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(HINDCON_BE) Hindcon Chemicals complete technical analysis [charts+indicators] | Buy/Sell Hindcon Chemicals | (HINDCON_BE) share price targets

Complete technical analysis of Hindcon Chemicals (HINDCON_BE) by charts plus indicators, forecast predictions and share price targets for Hindcon Chemicals (HINDCON_BE)

Showing technical analysis as on 2024-04-29 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 46519

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	53.65	52.50	53.65	52.00	2.761 times
26 Fri Apr 2024	51.10	50.90	51.60	50.00	0.752 times
25 Thu Apr 2024	50.90	50.00	52.20	49.75	0.939 times
24 Wed Apr 2024	51.30	52.15	53.00	49.65	0.927 times
23 Tue Apr 2024	52.10	49.95	52.35	49.35	1.588 times
22 Mon Apr 2024	49.90	49.05	50.25	48.80	0.809 times
19 Fri Apr 2024	49.05	50.15	50.45	48.60	0.959 times
18 Thu Apr 2024	50.15	49.90	50.85	49.90	0.827 times
16 Tue Apr 2024	49.95	48.65	50.90	48.65	0.801 times
15 Mon Apr 2024	49.65	51.00	51.00	48.60	1.322 times

Stock of Hindcon Chemicals (HINDCON_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.8, but if it comes below 52.8, then a intra day sell could be more profitable.
If you take a sell trade below 52.8, then use 52.8 as stoploss and 51.44 as target. However if you take a buy trade in stock , then use 52.8 as stoploss and 54.4 as target.

Share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Target	45.00
Downside Target	48.20
Downside Target	53.00
Downside Target	53.05
Downside Target	53.65
Upside Target	54.00
Upside Target	55.00
Upside Target	58.30
Upside Target	61.35
Upside Target	62.65

Intraday share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Intraday Target	52.55
Downside Intraday Target	51.45
Upside Intraday Target	54.2
Upside Intraday Target	54.75
Downside Intraday Target	53.1

Weekly technical analysis of Hindcon Chemicals (HINDCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	53.65	52.50	53.65	52.00	0.551 times
26 Fri Apr 2024	51.10	49.05	53.00	48.80	1.282 times
19 Fri Apr 2024	49.05	51.00	51.00	48.60	1.089 times
12 Fri Apr 2024	51.15	53.00	54.00	50.20	0.516 times
05 Fri Apr 2024	53.55	52.90	55.00	49.25	1.223 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	53.65	52.90	55.00	48.60	1.194 times
28 Thu Mar 2024	52.05	52.40	53.05	45.00	0.325 times
29 Thu Feb 2024	53.45	49.65	62.65	48.20	0.72 times
31 Wed Jan 2024	49.65	55.05	61.35	48.60	4.218 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_BE)

Price action analysis of Hindcon Chemicals ( (HINDCON_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) 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 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 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 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 51.28 and Hindcon Chemicals (HINDCON_BE) 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_BE) stock. Volume based technical analysis of Hindcon Chemicals (HINDCON_BE) 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.