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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 2024-12-02 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 439603

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	50.57	55.50	55.50	50.24	1.625 times
29 Fri Nov 2024	55.83	49.20	56.35	47.30	6.404 times
28 Thu Nov 2024	48.20	40.64	48.82	40.54	2.332 times
27 Wed Nov 2024	40.69	40.90	41.24	39.52	0.099 times
26 Tue Nov 2024	40.25	40.23	40.76	40.00	0.048 times
25 Mon Nov 2024	40.23	41.00	41.00	39.61	0.097 times
22 Fri Nov 2024	39.31	38.85	40.40	38.71	0.085 times
21 Thu Nov 2024	38.89	40.59	41.69	38.00	0.229 times
19 Tue Nov 2024	40.59	39.21	42.00	39.21	0.138 times
18 Mon Nov 2024	39.47	42.12	42.13	39.00	0.261 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.7, but if it comes below 48.7, then a intra day sell could be more profitable.
If you take a sell trade below 48.7, then use 48.7 as stoploss and 44.32 as target. However if you take a buy trade in stock , then use 48.7 as stoploss and 53.9 as target.

Share price targets for Hindcon Chemicals (HINDCON)

Target Type	Value
Downside Target	38.00
Downside Target	39.52
Downside Target	42.03
Downside Target	45.75
Downside Target	47.70
Downside Target	50.24
Upside Target	51.60
Upside Target	54.79
Upside Target	55.50
Upside Target	56.35
Upside Target	59.00

Intraday share price targets for Hindcon Chemicals (HINDCON)

Target Type	Value
Downside Intraday Target	48.71
Downside Intraday Target	46.84
Upside Intraday Target	53.97
Upside Intraday Target	57.36
Upside Intraday Target	52.1

Weekly technical analysis of Hindcon Chemicals (HINDCON)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	50.57	55.50	55.50	50.24	0.181 times
29 Fri Nov 2024	55.83	41.00	56.35	39.52	12.594 times
22 Fri Nov 2024	39.31	42.12	42.13	38.00	0.879 times
14 Thu Nov 2024	40.31	46.50	46.50	40.00	1.433 times
08 Fri Nov 2024	46.58	47.70	47.70	45.75	0.737 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
02 Mon Dec 2024	50.57	55.50	55.50	50.24	0.146 times
29 Fri Nov 2024	55.83	47.10	56.35	38.00	2.713 times
31 Thu Oct 2024	46.07	49.02	51.60	42.03	0.807 times
30 Mon Sep 2024	49.02	54.25	54.79	48.06	0.598 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Hindcon Chemicals stock for short term is BUY. Signal strength is Strong and stock is losing 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 green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying 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 52.14 and Hindcon Chemicals (HINDCON) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.