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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 2024-05-03 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 80425

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	59.65	60.50	61.70	56.55	3.783 times
02 Thu May 2024	59.10	57.50	59.10	57.00	2.426 times
30 Tue Apr 2024	56.30	54.20	56.30	53.70	2.044 times
29 Mon Apr 2024	53.65	52.50	53.65	52.00	1.597 times
26 Fri Apr 2024	51.10	50.90	51.60	50.00	0.435 times
25 Thu Apr 2024	50.90	50.00	52.20	49.75	0.543 times
24 Wed Apr 2024	51.30	52.15	53.00	49.65	0.536 times
23 Tue Apr 2024	52.10	49.95	52.35	49.35	0.918 times
22 Mon Apr 2024	49.90	49.05	50.25	48.80	0.468 times
19 Fri Apr 2024	49.05	50.15	50.45	48.60	0.555 times

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

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 58.7, for a target of 55.3 or 52.42

Share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Target	45.00
Downside Target	48.20
Downside Target	53.05
Downside Target	54.00
Downside Target	55.00
Downside Target	56.30
Downside Target	56.55
Upside Target	61.35
Upside Target	61.70
Upside Target	62.65

Intraday share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Intraday Target	53.87
Downside Intraday Target	48.08
Upside Intraday Target	63.57
Upside Intraday Target	67.48
Downside Intraday Target	57.78

Weekly technical analysis of Hindcon Chemicals (HINDCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	59.65	52.50	61.70	52.00	3.397 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Hindcon Chemicals (HINDCON_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	59.65	57.50	61.70	56.55	0.417 times
30 Tue Apr 2024	56.30	52.90	56.30	48.60	1.383 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

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 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 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 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 and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 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 56.04 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.