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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 2024-12-16 View latest technical analysis

10 day averaged volume of Hindcon Chemicals is 89912

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	48.17	49.00	49.98	48.00	0.637 times
13 Fri Dec 2024	48.75	49.23	49.23	47.00	0.445 times
12 Thu Dec 2024	49.23	48.50	50.27	48.50	0.654 times
02 Fri Aug 2024	55.83	55.60	57.70	54.06	1.223 times
01 Thu Aug 2024	56.65	56.25	57.06	53.60	3.07 times
31 Wed Jul 2024	54.35	51.16	54.35	51.16	1.599 times
30 Tue Jul 2024	51.77	52.10	52.10	51.01	0.511 times
29 Mon Jul 2024	51.93	52.33	52.79	50.62	0.698 times
26 Fri Jul 2024	52.34	52.10	53.00	51.15	0.748 times
25 Thu Jul 2024	51.92	51.10	53.50	51.00	0.562 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.5, but if it comes above 49.5, then a intra day buy could be more profitable.
If you take a sell trade below 49.5, then use 49.5 as stoploss and 46.9 as target. However if you take a buy trade in stock , then use 49.5 as stoploss and 51.71 as target.

Share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Target	46.65
Downside Target	48.00
Upside Target	49.35
Upside Target	53.60
Upside Target	53.99
Upside Target	55.10
Upside Target	56.45
Upside Target	57.70
Upside Target	61.70

Intraday share price targets for Hindcon Chemicals (HINDCON_BE)

Target Type	Value
Downside Intraday Target	47.45
Downside Intraday Target	46.74
Upside Intraday Target	49.43
Upside Intraday Target	50.7
Upside Intraday Target	48.72

Weekly technical analysis of Hindcon Chemicals (HINDCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	48.17	49.00	49.98	48.00	0.579 times
13 Fri Dec 2024	48.75	48.50	50.27	47.00	0.155 times
02 Fri Aug 2024	55.83	52.33	57.70	50.62	2.211 times
26 Fri Jul 2024	52.34	51.40	53.99	50.00	0.477 times
19 Fri Jul 2024	52.74	50.65	55.10	49.35	2.816 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	48.17	48.50	50.27	47.00	0.404 times
02 Fri Aug 2024	55.83	56.25	57.70	53.60	0.241 times
31 Wed Jul 2024	54.35	49.96	55.10	48.35	1.357 times
28 Fri Jun 2024	50.79	49.50	56.45	46.65	1.222 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_BE)

Price action analysis of Hindcon Chemicals ( (HINDCON_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Hindcon Chemicals ( (HINDCON_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Hindcon Chemicals ( (HINDCON_BE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Hindcon Chemicals ( (HINDCON_BE) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 buy signal for Hindcon Chemicals in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 53.68 and Hindcon Chemicals (HINDCON_BE) 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_BE) stock. Volume based technical analysis of Hindcon Chemicals (HINDCON_BE) 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.