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(MUKANDLTD) Mukand complete technical analysis [charts+indicators] | Buy/Sell Mukand | (MUKANDLTD) share price targets

Complete technical analysis of Mukand (MUKANDLTD) by charts plus indicators, forecast predictions and share price targets for Mukand (MUKANDLTD)

10 day averaged volume of Mukand is 243284

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 162.50 162.20 164.50 162.00 0.492 times
16 Thu May 2024 161.35 167.00 167.00 161.00 0.936 times
15 Wed May 2024 166.35 173.00 173.05 163.00 4.183 times
14 Tue May 2024 166.55 162.50 167.90 162.45 0.44 times
13 Mon May 2024 162.45 166.70 167.20 160.25 1.064 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 163.8, but if it comes above 163.8, then a intra day buy could be more profitable.
If you take a sell trade below 163.8, then use 163.8 as stoploss and 154.3 as target. However if you take a buy trade in stock , then use 163.8 as stoploss and 171.75 as target.

Share price targets for Mukand (MUKANDLTD)

Target Type Value
Downside Target 139.60
Downside Target 149.95
Downside Target 153.55
Downside Target 160.25
Upside Target 163.80
Upside Target 173.05
Upside Target 178.30
Upside Target 184.60
Upside Target 191.35
Upside Target 192.95
Upside Target 208.70
Upside Target 212.80

Intraday share price targets for Mukand (MUKANDLTD)

Target Type Value
Downside Intraday Target 157.48
Downside Intraday Target 152.47
Upside Intraday Target 170.28
Upside Intraday Target 178.07
Upside Intraday Target 165.27

Weekly technical analysis of Mukand (MUKANDLTD)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 162.50 166.70 173.05 160.25 2.467 times
10 Fri May 2024 166.70 177.00 178.30 165.10 0.669 times
03 Fri May 2024 176.35 190.65 192.95 175.10 0.359 times
26 Fri Apr 2024 189.55 169.60 191.35 166.00 2.931 times
19 Fri Apr 2024 168.20 167.00 174.60 163.80 0.476 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mukand (MUKANDLTD)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 162.50 182.80 184.60 160.25 0.367 times
30 Tue Apr 2024 182.85 149.95 192.95 149.95 1.702 times
28 Thu Mar 2024 148.75 167.25 174.60 139.60 0.549 times
29 Thu Feb 2024 165.70 187.00 208.70 153.55 0.904 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 Mukand (MUKANDLTD)

Indicator Name Indicator Value Indicator Signal
ADX 18, 20, 6 Sell
MACD -2, 1Sell
Stochastics 14Sell
CCI -100Sell
RSI 54Buy
OBV -221099Sell
VWAP 166Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Mukand ( (MUKANDLTD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mukand ( (MUKANDLTD) ) 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 Mukand ( (MUKANDLTD) ) 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 Mukand ( (MUKANDLTD) ) based on a mid to longer term time period is

ADX buy sell signal for Mukand stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Mukand Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a SELL signal for Mukand 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

Stock of Mukand is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 166.03 and Mukand (MUKANDLTD) 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 Mukand (MUKANDLTD) stock. Volume based technical analysis of Mukand (MUKANDLTD) stock is negative.

Mukand 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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