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(MOL) Meghmani Organics complete technical analysis [charts+indicators] | Buy/Sell Meghmani Organics | (MOL) share price targets

Complete technical analysis of Meghmani Organics (MOL) by charts plus indicators, forecast predictions and share price targets for Meghmani Organics (MOL)

Showing technical analysis as on 2024-01-08 View latest technical analysis

10 day averaged volume of Meghmani Organics is 4293883

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	87.15	89.55	89.85	87.00	0.353 times
05 Fri Jan 2024	89.50	90.40	92.55	88.05	0.528 times
04 Thu Jan 2024	90.40	91.15	93.90	90.00	0.761 times
03 Wed Jan 2024	90.55	91.45	92.30	88.60	1.332 times
02 Tue Jan 2024	90.85	78.80	92.70	78.80	5.828 times
01 Mon Jan 2024	78.40	77.80	79.95	77.80	0.25 times
29 Fri Dec 2023	77.80	77.25	78.65	76.75	0.342 times
28 Thu Dec 2023	76.85	78.60	79.00	76.40	0.242 times
27 Wed Dec 2023	78.45	80.40	80.80	78.10	0.273 times
26 Tue Dec 2023	79.95	80.80	80.95	79.15	0.174 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 86.1, but if it comes below 86.1, then a intra day sell could be more profitable.
If you take a sell trade below 86.1, then use 86.1 as stoploss and 80.34 as target. However if you take a buy trade in stock , then use 86.1 as stoploss and 92.9 as target.

Share price targets for Meghmani Organics (MOL)

Target Type	Value
Downside Target	71.90
Downside Target	74.10
Downside Target	80.95
Downside Target	82.40
Downside Target	82.65
Downside Target	87.00
Upside Target	89.85
Upside Target	92.55
Upside Target	93.90

Intraday share price targets for Meghmani Organics (MOL)

Target Type	Value
Downside Intraday Target	86.15
Downside Intraday Target	85.15
Upside Intraday Target	89
Upside Intraday Target	90.85
Upside Intraday Target	88

Weekly technical analysis of Meghmani Organics (MOL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	87.15	89.55	89.85	87.00	0.041 times
05 Fri Jan 2024	89.50	77.80	93.90	77.80	8.433 times
29 Fri Dec 2023	77.80	80.80	80.95	76.40	0.396 times
22 Fri Dec 2023	80.40	75.05	82.40	75.00	3.801 times
15 Fri Dec 2023	75.05	76.50	76.85	74.10	0.69 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 Meghmani Organics (MOL)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	87.15	77.80	93.90	77.80	1.663 times
29 Fri Dec 2023	77.80	76.00	82.40	74.10	1.856 times
30 Thu Nov 2023	75.60	73.90	78.65	71.95	0.939 times
31 Tue Oct 2023	73.60	80.55	82.65	71.90	0.53 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Meghmani Organics (MOL)

Price action analysis of Meghmani Organics ( (MOL) ) 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 Meghmani Organics ( (MOL) ) 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 Meghmani Organics ( (MOL) ) 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 Meghmani Organics ( (MOL) ) 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 Meghmani Organics stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Meghmani Organics 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.

Meghmani Organics 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 coming down

CCI has generated a SELL signal for Meghmani Organics 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 Meghmani Organics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 88.96 and Meghmani Organics (MOL) 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 Meghmani Organics (MOL) stock. Volume based technical analysis of Meghmani Organics (MOL) stock is negative.

Meghmani Organics 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.