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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 2024-02-02 View latest technical analysis

10 day averaged volume of Meghmani Organics is 2571922

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	89.55	87.70	91.70	85.65	1.658 times
01 Thu Feb 2024	87.10	88.00	89.50	86.00	1.284 times
31 Wed Jan 2024	87.15	80.00	88.95	79.95	3.81 times
30 Tue Jan 2024	81.55	85.10	85.90	80.65	1.714 times
29 Mon Jan 2024	84.65	85.50	86.10	84.40	0.545 times
25 Thu Jan 2024	84.80	83.25	85.65	83.20	0.332 times
24 Wed Jan 2024	83.05	83.95	84.60	82.00	0.311 times
23 Tue Jan 2024	83.95	86.85	87.90	82.00	0.624 times
22 Mon Jan 2024	85.65	84.95	86.50	84.25	0.35 times
19 Fri Jan 2024	84.55	83.65	85.90	83.60	0.538 times

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 90.4, for a target of 87.9 or 85.82

Share price targets for Meghmani Organics (MOL)

Target Type	Value
Downside Target	71.90
Downside Target	74.10
Downside Target	77.80
Downside Target	85.15
Downside Target	85.65
Downside Target	87.90
Downside Target	89.35
Upside Target	91.25
Upside Target	91.70
Upside Target	93.90

Intraday share price targets for Meghmani Organics (MOL)

Target Type	Value
Downside Intraday Target	82.43
Downside Intraday Target	75.32
Upside Intraday Target	94.18
Upside Intraday Target	98.82
Downside Intraday Target	87.07

Weekly technical analysis of Meghmani Organics (MOL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	89.55	85.50	91.70	79.95	5.572 times
25 Thu Jan 2024	84.80	84.95	87.90	82.00	0.592 times
19 Fri Jan 2024	84.55	86.00	89.35	80.70	0.901 times
12 Fri Jan 2024	85.60	89.55	91.25	85.15	0.209 times
05 Fri Jan 2024	89.50	77.80	93.90	77.80	8.433 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 Meghmani Organics (MOL)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	89.55	88.00	91.70	85.65	0.105 times
31 Wed Jan 2024	87.15	77.80	93.90	77.80	3.078 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

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 Meghmani Organics (MOL)

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Meghmani Organics ( (MOL) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is gaining 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 stronger in this stock.

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 Meghmani Organics 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 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 85.98 and Meghmani Organics (MOL) 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 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.