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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 2024-10-08 View latest technical analysis

10 day averaged volume of Mukand is 290985

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	154.04	155.20	156.05	151.41	0.37 times
07 Mon Oct 2024	154.07	161.94	161.95	152.51	0.495 times
04 Fri Oct 2024	160.75	162.05	163.50	160.00	0.489 times
03 Thu Oct 2024	162.47	160.16	167.80	160.16	0.692 times
01 Tue Oct 2024	162.31	165.40	166.61	161.45	0.496 times
30 Mon Sep 2024	164.88	164.30	168.00	163.50	0.978 times
27 Fri Sep 2024	163.72	167.50	172.49	163.01	1.162 times
26 Thu Sep 2024	166.67	170.10	171.00	165.93	0.815 times
25 Wed Sep 2024	170.47	171.22	173.89	168.10	0.889 times
24 Tue Sep 2024	171.66	172.00	177.30	170.16	2.166 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 155.6, but if it comes above 155.6, then a intra day buy could be more profitable.
If you take a sell trade below 155.6, then use 155.6 as stoploss and 147.6 as target. However if you take a buy trade in stock , then use 155.6 as stoploss and 162.18 as target.

Share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Target	135.00
Downside Target	148.54
Upside Target	156.20
Upside Target	167.80
Upside Target	168.00
Upside Target	175.90
Upside Target	177.30
Upside Target	181.35
Upside Target	186.40
Upside Target	188.20

Intraday share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Intraday Target	149.65
Downside Intraday Target	145.26
Upside Intraday Target	160.19
Upside Intraday Target	166.34
Upside Intraday Target	155.8

Weekly technical analysis of Mukand (MUKANDLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	154.04	161.94	161.95	151.41	0.326 times
04 Fri Oct 2024	160.75	164.30	168.00	160.00	0.388 times
27 Fri Sep 2024	163.72	172.50	177.30	163.01	0.572 times
20 Fri Sep 2024	172.26	159.30	175.90	159.01	2.837 times
13 Fri Sep 2024	158.90	153.00	163.72	149.12	1.038 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 Tue Oct 2024	154.04	165.40	167.80	151.41	0.091 times
30 Mon Sep 2024	164.88	156.20	177.30	149.12	1.314 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

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 neutral. A longer time frame might give a better analysis.

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

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 165.52 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.