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(MUKANDLTD) Mukand complete technical analysis [charts+indicators] | Buy/Sell Mukand | (MUKANDLTD) share price targets

Complete technical analysis of Mukand (MUKANDLTD) by charts plus indicators, forecast predictions and share price targets for Mukand (MUKANDLTD)

Mukand trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-07-11 View latest technical analysis

10 day averaged volume of Mukand is 158266

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	161.66	163.60	165.35	161.10	0.563 times
10 Wed Jul 2024	163.08	167.00	167.57	160.05	1.186 times
09 Tue Jul 2024	166.03	170.76	172.39	165.15	0.765 times
08 Mon Jul 2024	169.09	167.87	173.45	167.75	1.202 times
05 Fri Jul 2024	167.87	167.00	168.71	165.00	0.586 times
04 Thu Jul 2024	165.82	166.80	169.80	165.12	0.882 times
03 Wed Jul 2024	166.30	169.20	170.20	165.56	0.798 times
02 Tue Jul 2024	168.37	164.09	169.56	164.09	1.003 times
01 Mon Jul 2024	163.82	161.80	166.00	160.00	1.288 times
28 Fri Jun 2024	161.00	163.70	165.20	160.00	0.966 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 163, but if it comes above 163, then a intra day buy could be more profitable.
If you take a sell trade below 163, then use 163 as stoploss and 159 as target. However if you take a buy trade in stock , then use 163 as stoploss and 166.4 as target.

Share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Target	135.00
Downside Target	139.60
Downside Target	149.95
Downside Target	160.00
Upside Target	163.25
Upside Target	168.90
Upside Target	173.45
Upside Target	174.60
Upside Target	181.35
Upside Target	184.60
Upside Target	192.95

Intraday share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Intraday Target	156.66
Downside Intraday Target	151.65
Upside Intraday Target	170.06
Upside Intraday Target	178.45
Upside Intraday Target	165.05

Weekly technical analysis of Mukand (MUKANDLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	161.66	167.87	173.45	160.05	0.815 times
05 Fri Jul 2024	167.87	161.80	170.20	160.00	0.745 times
28 Fri Jun 2024	161.00	170.40	171.98	160.00	0.71 times
21 Fri Jun 2024	172.49	164.66	181.35	163.25	1.491 times
14 Fri Jun 2024	164.66	154.00	168.90	152.07	1.246 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 Mukand (MUKANDLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	161.66	161.80	173.45	160.00	0.329 times
28 Fri Jun 2024	161.00	157.00	181.35	135.00	1.006 times
31 Fri May 2024	155.10	182.80	184.60	150.80	0.498 times
30 Tue Apr 2024	182.85	149.95	192.95	149.95	1.702 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 Mukand (MUKANDLTD)

Price action analysis of Mukand ( (MUKANDLTD) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mukand ( (MUKANDLTD) ) 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 Mukand ( (MUKANDLTD) ) 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 Mukand stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Mukand 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 Mukand 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 Mukand is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 165.32 and Mukand (MUKANDLTD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mukand (MUKANDLTD) stock. Volume based technical analysis of Mukand (MUKANDLTD) stock is negative.

Mukand 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.