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(MOL) Meghmani Organics complete technical analysis [charts+indicators] | Buy/Sell Meghmani Organics | (MOL) share price targets

Complete technical analysis of Meghmani Organics (MOL) by charts plus indicators, forecast predictions and share price targets for Meghmani Organics (MOL)

10 day averaged volume of Meghmani Organics is 686161

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 80.35 81.70 82.40 79.90 1.487 times
21 Tue May 2024 81.65 83.00 83.45 81.50 1.044 times
20 Mon May 2024 83.00 83.05 83.50 82.60 0.213 times
17 Fri May 2024 82.65 82.20 83.40 82.20 0.57 times
16 Thu May 2024 82.20 83.75 84.30 82.00 0.641 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 81.9, but if it comes above 81.9, then a intra day buy could be more profitable.
If you take a sell trade below 81.9, then use 81.9 as stoploss and 78.7 as target. However if you take a buy trade in stock , then use 81.9 as stoploss and 84.49 as target.

Share price targets for Meghmani Organics (MOL)

Target Type Value
Downside Target 75.75
Downside Target 79.50
Upside Target 83.50
Upside Target 85.25
Upside Target 86.60
Upside Target 87.70
Upside Target 89.70
Upside Target 92.70
Upside Target 93.90
Upside Target 99.90
Upside Target 104.50

Intraday share price targets for Meghmani Organics (MOL)

Target Type Value
Downside Intraday Target 79
Downside Intraday Target 77.65
Upside Intraday Target 82.6
Upside Intraday Target 84.85
Upside Intraday Target 81.25

Weekly technical analysis of Meghmani Organics (MOL)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 80.35 83.05 83.50 79.90 0.479 times
17 Fri May 2024 82.65 80.10 85.35 79.50 1.653 times
10 Fri May 2024 84.10 86.15 86.40 81.05 0.809 times
03 Fri May 2024 86.00 89.00 89.70 85.25 0.4 times
26 Fri Apr 2024 88.50 88.85 92.70 86.60 1.085 times

Price has moved down 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 Meghmani Organics (MOL)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 80.35 86.60 87.70 79.50 0.32 times
30 Tue Apr 2024 86.60 79.75 92.70 79.75 0.867 times
28 Thu Mar 2024 79.30 97.85 99.90 75.75 0.399 times
29 Thu Feb 2024 97.15 88.00 104.50 77.20 1.207 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 Meghmani Organics (MOL)

Indicator Name Indicator Value Indicator Signal
ADX 13, 26, 35 Sell
MACD -2, -1Sell
Stochastics 37None
CCI -165Sell
RSI 57Buy
OBV -5521761Sell
VWAP 82Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Meghmani Organics ( (MOL) ) based on a short 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 Meghmani Organics ( (MOL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Meghmani Organics ( (MOL) ) 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 Meghmani Organics ( (MOL) ) 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 Meghmani Organics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Meghmani Organics in short term and the sell signal is strong.

Meghmani Organics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Meghmani Organics in short term and SELL 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 Meghmani Organics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 82.25 and Meghmani Organics (MOL) 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 Meghmani Organics (MOL) stock. Volume based technical analysis of Meghmani Organics (MOL) stock is negative.

Meghmani Organics 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.

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