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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)

10 day averaged volume of Hindcon Chemicals is 46038

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	51.30	52.15	53.00	49.65	0.937 times
23 Tue Apr 2024	52.10	49.95	52.35	49.35	1.604 times
22 Mon Apr 2024	49.90	49.05	50.25	48.80	0.817 times
19 Fri Apr 2024	49.05	50.15	50.45	48.60	0.969 times
18 Thu Apr 2024	50.15	49.90	50.85	49.90	0.836 times
16 Tue Apr 2024	49.95	48.65	50.90	48.65	0.81 times
15 Mon Apr 2024	49.65	51.00	51.00	48.60	1.336 times
12 Fri Apr 2024	51.15	51.90	51.90	50.20	1.088 times
10 Wed Apr 2024	50.90	51.00	52.20	50.60	0.676 times
09 Tue Apr 2024	51.00	52.55	53.10	50.50	0.826 times

My analysis of stock is bullish for shortterm, and stock might move up till 52.8 or till 55.2. Use a stoploss of 50.75 and if this stock hits its stoploss, then it can fall down till 48.71

Share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Target	45.00
Downside Target	48.20
Upside Target	52.05
Upside Target	53.00
Upside Target	53.05
Upside Target	54.00
Upside Target	55.00
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	49.07
Downside Intraday Target	46.83
Upside Intraday Target	53.27
Upside Intraday Target	55.23
Downside Intraday Target	51.03

Weekly technical analysis of Hindcon Chemicals (HINDCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	51.30	49.05	53.00	48.80	0.85 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
28 Thu Mar 2024	52.05	45.00	52.05	45.00	2.004 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
24 Wed Apr 2024	51.30	52.90	55.00	48.60	0.955 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Hindcon Chemicals stock for short term is BUY. Signal strength is Weak 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 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 weakening, and bulls are picking up momentum!

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 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 50.59 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 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.