BASF - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.2

Here’s a detailed technical analysis of BASF India Ltd

📊 Trend Overview

Current Trend: Weak bearish to neutral

Status: The stock is consolidating, with signs of a potential reversal if momentum improves.

📈 Moving Averages

DMA 50: ₹4,722

DMA 200: ₹4,920

Current Price: ₹4,650

🔹 Price is below both 50-DMA and 200-DMA, indicating short-term and medium-term weakness. The 50-DMA is acting as immediate resistance.

📉 Momentum Indicators

RSI (14-day): 48.5 — Neutral zone, no strong overbought/oversold signal.

MACD: -20.1 — Bearish crossover, suggesting downward momentum.

Volume: 13,496 vs 1-week avg of 12,687 — Slightly above average, but not enough to confirm a breakout.

📊 Bollinger Bands

Price is near the middle band, indicating low volatility and lack of directional bias.

🔍 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 4,500 Minor support, recent bounce zone

Support 2 4,065 52-week low, strong base

Resistance 1 4,722 50-DMA, immediate resistance

Resistance 2 4,920 200-DMA, medium-term resistance

Resistance 3 5,200 Previous swing high

🎯 Entry & Exit Zones

Optimal Entry: ₹4,500–₹4,600 range, if price holds above support with volume confirmation.

Exit Zone: ₹4,900–₹5,200 for short-term traders; ₹5,500+ if trend reversal confirms.

⚠️ Short-Term Signals

MACD bearish, RSI neutral, and price below key averages suggest limited upside unless momentum improves.

Volume is stable but lacks conviction for a breakout.

🧭 Summary

Trend: Consolidating with bearish undertone

Momentum: Weak; MACD and moving averages indicate caution

Technical Rating: 3.2 — Neutral to mildly bearish, with potential if price reclaims 50-DMA

Sources: TradingView Technicals

1

, ETMoney BASF Analysis

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Would you like a forecast model or peer comparison with other chemical sector stocks like Deepak Nitrite or SRF?

1

in.tradingview.com

2

www.etmoney.com

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