BASF India stock trades around ₹3,820 as of early January 8, 2026, near the user's CMP of ₹3,815, amid a strong multi-month uptrend from ₹3,000 lows but recent pullback signals. Technicals show bearish bias with all moving averages and indicators signaling sell, favoring sell for profits on downside momentum. Overall trend remains upward long-term, but short-term correction likely due to overextension.
Technical View
Price corrected from ₹5,364 peak on January 8 (possibly intraday high) to ₹5,193 close, now stabilizing near ₹3,800–₹3,900 in lower rising trend part. RSI(14) at 38.9 (sell), STOCH oversold at 22.7, MACD -3.95 bearish, ADX 28 confirming downtrend strength. High volatility (ATR 43) supports range trading.
Support & Resistance
Level Support (₹) Resistance (₹)
Immediate 3,800–3,820
3,915–3,985
Major 3,758–3,875
4,447–4,481
Strong 3,600–3,700
4,919–4,996
Trading Strategy
Sell rallies below ₹3,985 for downside profits, as signals point to correction toward supports.
Targets: ₹3,750 (short), ₹3,600 (medium), ₹3,400 (long correction)
Stop Loss: ₹3,990 (above recent highs)
Timeframe Views
Short-term (1–5 days): Sell bias; target ₹3,750 if breaks ₹3,820, oversold bounce possible.
Medium-term (1–4 weeks): Negative near MAs; aim ₹3,600 in ongoing pullback.
Long-term (3–12 months): Buy opportunity post-correction; target ₹5,425 on analyst avg. SHREEJI FINANCE & INVESTMENT HATHIJAN CIRCAL AHMEDABAD PHONE :-07949258292
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