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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 2024-09-17 View latest technical analysis

10 day averaged volume of Mukand is 220254

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	161.67	163.99	164.90	160.85	0.827 times
16 Mon Sep 2024	163.05	159.30	164.00	159.01	0.992 times
13 Fri Sep 2024	158.90	154.09	163.72	152.03	3.788 times
12 Thu Sep 2024	151.84	151.90	153.00	150.54	0.268 times
11 Wed Sep 2024	151.07	152.70	154.70	150.00	0.516 times
10 Tue Sep 2024	151.82	152.70	154.80	150.95	0.384 times
09 Mon Sep 2024	151.95	153.00	153.60	149.12	0.621 times
06 Fri Sep 2024	151.76	154.40	155.94	150.50	0.566 times
05 Thu Sep 2024	154.00	152.00	156.40	152.00	0.943 times
04 Wed Sep 2024	151.98	152.25	154.70	150.05	0.626 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 161.2, but if it comes below 161.2, then a intra day sell could be more profitable.
If you take a sell trade below 161.2, then use 161.2 as stoploss and 156.68 as target. However if you take a buy trade in stock , then use 161.2 as stoploss and 166.7 as target.

Share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Target	135.00
Downside Target	148.54
Downside Target	155.00
Upside Target	163.72
Upside Target	164.74
Upside Target	164.90
Upside Target	168.75
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	158.82
Downside Intraday Target	155.97
Upside Intraday Target	164.71
Upside Intraday Target	167.75
Upside Intraday Target	161.86

Weekly technical analysis of Mukand (MUKANDLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	161.67	159.30	164.90	159.01	0.326 times
13 Fri Sep 2024	158.90	153.00	163.72	149.12	1.038 times
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

Price has moved up 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
17 Tue Sep 2024	161.67	156.20	164.90	149.12	0.452 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 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 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.

Price action analysis of Mukand ( (MUKANDLTD) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mukand Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mukand in short term and BUY 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 156.85 and Mukand (MUKANDLTD) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.