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

(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 2024-09-06 View latest technical analysis

10 day averaged volume of Mukand is 235079

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	151.76	154.40	155.94	150.50	0.53 times
05 Thu Sep 2024	154.00	152.00	156.40	152.00	0.883 times
04 Wed Sep 2024	151.98	152.25	154.70	150.05	0.586 times
03 Tue Sep 2024	152.25	153.50	157.70	151.70	1.215 times
02 Mon Sep 2024	151.97	156.20	156.50	150.00	1.819 times
30 Fri Aug 2024	155.41	158.00	160.00	155.00	0.817 times
29 Thu Aug 2024	157.52	159.01	161.42	155.99	1.213 times
28 Wed Aug 2024	159.17	162.75	164.00	158.11	0.719 times
27 Tue Aug 2024	162.15	159.10	164.74	159.10	0.754 times
26 Mon Aug 2024	159.57	161.67	163.82	158.83	1.242 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 152, but if it comes above 152, then a intra day buy could be more profitable.
If you take a sell trade below 152, then use 152 as stoploss and 146.4 as target. However if you take a buy trade in stock , then use 152 as stoploss and 156.71 as target.

Share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Target	135.00
Downside Target	148.54
Upside Target	155.00
Upside Target	163.90
Upside Target	164.74
Upside Target	168.75
Upside Target	175.00
Upside Target	181.35
Upside Target	184.60
Upside Target	186.40
Upside Target	188.20

Intraday share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Intraday Target	148.61
Downside Intraday Target	145.45
Upside Intraday Target	156.31
Upside Intraday Target	160.85
Upside Intraday Target	153.15

Weekly technical analysis of Mukand (MUKANDLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	151.76	156.20	157.70	150.00	1.061 times
30 Fri Aug 2024	155.41	161.67	164.74	155.00	0.532 times
23 Fri Aug 2024	161.77	149.97	168.75	148.54	2.594 times
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

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
06 Fri Sep 2024	151.76	156.20	157.70	150.00	0.19 times
30 Fri Aug 2024	155.41	184.45	186.40	148.54	0.72 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 155.43 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.