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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 2024-09-17 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 114687

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	51.01	51.95	52.19	50.47	0.555 times
16 Mon Sep 2024	51.37	52.35	52.35	51.15	0.669 times
13 Fri Sep 2024	51.95	52.00	52.60	51.55	0.97 times
12 Thu Sep 2024	51.82	52.75	52.75	51.60	0.972 times
11 Wed Sep 2024	51.85	52.35	54.29	50.90	1.672 times
10 Tue Sep 2024	51.75	51.99	52.88	51.50	0.813 times
09 Mon Sep 2024	51.37	53.00	53.49	51.02	0.946 times
06 Fri Sep 2024	52.38	54.25	54.79	52.00	1.148 times
05 Thu Sep 2024	53.46	52.75	54.00	51.55	1.339 times
04 Wed Sep 2024	52.19	50.85	52.68	50.80	0.724 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.5, but if it comes above 51.5, then a intra day buy could be more profitable.
If you take a sell trade below 51.5, then use 51.5 as stoploss and 49.3 as target. However if you take a buy trade in stock , then use 51.5 as stoploss and 53.31 as target.

Share price targets for Hindcon Chemicals (HINDCON)

Target Type	Value
Downside Target	32.50
Downside Target	33.90
Downside Target	39.60
Downside Target	45.81
Downside Target	49.99
Upside Target	52.35
Upside Target	54.29
Upside Target	58.30
Upside Target	59.00
Upside Target	69.70
Upside Target	104.05
Upside Target	146.50

Intraday share price targets for Hindcon Chemicals (HINDCON)

Target Type	Value
Downside Intraday Target	50.2
Downside Intraday Target	49.4
Upside Intraday Target	52.08
Upside Intraday Target	53.16
Upside Intraday Target	51.28

Weekly technical analysis of Hindcon Chemicals (HINDCON)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	51.01	52.35	52.35	50.47	0.228 times
13 Fri Sep 2024	51.95	53.00	54.29	50.90	1.108 times
06 Fri Sep 2024	52.38	54.25	54.79	50.80	0.738 times
30 Fri Aug 2024	53.29	57.65	58.30	52.72	0.424 times
23 Fri Aug 2024	56.50	50.98	59.00	49.99	3.521 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
17 Tue Sep 2024	51.01	54.25	54.79	50.47	0.351 times
30 Fri Aug 2024	53.29	54.80	59.00	45.81	0.209 times
26 Tue Dec 2023	61.25	37.60	69.70	33.90	7.215 times
30 Thu Nov 2023	36.50	32.50	39.60	32.50	1.248 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 Hindcon Chemicals (HINDCON)

Price action analysis of Hindcon Chemicals ( (HINDCON) ) 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 Hindcon Chemicals ( (HINDCON) ) based on a short to mid 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 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 Weak 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Hindcon Chemicals 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 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 52.03 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.