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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 2024-04-30 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 54355

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	56.30	54.20	56.30	53.70	3.025 times
29 Mon Apr 2024	53.65	52.50	53.65	52.00	2.363 times
26 Fri Apr 2024	51.10	50.90	51.60	50.00	0.643 times
25 Thu Apr 2024	50.90	50.00	52.20	49.75	0.803 times
24 Wed Apr 2024	51.30	52.15	53.00	49.65	0.793 times
23 Tue Apr 2024	52.10	49.95	52.35	49.35	1.359 times
22 Mon Apr 2024	49.90	49.05	50.25	48.80	0.692 times
19 Fri Apr 2024	49.05	50.15	50.45	48.60	0.821 times
18 Thu Apr 2024	50.15	49.90	50.85	49.90	0.708 times
16 Tue Apr 2024	49.95	48.65	50.90	48.65	0.686 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 55.4, for a target of 53.4 or 51.65

Share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Target	45.00
Downside Target	48.20
Downside Target	53.00
Downside Target	53.05
Downside Target	54.00
Downside Target	55.00
Downside Target	56.30
Upside Target	58.30
Upside Target	61.35
Upside Target	62.65

Intraday share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Intraday Target	53.43
Downside Intraday Target	50.57
Upside Intraday Target	57.73
Upside Intraday Target	59.17
Downside Intraday Target	54.87

Weekly technical analysis of Hindcon Chemicals (HINDCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	56.30	52.50	56.30	52.00	1.256 times
26 Fri Apr 2024	51.10	49.05	53.00	48.80	1.282 times
19 Fri Apr 2024	49.05	51.00	51.00	48.60	1.089 times
12 Fri Apr 2024	51.15	53.00	54.00	50.20	0.516 times
05 Fri Apr 2024	53.55	52.90	55.00	49.25	1.223 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
30 Tue Apr 2024	56.30	52.90	56.30	48.60	1.383 times
28 Thu Mar 2024	52.05	52.40	53.05	45.00	0.325 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

Scroll below to view daily charts

Price has moved up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Hindcon Chemicals ( (HINDCON_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Hindcon Chemicals ( (HINDCON_BE) ) based on a short to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Hindcon Chemicals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Hindcon Chemicals in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Hindcon Chemicals in short term and BUY signal is strong.

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 52.71 and Hindcon Chemicals (HINDCON_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.