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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 2024-08-16 View latest technical analysis

10 day averaged volume of Mukand is 278924

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	149.07	154.00	154.25	148.55	0.788 times
14 Wed Aug 2024	151.96	156.19	156.50	151.41	0.689 times
13 Tue Aug 2024	155.34	160.00	161.01	155.00	0.875 times
12 Mon Aug 2024	159.65	163.90	163.90	158.00	0.548 times
09 Fri Aug 2024	163.89	163.25	165.29	161.20	0.765 times
08 Thu Aug 2024	161.19	162.00	166.79	160.52	1.192 times
07 Wed Aug 2024	160.84	160.00	162.00	158.10	0.723 times
06 Tue Aug 2024	157.34	165.47	167.05	155.98	1.422 times
05 Mon Aug 2024	164.27	173.30	175.00	163.07	1.726 times
02 Fri Aug 2024	178.49	175.00	180.20	172.26	0.793 times

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 144.4, for a target of 157.2 or 167.83

Share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Target	135.00
Downside Target	148.55
Upside Target	155.98
Upside Target	160.04
Upside Target	163.90
Upside Target	172.26
Upside Target	181.35
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	143.78
Downside Intraday Target	138.49
Upside Intraday Target	159.13
Upside Intraday Target	169.19
Upside Intraday Target	153.84

Weekly technical analysis of Mukand (MUKANDLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	149.07	163.90	163.90	148.55	0.498 times
09 Fri Aug 2024	163.89	173.30	175.00	155.98	0.698 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

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
16 Fri Aug 2024	149.07	184.45	186.40	148.55	0.348 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Mukand stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 Mukand in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mukand is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 160.51 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.