Login or Join
 Learn then Earn

(KOTHARIPET) Kothari Petrochem complete technical analysis [charts+indicators] | Buy/Sell Kothari Petrochem | (KOTHARIPET) share price targets

Complete technical analysis of Kothari Petrochem (KOTHARIPET) by charts plus indicators, forecast predictions and share price targets for Kothari Petrochem (KOTHARIPET)

10 day averaged volume of Kothari Petrochem is 113428

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 191.80 187.95 197.94 187.20 1.872 times
22 Fri Nov 2024 187.35 185.00 190.30 184.01 0.478 times
21 Thu Nov 2024 185.62 191.00 191.00 183.27 0.636 times
19 Tue Nov 2024 190.82 188.00 197.00 185.93 1.217 times
18 Mon Nov 2024 185.22 188.00 188.37 181.92 0.686 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 189.8 as stoploss in an intra day buy trade for a target of 203.44. However, stock will show a bearish move below 189.8.

Share price targets for Kothari Petrochem (KOTHARIPET)

Target Type Value
Downside Target 135.80
Downside Target 159.36
Downside Target 181.92
Upside Target 195.00
Upside Target 203.70
Upside Target 212.96
Upside Target 226.85
Upside Target 229.80
Upside Target 245.00
Upside Target 250.40
Upside Target 267.42

Intraday share price targets for Kothari Petrochem (KOTHARIPET)

Target Type Value
Downside Intraday Target 186.69
Downside Intraday Target 181.57
Upside Intraday Target 197.43
Upside Intraday Target 203.05
Upside Intraday Target 192.31

Weekly technical analysis of Kothari Petrochem (KOTHARIPET)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 191.80 187.95 197.94 187.20 0.621 times
22 Fri Nov 2024 187.35 188.00 197.00 181.92 0.821 times
14 Thu Nov 2024 187.68 200.85 204.45 184.82 0.481 times
08 Fri Nov 2024 200.02 222.00 226.85 198.02 3.521 times
01 Fri Nov 2024 225.68 203.70 229.80 203.70 0.857 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 Kothari Petrochem (KOTHARIPET)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 191.80 229.00 229.80 181.92 0.439 times
31 Thu Oct 2024 223.64 233.99 250.40 195.00 0.566 times
30 Mon Sep 2024 229.03 239.55 267.42 212.96 0.539 times
30 Fri Aug 2024 235.90 180.40 245.00 159.36 1.337 times

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 Kothari Petrochem (KOTHARIPET)

Indicator Name Indicator Value Indicator Signal
ADX 20, 23, 7 Sell
MACD -14, -12Sell
Stochastics 20Sell
CCI 3Buy
RSI 56Buy
OBV -718152Sell
VWAP 193Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Kothari Petrochem ( (KOTHARIPET) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Kothari Petrochem ( (KOTHARIPET) ) 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 Kothari Petrochem ( (KOTHARIPET) ) 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 Kothari Petrochem ( (KOTHARIPET) ) 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 Kothari Petrochem stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Kothari Petrochem in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Kothari Petrochem 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Kothari Petrochem in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Kothari Petrochem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 192.51 and Kothari Petrochem (KOTHARIPET) 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 Kothari Petrochem (KOTHARIPET) stock. Volume based technical analysis of Kothari Petrochem (KOTHARIPET) stock is negative.

Kothari Petrochem Stock has given negative 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.

Click here for Kothari Petrochem charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme