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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 2023-12-11 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 268339

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	36.75	37.90	37.95	35.45	1.067 times
08 Fri Dec 2023	36.70	37.40	37.40	36.10	0.786 times
07 Thu Dec 2023	36.95	36.00	37.90	35.00	1.97 times
06 Wed Dec 2023	34.40	35.15	35.65	33.90	0.503 times
05 Tue Dec 2023	35.15	36.80	36.80	34.75	0.623 times
04 Mon Dec 2023	36.40	37.95	37.95	35.00	0.522 times
01 Fri Dec 2023	36.90	37.60	38.00	36.50	0.514 times
30 Thu Nov 2023	36.50	37.15	37.50	34.70	0.744 times
29 Wed Nov 2023	37.05	39.20	39.20	36.45	0.584 times
28 Tue Nov 2023	38.40	38.20	39.60	38.20	1.142 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 19.1 as stoploss in an intra day buy trade for a target of 59.32. However, stock will show a bearish move below 19.1.

Share price targets for Hindcon Chemicals (HINDCON)

Target Type	Value
Downside Target	32.50
Downside Target	33.90
Downside Target	34.70
Downside Target	35.45
Upside Target	37.95
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	35.48
Downside Intraday Target	34.22
Upside Intraday Target	37.98
Upside Intraday Target	39.22
Downside Intraday Target	36.72

Weekly technical analysis of Hindcon Chemicals (HINDCON)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	36.75	37.90	37.95	35.45	0.242 times
08 Fri Dec 2023	36.70	37.95	37.95	33.90	1.476 times
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

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 Hindcon Chemicals (HINDCON)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	36.75	37.60	38.00	33.90	0.647 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Hindcon Chemicals ( (HINDCON) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Hindcon Chemicals ( (HINDCON) ) 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 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 gaining momentum.

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

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

Hindcon Chemicals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 SELL signal for Hindcon Chemicals in short term but SELL 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 36.74 and Hindcon Chemicals (HINDCON) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.