Is CHEMFAB ALKALIS in uptrend or downtrend?

In the short term price movements in CHEMFAB share indicates the market is Bearish but has taken halt for sometime.

What is CHEMFAB ALKALIS share price forecast for tomorrow?

In Chemfab Alkalis Limited stock current resistance level is at 463 and support level is at 391. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bearish.

What are CHEMFAB ALKALIS support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Chemfab Alkalis Limited in the short-term, the supply zone around 463 and 460. Hence, good chances of resistance around 460. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Chemfab Alkalis Limited share is around 391 and 390. Hence, good chances for support around 390.

Why is CHEMFAB ALKALIS share price falling today?

Latest analysis on CHEMFAB stock suggest, as per it's price structure, it is making lower highs and lower lows on intraday charts. This represents a bearish trend. That's why CHEMFAB stock is having a fall today. Perhaps it's worth looking at the long-term and mid-term trend analysis of CHEMFAB stock to understand the overall trend.

CHEMFAB ALKALIS Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data