Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-08 View latest technical analysis

10 day averaged volume of Mallcom India is 11064

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	1310.30	1320.60	1327.45	1302.90	0.2 times
07 Wed Aug 2024	1312.75	1302.00	1335.40	1302.00	0.341 times
06 Tue Aug 2024	1303.95	1335.00	1349.90	1300.10	0.286 times
05 Mon Aug 2024	1300.90	1375.00	1375.00	1257.40	1.121 times
02 Fri Aug 2024	1349.25	1396.00	1396.00	1334.00	0.57 times
01 Thu Aug 2024	1361.15	1397.20	1404.55	1346.00	0.43 times
31 Wed Jul 2024	1389.25	1394.05	1407.95	1382.00	0.303 times
30 Tue Jul 2024	1392.85	1405.00	1414.70	1389.00	0.565 times
29 Mon Jul 2024	1396.30	1460.00	1460.00	1362.35	2.753 times
26 Fri Jul 2024	1501.40	1375.20	1540.00	1375.20	3.194 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1322.4, but if it comes above 1322.4, then a intra day buy could be more profitable.
If you take a sell trade below 1322.4, then use 1322.4 as stoploss and 1254.1 as target. However if you take a buy trade in stock , then use 1322.4 as stoploss and 1379.34 as target.

Share price targets for Mallcom India (MALLCOM)

Target Type	Value
Downside Target	918.15
Downside Target	951.10
Downside Target	1099.95
Downside Target	1157.00
Downside Target	1221.25
Downside Target	1257.40
Upside Target	1329.40
Upside Target	1375.00
Upside Target	1404.55
Upside Target	1426.00
Upside Target	1460.00
Upside Target	1540.00
Upside Target	1569.00

Intraday share price targets for Mallcom India (MALLCOM)

Target Type	Value
Downside Intraday Target	1253.47
Downside Intraday Target	1196.63
Upside Intraday Target	1371.07
Upside Intraday Target	1431.83
Upside Intraday Target	1314.23

Weekly technical analysis of Mallcom India (MALLCOM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	1310.30	1375.00	1375.00	1257.40	0.421 times
02 Fri Aug 2024	1349.25	1460.00	1460.00	1334.00	0.875 times
26 Fri Jul 2024	1501.40	1352.00	1540.00	1329.40	1.185 times
19 Fri Jul 2024	1362.10	1421.85	1426.00	1345.15	0.119 times
12 Fri Jul 2024	1421.85	1366.90	1569.00	1221.25	1.877 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
08 Thu Aug 2024	1310.30	1397.20	1404.55	1257.40	0.042 times
31 Wed Jul 2024	1389.25	1157.00	1569.00	1157.00	3.371 times
28 Fri Jun 2024	1147.80	1094.00	1180.00	918.15	1.846 times
31 Fri May 2024	1020.40	1030.45	1100.00	951.10	1.32 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 Weak and stock is gaining 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 weakening, and bulls are picking up momentum!

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 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 Mallcom India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1407.63 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.