday Target 149.31
Upside Intraday Target 155.45
Downside Intraday Target 141.36

Weekly technical analysis of Kothari Petrochem (KOTHARIPET)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 143.17 136.80 147.50 133.41 2.792 times
14 Fri Jun 2024 134.76 133.20 138.37 131.74 0.953 times
07 Fri Jun 2024 132.50 133.00 134.50 117.30 1.275 times
31 Fri May 2024 126.55 133.50 134.60 125.20 0.651 times
24 Fri May 2024 133.35 137.90 145.95 132.00 0.392 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 Kothari Petrochem (KOTHARIPET)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 143.17 133.00 147.50 117.30 0.792 times
31 Fri May 2024 126.55 132.55 147.50 123.05 1.511 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

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 32, 9, 55 Buy
MACD 3, 2Buy
Stochastics 71Buy
CCI 201Buy
RSI 58Buy
OBV 931917Sell
VWAP 138Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

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 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 gaining 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 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 Kothari Petrochem in short term and BUY signal is strong.

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 137.98 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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