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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 2024-06-04 View latest technical analysis

10 day averaged volume of Meghmani Organics is 614917

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	73.80	79.00	79.55	71.40	3.414 times
03 Mon Jun 2024	78.95	82.75	83.00	78.65	1.287 times
31 Fri May 2024	80.70	78.80	81.45	78.20	1.029 times
30 Thu May 2024	78.80	79.70	80.40	78.60	0.606 times
29 Wed May 2024	79.40	79.30	79.85	79.00	0.445 times
28 Tue May 2024	79.30	80.55	80.55	79.05	0.642 times
27 Mon May 2024	79.90	81.30	81.50	79.50	1.501 times
24 Fri May 2024	81.15	81.60	82.50	80.95	0.922 times
23 Thu May 2024	81.20	80.45	81.95	80.15	0.744 times
22 Wed May 2024	80.35	81.70	82.40	79.90	1.659 times

Stock of Meghmani Organics (MOL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 76, for a target of 78.8 or 81.09

Share price targets for Meghmani Organics (MOL)

Target Type	Value
Downside Target	71.40
Upside Target	75.75
Upside Target	83.00
Upside Target	83.45
Upside Target	85.35
Upside Target	86.40
Upside Target	87.70
Upside Target	92.70
Upside Target	99.90
Upside Target	104.50

Intraday share price targets for Meghmani Organics (MOL)

Target Type	Value
Downside Intraday Target	69.13
Downside Intraday Target	64.47
Upside Intraday Target	80.73
Upside Intraday Target	87.67
Upside Intraday Target	76.07

Weekly technical analysis of Meghmani Organics (MOL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	73.80	82.75	83.00	71.40	1.113 times
31 Fri May 2024	80.70	81.30	81.50	78.20	0.941 times
24 Fri May 2024	81.15	83.00	83.45	79.90	0.678 times
18 Sat May 2024	83.00	80.10	85.35	79.50	1.714 times
10 Fri May 2024	84.10	86.15	86.40	81.05	0.809 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
04 Tue Jun 2024	73.80	82.75	83.00	71.40	0.219 times
31 Fri May 2024	80.70	86.60	87.70	78.20	0.44 times
30 Tue Apr 2024	86.60	79.75	92.70	79.75	0.867 times
28 Thu Mar 2024	79.30	97.85	99.90	75.75	0.399 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 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 to mid 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 Meghmani Organics ( (MOL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Meghmani Organics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Meghmani Organics in short term and the sell signal is strong.

Meghmani Organics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Meghmani Organics 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 negative zone. This is the SELL zone

Stock of Meghmani Organics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 78.3 and Meghmani Organics (MOL) 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 Meghmani Organics (MOL) stock. Volume based technical analysis of Meghmani Organics (MOL) stock is negative.

Meghmani Organics 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.