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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 2023-12-22 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 1210028

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	63.95	61.00	63.95	59.35	1.957 times
21 Thu Dec 2023	58.15	48.25	58.85	45.30	3.28 times
20 Wed Dec 2023	49.05	47.75	53.30	47.00	2.498 times
19 Tue Dec 2023	45.20	42.80	47.00	41.10	1.996 times
18 Mon Dec 2023	40.90	37.70	43.10	37.00	1.199 times
15 Fri Dec 2023	36.70	36.95	37.70	36.25	0.247 times
14 Thu Dec 2023	36.25	36.95	37.25	36.05	0.105 times
13 Wed Dec 2023	36.20	37.30	37.30	35.95	0.129 times
12 Tue Dec 2023	36.00	37.65	37.65	35.55	0.135 times
11 Mon Dec 2023	36.75	37.90	37.95	35.45	0.237 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 57.3, for a target of 48 or 40.28

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
Downside Target	37.00
Downside Target	37.95
Downside Target	38.80
Downside Target	39.60
Downside Target	63.95
Upside Target	87.05
Upside Target	87.50
Upside Target	101.95
Upside Target	104.05
Upside Target	106.85
Upside Target	146.50

Intraday share price targets for Hindcon Chemicals (HINDCON)

Target Type	Value
Downside Intraday Target	45.98
Downside Intraday Target	28.02
Upside Intraday Target	72.93
Upside Intraday Target	81.92
Downside Intraday Target	54.97

Weekly technical analysis of Hindcon Chemicals (HINDCON)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	63.95	37.70	63.95	37.00	12.818 times
15 Fri Dec 2023	36.70	37.90	37.95	35.45	0.873 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

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

Monthly technical analysis of Hindcon Chemicals (HINDCON)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	63.95	37.60	63.95	33.90	6.273 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, and volume has increased substantially. This means that the move can 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Hindcon Chemicals 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.

Hindcon Chemicals 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 moving up

CCI has generated a buy signal for Hindcon Chemicals in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 51.67 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 rising upwards.

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 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.