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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 86033

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 134.76 136.75 138.37 134.00 0.945 times
13 Thu Jun 2024 134.72 136.28 136.85 134.01 0.552 times
12 Wed Jun 2024 135.28 134.00 136.81 131.74 1.26 times
11 Tue Jun 2024 133.20 135.35 135.35 132.60 0.601 times
10 Mon Jun 2024 134.09 133.20 136.45 132.21 1.523 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 136.7 as stoploss in an intra day sell trade for a target of 132.32. However, stock will show a bullish move above 136.7.

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
Upside Target 138.37
Upside Target 141.75
Upside 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 131.54
Downside Intraday Target 128.33
Upside Intraday Target 138.17
Upside Intraday Target 141.59
Upside Intraday Target 134.96

Weekly technical analysis of Kothari Petrochem (KOTHARIPET)

Date Weekly Closing Price Open High Low Volume
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
17 Fri May 2024 137.10 129.90 147.50 124.10 5.837 times

Price has moved up 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
14 Fri Jun 2024 134.76 133.00 138.37 117.30 0.335 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 26, 18, 20 Buy
MACD 1, 0Buy
Stochastics 88Buy
CCI 85Buy
RSI 55Buy
OBV 762847Sell
VWAP 131Buy
ADL 0Sell
ROC 6Buy
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 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 Kothari Petrochem ( (KOTHARIPET) ) 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 Kothari Petrochem stock for short term is BUY. Signal strength is Weak 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Kothari Petrochem is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 131.33 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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