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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 2024-02-05 View latest technical analysis

10 day averaged volume of Mallcom India is 6058

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	1032.10	1065.00	1065.40	1026.90	3.227 times
02 Fri Feb 2024	1048.95	1050.00	1066.00	1045.00	1.021 times
01 Thu Feb 2024	1050.65	1074.75	1074.75	1030.10	0.95 times
31 Wed Jan 2024	1065.50	1065.00	1076.95	1060.00	0.633 times
30 Tue Jan 2024	1065.60	1080.45	1082.95	1061.00	1.43 times
29 Mon Jan 2024	1074.20	1093.75	1093.75	1066.00	0.736 times
25 Thu Jan 2024	1093.65	1089.30	1096.15	1070.00	1.052 times
24 Wed Jan 2024	1079.35	1090.25	1094.70	1068.10	0.808 times
23 Tue Jan 2024	1082.60	1109.00	1109.00	1065.00	0.953 times
22 Mon Jan 2024	1092.55	1105.90	1105.90	1075.00	1.191 times

Stock of Mallcom India (MALLCOM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1037.6, for a target of 1060.4 or 1079.33

Share price targets for Mallcom India (MALLCOM)

Target Type	Value
Downside Target	990.50
Upside Target	1060.00
Upside Target	1074.75
Upside Target	1093.75
Upside Target	1109.00
Upside Target	1124.85
Upside Target	1138.95
Upside Target	1149.85
Upside Target	1156.10
Upside Target	1168.00
Upside Target	1188.00

Intraday share price targets for Mallcom India (MALLCOM)

Target Type	Value
Downside Intraday Target	1017.53
Downside Intraday Target	1002.97
Upside Intraday Target	1056.03
Upside Intraday Target	1079.97
Upside Intraday Target	1041.47

Weekly technical analysis of Mallcom India (MALLCOM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	1032.10	1065.00	1065.40	1026.90	0.677 times
02 Fri Feb 2024	1048.95	1093.75	1093.75	1030.10	1.191 times
25 Thu Jan 2024	1093.65	1105.90	1109.00	1065.00	0.467 times
19 Fri Jan 2024	1102.15	1080.00	1124.85	1061.20	0.759 times
12 Fri Jan 2024	1082.20	1092.95	1138.95	1063.10	0.976 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
05 Mon Feb 2024	1032.10	1074.75	1074.75	1026.90	0.136 times
31 Wed Jan 2024	1065.50	1097.15	1149.85	1060.00	0.946 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

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 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 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 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 Mallcom India stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

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 red color and prices are below the red 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 1061.93 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 negative.

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