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(MALLCOM) Mallcom India complete technical analysis [charts+indicators] | Buy/Sell Mallcom India | (MALLCOM) share price targets

Complete technical analysis of Mallcom India (MALLCOM) by charts plus indicators, forecast predictions and share price targets for Mallcom India (MALLCOM)

Showing technical analysis as on 2024-01-16 View latest technical analysis

10 day averaged volume of Mallcom India is 14143

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	1075.75	1104.35	1108.90	1070.00	0.829 times
15 Mon Jan 2024	1102.35	1080.00	1124.85	1080.00	1.209 times
12 Fri Jan 2024	1082.20	1085.00	1090.00	1063.10	0.585 times
11 Thu Jan 2024	1072.35	1102.90	1102.90	1065.20	0.705 times
10 Wed Jan 2024	1092.00	1115.00	1115.00	1081.25	0.692 times
09 Tue Jan 2024	1102.75	1101.95	1138.95	1094.45	1.902 times
08 Mon Jan 2024	1099.65	1092.95	1112.95	1080.25	0.954 times
05 Fri Jan 2024	1092.90	1100.00	1149.85	1090.00	2.086 times
04 Thu Jan 2024	1096.60	1111.10	1111.10	1070.55	0.969 times
03 Wed Jan 2024	1095.00	1103.70	1107.80	1086.50	0.382 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1081.7, but if it comes above 1081.7, then a intra day buy could be more profitable.
If you take a sell trade below 1081.7, then use 1081.7 as stoploss and 1068.8 as target. However if you take a buy trade in stock , then use 1081.7 as stoploss and 1092.41 as target.

Share price targets for Mallcom India (MALLCOM)

Target Type	Value
Downside Target	990.50
Upside Target	1124.85
Upside Target	1131.30
Upside Target	1138.95
Upside Target	1149.85
Upside Target	1156.10
Upside Target	1168.00
Upside Target	1188.00
Upside Target	1249.70

Intraday share price targets for Mallcom India (MALLCOM)

Target Type	Value
Downside Intraday Target	1055.55
Downside Intraday Target	1035.35
Upside Intraday Target	1110.4
Upside Intraday Target	1145.05
Upside Intraday Target	1090.2

Weekly technical analysis of Mallcom India (MALLCOM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	1075.75	1080.00	1124.85	1070.00	0.421 times
12 Fri Jan 2024	1082.20	1092.95	1138.95	1063.10	0.976 times
05 Fri Jan 2024	1092.90	1097.15	1149.85	1070.55	1.119 times
29 Fri Dec 2023	1096.60	1107.85	1131.30	1058.00	0.688 times
22 Fri Dec 2023	1103.10	1100.00	1168.00	1050.00	1.624 times

Price has moved down 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 Mallcom India (MALLCOM)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	1075.75	1097.15	1149.85	1063.10	0.683 times
29 Fri Dec 2023	1096.60	1031.20	1168.00	1019.90	1.431 times
30 Thu Nov 2023	1031.20	1077.85	1188.00	990.50	0.53 times
31 Tue Oct 2023	1077.85	1140.00	1156.10	1001.85	0.537 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 Mallcom India (MALLCOM)

Price action analysis of Mallcom India ( (MALLCOM) ) 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 Mallcom India ( (MALLCOM) ) 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 Mallcom India ( (MALLCOM) ) 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 Mallcom India ( (MALLCOM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mallcom India stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mallcom India in short term but the sell signal is initial and weak.

Mallcom India 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mallcom India in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mallcom India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1093.43 and Mallcom India (MALLCOM) 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 Mallcom India (MALLCOM) stock. Volume based technical analysis of Mallcom India (MALLCOM) stock is negative.

Mallcom India Stock has given negative 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.