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(MAHICKRA_SM) Mahickra Chemical complete technical analysis [charts+indicators] | Buy/Sell Mahickra Chemical | (MAHICKRA_SM) share price targets

Complete technical analysis of Mahickra Chemical (MAHICKRA_SM) by charts plus indicators, forecast predictions and share price targets for Mahickra Chemical (MAHICKRA_SM)

Showing technical analysis as on 2024-12-03 View latest technical analysis

10 day averaged volume of Mahickra Chemical is 10050

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	101.75	102.75	106.80	99.50	9.925 times
02 Mon Dec 2024	107.00	112.00	112.50	106.00	0.448 times
29 Fri Nov 2024	112.50	106.00	112.50	105.50	0.224 times
28 Thu Nov 2024	113.00	109.50	115.00	109.50	0.224 times
27 Wed Nov 2024	109.50	109.45	128.50	105.00	0.522 times
26 Tue Nov 2024	109.45	109.45	109.45	109.45	0.075 times
25 Mon Nov 2024	109.50	101.20	109.50	99.50	4.403 times
22 Fri Nov 2024	109.00	110.00	125.00	103.00	1.119 times
21 Thu Nov 2024	108.90	108.95	108.95	108.90	0.149 times
19 Tue Nov 2024	108.00	109.50	109.50	100.00	2.761 times

Stock of Mahickra Chemical (MAHICKRA_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 104.1, but if it comes above 104.1, then a intra day buy could be more profitable.
If you take a sell trade below 104.1, then use 104.1 as stoploss and 99.7 as target. However if you take a buy trade in stock , then use 104.1 as stoploss and 107.73 as target.

Share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Target	89.80
Downside Target	96.15
Downside Target	99.50
Upside Target	109.00
Upside Target	112.50
Upside Target	116.50
Upside Target	118.00
Upside Target	121.00
Upside Target	125.00
Upside Target	128.50

Intraday share price targets for Mahickra Chemical (MAHICKRA_SM)

Target Type	Value
Downside Intraday Target	96.67
Downside Intraday Target	91.58
Upside Intraday Target	109.67
Upside Intraday Target	117.58
Upside Intraday Target	104.58

Weekly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	101.75	112.00	112.50	99.50	1.904 times
29 Fri Nov 2024	112.50	101.20	128.50	99.50	1.327 times
22 Fri Nov 2024	109.00	108.00	125.00	100.00	2.895 times
14 Thu Nov 2024	105.00	100.00	109.00	99.50	0.432 times
08 Fri Nov 2024	109.00	109.95	109.95	96.15	0.512 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahickra Chemical (MAHICKRA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	101.75	112.00	112.50	99.50	0.716 times
29 Fri Nov 2024	112.50	119.00	128.50	96.15	0.638 times
31 Thu Oct 2024	113.00	107.00	121.00	90.00	6.333 times
27 Fri Sep 2024	109.95	103.00	118.00	89.80	0.331 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 Mahickra Chemical (MAHICKRA_SM)

Price action analysis of Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical ( (MAHICKRA_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mahickra Chemical ( (MAHICKRA_SM) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mahickra Chemical ( (MAHICKRA_SM) ) 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 Mahickra Chemical stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mahickra Chemical in short term and the sell signal is strong.

Mahickra Chemical 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 SELL signal for Mahickra Chemical in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Mahickra Chemical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 105.4 and Mahickra Chemical (MAHICKRA_SM) 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 Mahickra Chemical (MAHICKRA_SM) stock. Volume based technical analysis of Mahickra Chemical (MAHICKRA_SM) stock is negative.

Mahickra Chemical 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.