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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 2024-10-18 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 88455

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	47.78	48.00	48.47	47.06	0.681 times
17 Thu Oct 2024	48.48	50.84	50.84	48.10	0.494 times
16 Wed Oct 2024	49.86	49.28	50.24	48.11	0.961 times
15 Tue Oct 2024	49.28	50.00	50.00	48.77	0.581 times
14 Mon Oct 2024	49.23	49.41	51.60	48.75	0.76 times
11 Fri Oct 2024	49.23	49.99	50.57	49.02	0.739 times
10 Thu Oct 2024	49.53	50.74	51.45	49.05	0.693 times
09 Wed Oct 2024	50.10	50.19	50.75	49.01	0.757 times
08 Tue Oct 2024	49.20	45.50	50.45	45.50	2.082 times
07 Mon Oct 2024	46.10	49.90	50.99	45.66	1.434 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.3, but if it comes above 48.3, then a intra day buy could be more profitable.
If you take a sell trade below 48.3, then use 48.3 as stoploss and 47.1 as target. However if you take a buy trade in stock , then use 48.3 as stoploss and 49.3 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	45.50
Downside Target	47.06
Upside Target	48.06
Upside Target	50.11
Upside Target	51.60
Upside Target	52.35
Upside Target	54.79
Upside Target	59.00
Upside Target	69.70

Intraday share price targets for Hindcon Chemicals (HINDCON)

Target Type	Value
Downside Intraday Target	46.03
Downside Intraday Target	44.27
Upside Intraday Target	50.57
Upside Intraday Target	53.35
Upside Intraday Target	48.81

Weekly technical analysis of Hindcon Chemicals (HINDCON)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	47.78	49.41	51.60	47.06	0.609 times
11 Fri Oct 2024	49.23	49.90	51.45	45.50	1.365 times
04 Fri Oct 2024	49.90	48.91	51.00	48.06	0.706 times
27 Fri Sep 2024	48.91	50.35	51.15	48.61	1.154 times
20 Fri Sep 2024	51.01	52.35	52.35	50.11	0.736 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
18 Fri Oct 2024	47.78	49.02	51.60	45.50	0.49 times
30 Mon Sep 2024	49.02	54.25	54.79	48.06	0.598 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Hindcon Chemicals ( (HINDCON) ) based on a mid to longer 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.

ADX buy sell signal for Hindcon Chemicals stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Hindcon Chemicals in short term but the buy signal is initial and weak.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Hindcon Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.75 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.