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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 2024-02-07 View latest technical analysis

10 day averaged volume of Mallcom India is 7794

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	1106.10	1075.00	1140.05	1070.05	4.092 times
06 Tue Feb 2024	1072.50	1032.15	1100.00	1029.20	1.599 times
05 Mon Feb 2024	1032.10	1065.00	1065.40	1026.90	2.508 times
02 Fri Feb 2024	1048.95	1050.00	1066.00	1045.00	0.793 times
01 Thu Feb 2024	1050.65	1074.75	1074.75	1030.10	0.739 times
31 Wed Jan 2024	1065.50	1065.00	1076.95	1060.00	0.492 times
30 Tue Jan 2024	1065.60	1080.45	1082.95	1061.00	1.111 times
29 Mon Jan 2024	1074.20	1093.75	1093.75	1066.00	0.572 times
25 Thu Jan 2024	1093.65	1089.30	1096.15	1070.00	0.818 times
24 Wed Jan 2024	1079.35	1090.25	1094.70	1068.10	0.628 times

Stock of Mallcom India (MALLCOM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1096.8, but if it comes below 1096.8, then a intra day sell could be more profitable.
If you take a sell trade below 1096.8, then use 1096.8 as stoploss and 1078.14 as target. However if you take a buy trade in stock , then use 1096.8 as stoploss and 1119.2 as target.

Share price targets for Mallcom India (MALLCOM)

Target Type	Value
Downside Target	990.50
Downside Target	1060.00
Downside Target	1093.75
Upside Target	1124.85
Upside Target	1138.95
Upside Target	1140.05
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	1041.98
Downside Intraday Target	977.87
Upside Intraday Target	1155.13
Upside Intraday Target	1204.17
Downside Intraday Target	1091.02

Weekly technical analysis of Mallcom India (MALLCOM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	1106.10	1065.00	1140.05	1026.90	2.212 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mallcom India (MALLCOM)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	1106.10	1074.75	1140.05	1026.90	0.327 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mallcom India ( (MALLCOM) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mallcom India 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.

Mallcom India 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 moving up

CCI has generated a buy signal for Mallcom India 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 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 1073.46 and Mallcom India (MALLCOM) 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 Mallcom India (MALLCOM) stock. Volume based technical analysis of Mallcom India (MALLCOM) stock is negative.

Mallcom India 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.