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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 2024-08-08 View latest technical analysis

10 day averaged volume of Mukand is 556179

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	161.19	162.00	166.79	160.52	0.598 times
07 Wed Aug 2024	160.84	160.00	162.00	158.10	0.363 times
06 Tue Aug 2024	157.34	165.47	167.05	155.98	0.713 times
05 Mon Aug 2024	164.27	173.30	175.00	163.07	0.866 times
02 Fri Aug 2024	178.49	175.00	180.20	172.26	0.398 times
01 Thu Aug 2024	178.73	184.45	186.40	177.05	0.636 times
31 Wed Jul 2024	184.30	186.29	187.40	183.00	0.559 times
30 Tue Jul 2024	185.01	187.00	187.65	183.00	1.095 times
29 Mon Jul 2024	181.18	184.30	187.68	179.00	1.501 times
26 Fri Jul 2024	181.87	172.00	188.20	170.32	3.471 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 162.3, but if it comes above 162.3, then a intra day buy could be more profitable.
If you take a sell trade below 162.3, then use 162.3 as stoploss and 151.8 as target. However if you take a buy trade in stock , then use 162.3 as stoploss and 171.02 as target.

Share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Target	135.00
Downside Target	149.95
Downside Target	155.98
Upside Target	172.26
Upside Target	181.35
Upside Target	182.90
Upside Target	184.60
Upside Target	186.40
Upside Target	187.68
Upside Target	188.20
Upside Target	192.95

Intraday share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Intraday Target	153.11
Downside Intraday Target	145.04
Upside Intraday Target	172.13
Upside Intraday Target	183.08
Upside Intraday Target	164.06

Weekly technical analysis of Mukand (MUKANDLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	161.19	173.30	175.00	155.98	0.606 times
02 Fri Aug 2024	178.49	184.30	187.68	172.26	0.82 times
26 Fri Jul 2024	181.87	171.85	188.20	160.04	1.095 times
19 Fri Jul 2024	172.73	160.60	182.90	156.20	3.554 times
12 Fri Jul 2024	159.68	167.87	173.45	159.00	1.013 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
08 Thu Aug 2024	161.19	184.45	186.40	155.98	0.23 times
31 Wed Jul 2024	184.30	161.80	188.20	156.20	2.174 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

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 Mukand (MUKANDLTD)

Price action analysis of Mukand ( (MUKANDLTD) ) 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 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 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 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 and the sell signal is strong.

Mukand 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 moving up

CCI has generated a buy signal for Mukand in short term but BUY signal is weak.

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

Although the stock is in the BUY zone, but buying 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 176.74 and Mukand (MUKANDLTD) 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 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 negative.

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