(BasfIndia) Basf India complete technical analysis [charts+indicators] | Buy/Sell Basf India | (BasfIndia) share price targets
Complete technical analysis of Basf India (BasfIndia) by charts plus indicators, forecast predictions and share price targets for Basf India (BasfIndia)
10 day averaged volume of Basf India is 1361
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 2729.70 | 2662.95 | 2735.00 | 2658.90 | 2.14 times |
| 05 Mon Dec 2022 | 2653.65 | 2709.90 | 2709.90 | 2641.15 | 1.279 times |
| 02 Fri Dec 2022 | 2664.05 | 2673.95 | 2696.80 | 2641.05 | 1.049 times |
| 01 Thu Dec 2022 | 2671.00 | 2666.05 | 2675.05 | 2643.15 | 0.301 times |
| 30 Wed Nov 2022 | 2660.15 | 2619.05 | 2665.00 | 2619.05 | 0.369 times |
| 29 Tue Nov 2022 | 2622.85 | 2625.05 | 2657.75 | 2618.15 | 0.93 times |
| 28 Mon Nov 2022 | 2640.60 | 2635.05 | 2675.15 | 2635.05 | 0.952 times |
| 25 Fri Nov 2022 | 2658.95 | 2674.70 | 2681.10 | 2655.30 | 0.208 times |
| 24 Thu Nov 2022 | 2662.10 | 2749.95 | 2749.95 | 2653.80 | 2.012 times |
| 23 Wed Nov 2022 | 2698.30 | 2715.00 | 2727.00 | 2693.85 | 0.931 times |
Stock of Basf India (BasfIndia) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2713.3, but if it comes below 2713.3, then a intra day sell could be more profitable.
If you take a sell trade below 2713.3, then use 2713.3 as stoploss and 2672.64 as target. However if you take a buy trade in stock , then use 2713.3 as stoploss and 2762 as target.
Share price targets for Basf India (BasfIndia)
| Target Type | Value |
| Downside Target | 2590.80 |
| Downside Target | 2695.65 |
| Upside Target | 2735.00 |
| Upside Target | 2750.00 |
| Upside Target | 2765.00 |
| Upside Target | 2782.05 |
| Upside Target | 2798.00 |
| Upside Target | 3000.00 |
| Upside Target | 3029.95 |
| Upside Target | 3346.15 |
| Upside Target | 3525.00 |
Intraday share price targets for Basf India (BasfIndia)
| Target Type | Value |
| Downside Intraday Target | 2668.9 |
| Downside Intraday Target | 2608.1 |
| Upside Intraday Target | 2762.75 |
| Upside Intraday Target | 2795.8 |
| Downside Intraday Target | 2701.95 |
Weekly technical analysis of Basf India (BasfIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 2729.70 | 2709.90 | 2735.00 | 2641.15 | 0.95 times |
| 02 Fri Dec 2022 | 2664.05 | 2635.05 | 2696.80 | 2618.15 | 0.376 times |
| 25 Fri Nov 2022 | 2658.95 | 2654.00 | 2765.00 | 2634.70 | 2.023 times |
| 18 Fri Nov 2022 | 2639.65 | 2648.05 | 2705.00 | 2590.80 | 0.61 times |
| 11 Fri Nov 2022 | 2665.65 | 2796.60 | 2798.00 | 2628.95 | 0.731 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 Basf India (BasfIndia)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 2729.70 | 2666.05 | 2735.00 | 2641.05 | 0.145 times |
| 30 Wed Nov 2022 | 2660.15 | 2882.40 | 3000.00 | 2590.80 | 0.489 times |
| 31 Mon Oct 2022 | 2869.90 | 2951.05 | 3029.95 | 2750.00 | 0.976 times |
| 30 Fri Sep 2022 | 2974.70 | 3312.65 | 3346.15 | 2782.05 | 0.901 times |
Scroll below to view daily charts
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 Basf India (BasfIndia)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 21, 17, 12 | Buy |
| MACD | -82, -98 | Buy |
| Stochastics | 47 | None |
| CCI | 136 | Buy |
| RSI | 58 | Buy |
| OBV | -5130 | Sell |
| VWAP | 2673 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Basf India ( (BasfIndia) ) 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 Basf India ( (BasfIndia) ) based on a short term time period is
Price action analysis of Basf India ( (BasfIndia) ) 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 Basf India ( (BasfIndia) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Basf India stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Basf India 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.
Basf India 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. Bears are weakening, and bulls 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 Basf India 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Basf India is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2673.3 and Basf India (BasfIndia) 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 Basf India (BasfIndia) stock. Volume based technical analysis of Basf India (BasfIndia) stock is negative.
Basf India Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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