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(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 704

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Sep 2023	2535.70	2558.95	2628.55	2509.00	2.634 times
27 Wed Sep 2023	2538.05	2567.00	2628.75	2527.50	1.548 times
26 Tue Sep 2023	2565.60	2558.00	2575.00	2540.10	0.486 times
25 Mon Sep 2023	2562.90	2580.00	2580.00	2547.70	0.916 times
22 Fri Sep 2023	2579.55	2622.05	2623.90	2576.10	1.003 times
21 Thu Sep 2023	2620.95	2670.85	2670.85	2610.00	0.815 times
20 Wed Sep 2023	2670.80	2697.75	2697.75	2665.55	0.388 times
18 Mon Sep 2023	2697.75	2687.05	2715.10	2671.05	0.885 times
15 Fri Sep 2023	2702.05	2755.10	2761.20	2677.15	1.714 times
14 Thu Sep 2023	2776.20	2752.05	2795.00	2730.00	1.426 times

Stock of Basf India (BasfIndia) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2589.2, but if it comes above 2589.2, then a intra day buy could be more profitable.
If you take a sell trade below 2589.2, then use 2589.2 as stoploss and 2474.5 as target. However if you take a buy trade in stock , then use 2589.2 as stoploss and 2684.78 as target.

Share price targets for Basf India (BasfIndia)

Target Type	Value
Downside Target	2289.60
Downside Target	2480.00
Upside Target	2628.75
Upside Target	2677.10
Upside Target	2677.15
Upside Target	2715.10
Upside Target	2766.20
Upside Target	2787.95
Upside Target	2865.35
Upside Target	2874.95

Intraday share price targets for Basf India (BasfIndia)

Target Type	Value
Downside Intraday Target	2486.88
Downside Intraday Target	2438.07
Upside Intraday Target	2606.63
Upside Intraday Target	2677.57
Upside Intraday Target	2557.82

Weekly technical analysis of Basf India (BasfIndia)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Sep 2023	2535.70	2580.00	2628.75	2509.00	1.807 times
22 Fri Sep 2023	2579.55	2687.05	2715.10	2576.10	0.389 times
15 Fri Sep 2023	2702.05	2874.95	2874.95	2677.15	0.797 times
08 Fri Sep 2023	2819.50	2631.00	2865.35	2631.00	0.829 times
01 Fri Sep 2023	2625.55	2514.95	2659.00	2494.90	2.104 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Basf India (BasfIndia)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Thu Sep 2023	2535.70	2635.00	2874.95	2509.00	0.976 times
31 Thu Aug 2023	2641.20	2740.00	2787.95	2480.00	0.646 times
31 Mon Jul 2023	2738.45	2637.00	2766.20	2530.70	1.242 times
30 Fri Jun 2023	2631.30	2490.05	2677.10	2488.40	0.833 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Basf India ( (BasfIndia) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Basf India ( (BasfIndia) ) based on a short 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.

Price action analysis of Basf India ( (BasfIndia) ) based on a short to mid 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.

Price action analysis of Basf India ( (BasfIndia) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Basf India stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Basf India in short term and the sell signal is strong.

Basf India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Basf India in short term and SELL 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 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 2618.69 and Basf India (BasfIndia) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.