Homepage Active Options Active Stocks

Stock analysis BASF India Limited BASF

More indepth analysis on MunafaSutra.com

Moving Averages for BASF India Limited

  • 5Day Average: 4510.37
  • 12Day Average: 4293.37
  • 20Day Average: 4034.29
  • 50Day Average: 3652.28
  • 100Day Average: 3389.75
  • 150Day Average: 3191.2
  • 200Day Average: 3048.15

BASF Indicators & signals

Indicator MACD (12,26,9)

4305.16, 4035.66, 213.39
Indicator MACD is in positive zone

Indicator ADX (14)

62.69, 31.94, 7.32
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 63
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BASF BASF India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Fri May 2024 4640.15 4586.00 to 4694.55 0.38% 0.28 times
16 Thu May 2024 4622.55 4521.25 to 4716.40 1.04% 0.64 times
15 Wed May 2024 4574.80 4560.25 to 4739.40 -0.92% 1.34 times
14 Tue May 2024 4617.45 4070.10 to 4690.75 12.71% 4.54 times
13 Mon May 2024 4096.90 4025.00 to 4273.80 -2.99% 0.23 times
10 Fri May 2024 4223.00 3956.45 to 4250.00 5.04% 0.38 times
09 Thu May 2024 4020.20 4001.00 to 4252.55 -4.99% 0.31 times
08 Wed May 2024 4231.35 4087.85 to 4320.00 2.05% 0.38 times
07 Tue May 2024 4146.20 4100.00 to 4260.00 -2.93% 0.28 times
06 Mon May 2024 4271.25 4016.05 to 4377.00 5.14% 1.37 times
03 Fri May 2024 4062.50 3950.00 to 4100.00 1.21% 0.5 times
02 Thu May 2024 4014.10 3725.75 to 4040.00 7.43% 1.24 times

Technical analysis forecast of BASF India Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in BASF India Limited BASF at this time. Stock is rising and might rise more.

It appears as if BASF India Limited BASF gave a large move recently.

Stock of BASF India Limited (BASF) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of BASF India Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if BASF India Limited stays above 4502.9, but if it comes below 4502.9, then a intra day sell could be more profitable.
If you take a sell trade below 4502.9, then use 4502.9 as stoploss and 4132.86 as target. However if you take a buy trade in BASF India Limited, then use 4502.9 as stoploss and 4946.9 as target.

More indepth analysis on MunafaSutra.com