Stock analysis Reliance Chemotex Ind Ltd RELCHEMQ
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Recent prices of RELCHEMQ Reliance Chemotex Ind Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 31 Fri Jan 2025 | 190.33 | 185.00 to 197.99 | 0.74% | 6.64 times |
| 30 Thu Jan 2025 | 188.93 | 185.11 to 194.49 | 1.4% | 1.1 times |
| 29 Wed Jan 2025 | 186.33 | 179.51 to 187.01 | 4.88% | 1.01 times |
| 28 Tue Jan 2025 | 177.66 | 175.00 to 186.70 | -4.41% | 1.14 times |
| 27 Mon Jan 2025 | 185.86 | 184.61 to 192.85 | -3.62% | 0.41 times |
| 24 Fri Jan 2025 | 192.85 | 190.00 to 197.40 | -1.68% | 0.76 times |
| 23 Thu Jan 2025 | 196.14 | 195.21 to 199.95 | -0.66% | 0.61 times |
| 22 Wed Jan 2025 | 197.45 | 195.02 to 199.95 | -0.37% | 1.1 times |
| 21 Tue Jan 2025 | 198.19 | 195.00 to 202.00 | -1.84% | 1.11 times |
| 20 Mon Jan 2025 | 201.91 | 199.00 to 204.95 | 1.97% | 1.9 times |
| 17 Fri Jan 2025 | 198.01 | 196.48 to 202.00 | -0.22% | 0.86 times |
| 16 Thu Jan 2025 | 198.44 | 197.50 to 216.00 | -0.32% | 3.51 times |
Technical analysis forecast for Reliance Chemotex Ind Ltd 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 Reliance Chemotex Ind Ltd RELCHEMQ at this time. Stock is falling and might fall more.
It appears as if Reliance Chemotex Ind Ltd RELCHEMQ gave a large move recently.
Stock of Reliance Chemotex Ind Ltd (RELCHEMQ) 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 Reliance Chemotex Ind Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 188.1 as stoploss in an intra day buy trade for a target of 196.04. However, stock will show a bearish move below 188.1.