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(HINDCON_BE) Hindcon Chemicals complete technical analysis [charts+indicators] | Buy/Sell Hindcon Chemicals | (HINDCON_BE) share price targets

Complete technical analysis of Hindcon Chemicals (HINDCON_BE) by charts plus indicators, forecast predictions and share price targets for Hindcon Chemicals (HINDCON_BE)

Showing technical analysis as on 2024-03-26 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 28168

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	47.25	45.00	47.25	45.00	3.589 times
22 Fri Mar 2024	45.00	45.25	45.25	45.00	1.5 times
21 Thu Mar 2024	45.25	45.25	45.25	45.25	1.069 times
20 Wed Mar 2024	46.15	47.05	47.05	46.15	0.791 times
19 Tue Mar 2024	47.10	48.00	48.00	47.10	1.03 times
18 Mon Mar 2024	48.05	48.10	48.10	48.05	0.298 times
15 Fri Mar 2024	49.00	49.00	49.00	49.00	2.133 times
14 Thu Mar 2024	50.00	50.00	50.00	50.00	0.518 times
13 Wed Mar 2024	51.00	51.00	51.00	51.00	0.346 times
12 Tue Mar 2024	52.00	53.00	53.00	52.00	0.966 times

Stock of Hindcon Chemicals (HINDCON_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.4, but if it comes above 47.4, then a intra day buy could be more profitable.
If you take a sell trade below 47.4, then use 47.4 as stoploss and 43.8 as target. However if you take a buy trade in stock , then use 47.4 as stoploss and 50.42 as target.

Share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Target	29.10
Downside Target	45.00
Downside Target	47.25
Upside Target	50.30
Upside Target	51.35
Upside Target	52.55
Upside Target	53.05
Upside Target	56.70
Upside Target	58.30
Upside Target	61.35
Upside Target	62.65
Upside Target	144.15

Intraday share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Intraday Target	45.75
Downside Intraday Target	44.25
Upside Intraday Target	48
Upside Intraday Target	48.75
Downside Intraday Target	46.5

Weekly technical analysis of Hindcon Chemicals (HINDCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	47.25	45.00	47.25	45.00	0.766 times
22 Fri Mar 2024	45.00	48.10	48.10	45.00	0.883 times
15 Fri Mar 2024	49.00	53.00	53.05	49.00	0.591 times
07 Thu Mar 2024	53.00	51.35	53.00	50.30	1.066 times
02 Sat Mar 2024	51.35	56.70	56.70	51.35	0.203 times

Price has moved up 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 Hindcon Chemicals (HINDCON_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	47.25	52.40	53.05	45.00	0.263 times
29 Thu Feb 2024	53.45	49.65	62.65	48.20	0.72 times
31 Wed Jan 2024	49.65	55.05	61.35	48.60	4.218 times
29 Fri Dec 2023	57.95	58.30	58.30	52.55	1.001 times

Scroll below to view daily charts

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 Hindcon Chemicals (HINDCON_BE)

Price action analysis of Hindcon Chemicals ( (HINDCON_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Hindcon Chemicals ( (HINDCON_BE) ) 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 Hindcon Chemicals ( (HINDCON_BE) ) 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 Hindcon Chemicals ( (HINDCON_BE) ) 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 Hindcon Chemicals stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Hindcon Chemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Hindcon Chemicals in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Hindcon Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 47.64 and Hindcon Chemicals (HINDCON_BE) 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 Hindcon Chemicals (HINDCON_BE) stock. Volume based technical analysis of Hindcon Chemicals (HINDCON_BE) stock is negative.

Hindcon Chemicals 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.