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(HINDCON) Hindcon Chemicals complete technical analysis [charts+indicators] | Buy/Sell Hindcon Chemicals | (HINDCON) share price targets

Complete technical analysis of Hindcon Chemicals (HINDCON) by charts plus indicators, forecast predictions and share price targets for Hindcon Chemicals (HINDCON)

Showing technical analysis as on 2023-12-01 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 294079

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	36.90	37.60	38.00	36.50	0.469 times
30 Thu Nov 2023	36.50	37.15	37.50	34.70	0.679 times
29 Wed Nov 2023	37.05	39.20	39.20	36.45	0.533 times
28 Tue Nov 2023	38.40	38.20	39.60	38.20	1.042 times
24 Fri Nov 2023	38.00	35.15	38.80	34.65	2.384 times
23 Thu Nov 2023	34.90	35.60	35.60	33.80	0.432 times
22 Wed Nov 2023	34.65	36.35	36.35	33.85	0.588 times
21 Tue Nov 2023	35.60	35.90	36.40	33.70	1.209 times
20 Mon Nov 2023	34.40	32.50	36.85	32.50	1.576 times
11 Fri Aug 2023	132.10	141.50	142.20	130.55	0.39 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.2, but if it comes above 39.2, then a intra day buy could be more profitable.
If you take a sell trade below 39.2, then use 39.2 as stoploss and -10.1 as target. However if you take a buy trade in stock , then use 39.2 as stoploss and 80.3 as target.

Share price targets for Hindcon Chemicals (HINDCON)

Target Type	Value
Downside Target	32.50
Downside Target	34.70
Downside Target	36.50
Upside Target	38.00
Upside Target	38.80
Upside Target	39.60
Upside Target	87.05
Upside Target	101.95
Upside Target	104.05
Upside Target	106.85
Upside Target	116.20
Upside Target	146.50

Intraday share price targets for Hindcon Chemicals (HINDCON)

Target Type	Value
Downside Intraday Target	34.53
Downside Intraday Target	32.17
Upside Intraday Target	39.43
Upside Intraday Target	41.97
Upside Intraday Target	37.07

Weekly technical analysis of Hindcon Chemicals (HINDCON)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	36.90	38.20	39.60	34.70	0.44 times
24 Fri Nov 2023	38.00	32.50	38.80	32.50	1.458 times
11 Fri Aug 2023	132.10	117.45	146.50	116.20	1.015 times
04 Fri Aug 2023	114.25	89.80	116.20	89.00	20.85 times
28 Fri Jul 2023	89.05	89.60	89.70	87.15	0.946 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 Hindcon Chemicals (HINDCON)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	36.90	37.60	38.00	36.50	0.055 times
30 Thu Nov 2023	36.50	32.50	39.60	32.50	1.248 times
11 Fri Aug 2023	132.10	110.00	146.50	104.05	2.488 times
31 Mon Jul 2023	106.20	95.50	106.85	87.05	1.057 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 Hindcon Chemicals (HINDCON)

Price action analysis of Hindcon Chemicals ( (HINDCON) ) 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 Hindcon Chemicals ( (HINDCON) ) 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 Hindcon Chemicals ( (HINDCON) ) 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 Hindcon Chemicals ( (HINDCON) ) 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 Hindcon Chemicals stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Hindcon Chemicals in short term and the sell signal is strong.

Hindcon Chemicals 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 moving up

CCI has generated a buy signal for Hindcon Chemicals in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Hindcon Chemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 40.49 and Hindcon Chemicals (HINDCON) 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 Hindcon Chemicals (HINDCON) stock. Volume based technical analysis of Hindcon Chemicals (HINDCON) stock is negative.

Hindcon Chemicals 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.