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NSE Stock RELCHEMQ_BE Historical charts - Reliance Chemotex Ind Ltd

Historical charts for Stock RELCHEMQ_BE - Share Reliance Chemotex Ind Ltd trades in NSE

Moving Averages for

  • 5Day Average: 196.42
  • 12Day Average: 199.54
  • 20Day Average: 208.44
  • 50Day Average: 234.4

RELCHEMQ_BE Indicators & signals

Indicator MACD (12,26,9)

200.38, 212.28, -12.32
Indicator MACD is in negative zone

Indicator ADX (14)

38.6, 11.53, 26.03
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 36
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of RELCHEMQ_BE are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Mar 2024 192.20 186.80 to 196.50 -0.8% 3.46 times
21 Thu Mar 2024 193.75 191.20 to 203.85 -2.64% 3.55 times
20 Wed Mar 2024 199.00 192.50 to 203.50 -0.5% 0.52 times
19 Tue Mar 2024 200.00 195.10 to 204.00 1.45% 0.16 times
18 Mon Mar 2024 197.15 190.55 to 203.70 1.47% 1.12 times
15 Fri Mar 2024 194.30 187.00 to 199.00 1.07% 0.3 times
14 Thu Mar 2024 192.25 181.00 to 192.25 2.73% 0.42 times
13 Wed Mar 2024 187.15 187.15 to 196.90 -5% 0.61 times
12 Tue Mar 2024 197.00 197.00 to 204.00 -4.99% 1.15 times
11 Mon Mar 2024 207.35 204.05 to 211.85 -2.95% 0.19 times
07 Thu Mar 2024 213.65 209.65 to 220.00 -3.17% 1.99 times
06 Wed Mar 2024 220.65 210.20 to 226.95 0.09% 0.34 times

Technical analysis forecast for RELCHEMQ_BE Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT RELCHEMQ_BE RELCHEMQ_BE at this time. Stock is falling and might fall more.

It appears as if RELCHEMQ_BE RELCHEMQ_BE gave a large move recently.

Stock of RELCHEMQ_BE (RELCHEMQ_BE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of RELCHEMQ_BE is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if RELCHEMQ_BE stays below 193.9, but if it comes above 193.9, then a intra day buy could be more profitable.
If you take a sell trade below 193.9, then use 193.9 as stoploss and 178.2 as target. However if you take a buy trade in RELCHEMQ_BE, then use 193.9 as stoploss and 207.07 as target.

Tomorrow's movement Prediction of RELCHEMQ_BE appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Tomorrow's movement Prediction of RELCHEMQ_BE is showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.

Munafa value: 49

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NSE Stock RELCHEMQ_BE Historical charts - Share Reliance Chemotex Ind Ltd

 

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