BASF - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Technical Analysis Summary for BASF India Ltd.

Technical Rating: 3.1

BASF is currently in a consolidation phase with mixed signals across indicators. While the stock has rebounded from its lows and is hovering near key moving averages, momentum remains neutral and volume trends suggest indecision.

📈 Trend Status

Trend: Consolidating after a sharp decline from 52-week highs

Chart Patterns: Descending triangle and symmetrical triangle formations observed

Price Action: Trading near both 50 DMA (₹5,004) and 200 DMA (₹5,039), indicating range-bound movement

📊 Momentum Indicators

RSI (50.1): Neutral zone; no clear overbought/oversold signal

MACD (-4.71): Slightly negative, suggesting weak momentum

Volume: Slightly above average (26.8K vs 24.4K), but not indicative of strong conviction

📉 Moving Averages

Indicator Value Signal

50 DMA ₹5,004 Price slightly above – neutral

200 DMA ₹5,039 Price slightly below – neutral

EMA (short-term) ~₹5,015 Price near EMA – consolidation

📊 Bollinger Bands

Price near middle band, indicating lack of directional bias

Band width narrowing, suggesting low volatility and potential breakout setup

🔍 Support & Resistance Zones

Level Price (₹)

Support 1 4,908

Support 2 4,805

Resistance 1 5,132

Resistance 2 5,253

Resistance 3 5,356

🎯 Entry & Exit Zones

Optimal Entry: ₹4,900–₹5,000 (near support and moving averages)

Exit Zone: ₹5,250–₹5,350 (approaching resistance and breakout levels)

🧭 Conclusion

BASF is consolidating with neutral momentum. A breakout above ₹5,132–₹5,253 could trigger bullish momentum, while failure to hold ₹4,900 may invite downside risk. Traders may consider range-bound strategies or wait for confirmation of trend direction.

Would you like a visual chart overlay or comparison with other specialty chemical stocks?

Edit in a page