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(MAHICKRA_SM) Mahickra Chemical complete technical analysis [charts+indicators] | Buy/Sell Mahickra Chemical | (MAHICKRA_SM) share price targets

Complete technical analysis of Mahickra Chemical (MAHICKRA_SM) by charts plus indicators, forecast predictions and share price targets for Mahickra Chemical (MAHICKRA_SM)

Showing technical analysis as on 2024-08-30 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 6975

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	112.20	110.00	114.40	110.00	0.215 times
29 Thu Aug 2024	110.00	110.00	110.00	110.00	0.108 times
28 Wed Aug 2024	107.80	102.70	107.80	102.70	0.323 times
27 Tue Aug 2024	111.00	111.00	111.00	111.00	0.215 times
26 Mon Aug 2024	101.25	101.50	101.50	101.00	0.215 times
23 Fri Aug 2024	108.00	104.50	112.00	104.50	0.538 times
21 Wed Aug 2024	103.10	104.00	104.00	103.10	0.215 times
20 Tue Aug 2024	104.05	104.05	104.05	104.05	0.108 times
19 Mon Aug 2024	114.20	114.00	114.50	114.00	0.86 times
16 Fri Aug 2024	107.00	107.00	107.00	107.00	0.108 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 111.1, but if it comes below 111.1, then a intra day sell could be more profitable.
If you take a sell trade below 111.1, then use 111.1 as stoploss and 107.54 as target. However if you take a buy trade in stock , then use 111.1 as stoploss and 115.4 as target.

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	94.00
Downside Target	100.00
Downside Target	108.00
Downside Target	111.50
Upside Target	114.50
Upside Target	115.00
Upside Target	116.50
Upside Target	117.00
Upside Target	117.75
Upside Target	130.00
Upside Target	139.00

Intraday share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Intraday Target	104
Downside Intraday Target	95.8
Upside Intraday Target	117.4
Upside Intraday Target	122.6
Downside Intraday Target	109.2

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	112.20	101.50	114.40	101.00	0.625 times
23 Fri Aug 2024	108.00	114.00	114.50	103.10	0.203 times
16 Fri Aug 2024	107.00	100.50	108.00	100.25	7.9 times
08 Thu Aug 2024	108.00	100.00	112.80	100.00	0.256 times
01 Thu Aug 2024	109.55	108.00	116.50	102.00	0.207 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 Mahickra Chemical (MAHICKRA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	112.20	111.95	116.50	100.00	0.207 times
31 Wed Jul 2024	104.00	101.00	117.75	94.00	14.306 times
28 Fri Jun 2024	101.00	111.05	115.00	100.00	1.633 times
27 Mon May 2024	113.00	137.15	139.00	111.50	0.294 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 Mahickra Chemical (MAHICKRA_SM)

Price action analysis of Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Mahickra Chemical 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.

Mahickra Chemical 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. 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 Mahickra Chemical in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Mahickra Chemical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 109.38 and Mahickra Chemical (MAHICKRA_SM) 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 Mahickra Chemical (MAHICKRA_SM) stock. Volume based technical analysis of Mahickra Chemical (MAHICKRA_SM) stock is negative.

Mahickra Chemical 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.