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 |
| 22 Fri Nov 2024 | 205.52 | 201.62 to 215.93 | 1.93% | 0.25 times |
| 21 Thu Nov 2024 | 201.62 | 200.10 to 216.10 | -5.09% | 1.07 times |
| 19 Tue Nov 2024 | 212.44 | 211.20 to 218.98 | 0.2% | 0.12 times |
| 18 Mon Nov 2024 | 212.01 | 211.00 to 215.80 | -0.84% | 0.14 times |
| 14 Thu Nov 2024 | 213.80 | 212.00 to 219.60 | 0.44% | 0.1 times |
| 13 Wed Nov 2024 | 212.87 | 211.00 to 222.50 | -2.54% | 0.18 times |
| 12 Tue Nov 2024 | 218.41 | 217.00 to 236.90 | -2.49% | 1.26 times |
| 11 Mon Nov 2024 | 223.99 | 221.50 to 230.90 | -1.88% | 0.5 times |
| 08 Fri Nov 2024 | 228.28 | 211.51 to 248.00 | 7.59% | 6.1 times |
| 07 Thu Nov 2024 | 212.17 | 212.05 to 218.40 | -2.85% | 0.21 times |
| 06 Wed Nov 2024 | 218.40 | 211.37 to 221.70 | 1.54% | 0.3 times |
| 05 Tue Nov 2024 | 215.08 | 211.99 to 219.00 | 0.19% | 0.17 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 trade for tomorrow is selective. Take a sell trade only if Reliance Chemotex Ind Ltd stays below 207.2, but if it comes above 207.2, then a intra day buy could be more profitable.
If you take a sell trade below 207.2, then use 207.2 as stoploss and 199.6 as target. However if you take a buy trade in Reliance Chemotex Ind Ltd, then use 207.2 as stoploss and 213.55 as target.