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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.

10 day averaged volume of Mukand is 1084223

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 91.85 91.00 94.00 89.50 0.28 times
13 Tue Apr 2021 89.85 88.50 91.60 87.50 0.181 times
12 Mon Apr 2021 85.55 92.00 92.00 85.30 0.615 times
09 Fri Apr 2021 94.75 93.90 99.25 90.00 0.913 times
08 Thu Apr 2021 93.45 86.70 95.20 86.25 1.172 times
07 Wed Apr 2021 86.55 85.10 90.00 81.40 0.435 times
06 Tue Apr 2021 85.10 87.40 88.40 83.05 0.535 times
05 Mon Apr 2021 83.90 90.00 93.05 81.00 0.988 times
01 Thu Apr 2021 88.80 84.20 90.90 77.10 2.164 times
31 Wed Mar 2021 82.80 72.00 82.80 70.50 2.444 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 88.7, but if it comes below 88.7, then a intra day sell could be more profitable.
If you take a sell trade below 88.7, then use 88.7 as stoploss and 73.39 as target. However if you take a buy trade in stock , then use 88.7 as stoploss and 107.2 as target.

Share price targets for Mukand (MUKANDLTD)

Target Type Value
Downside Target 47.50
Downside Target 55.10
Downside Target 61.05
Downside Target 68.00
Downside Target 69.80
Downside Target 76.60
Downside Target 81.00
Downside Target 82.80
Downside Target 85.30
Downside Target 90.90
Upside Target 94.00
Upside Target 99.25

Intraday share price targets for Mukand (MUKANDLTD)

Target Type Value
Downside Intraday Target 86.77
Downside Intraday Target 81.68
Upside Intraday Target 95.47
Upside Intraday Target 99.08
Downside Intraday Target 90.38

Weekly technical analysis of Mukand (MUKANDLTD)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 91.85 92.00 94.00 85.30 0.266 times
09 Fri Apr 2021 94.75 90.00 99.25 81.00 0.783 times
01 Thu Apr 2021 88.80 62.00 90.90 62.00 12.662 times
26 Fri Mar 2021 57.50 58.35 61.25 55.10 1.1 times
19 Fri Mar 2021 57.25 60.20 61.15 56.00 1.598 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
15 Thu Apr 2021 91.85 84.20 99.25 77.10 1.616 times
31 Wed Mar 2021 82.80 63.30 82.80 55.10 4.251 times
25 Thu Feb 2021 62.80 63.00 69.80 61.25 0.334 times
29 Fri Jan 2021 62.20 65.90 76.60 61.05 1.21 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mukand (MUKANDLTD)

Indicator Name Indicator Value Indicator Signal
ADX 34, 9, 58 Buy
MACD 14, 11Buy
Stochastics 72Buy
CCI 80Buy
RSI 61Buy
OBV 7616920Sell
VWAP 88Buy
ADL 0Sell
ROC 33Buy
Force Index 0Sell

Price action analysis of Mukand ( (MUKANDLTD) ) based on a short 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

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

MACD generated a BUY signal for Mukand in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

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

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 but buying is losing 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 87.51 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 positive

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

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Daily charts

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