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(MUKANDLTD) Mukand complete technical analysis [charts+indicators] | Buy/Sell Mukand | (MUKANDLTD) share price targets

Complete technical analysis of Mukand (MUKANDLTD) by charts plus indicators, forecast predictions and share price targets for Mukand (MUKANDLTD)

Mukand trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Mukand is 303155

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	166.15	168.95	169.05	165.00	0.298 times
04 Thu Apr 2024	169.15	169.35	171.35	165.75	0.632 times
03 Wed Apr 2024	167.75	164.00	171.45	162.15	1.371 times
02 Tue Apr 2024	164.40	161.05	164.80	161.00	0.866 times
01 Mon Apr 2024	160.20	149.95	163.15	149.95	1.343 times
28 Thu Mar 2024	148.75	149.65	158.15	147.00	1.73 times
27 Wed Mar 2024	145.60	146.60	151.70	143.20	1.417 times
26 Tue Mar 2024	145.90	149.80	151.00	145.00	0.73 times
22 Fri Mar 2024	149.85	148.10	152.85	147.80	0.68 times
21 Thu Mar 2024	148.10	148.25	151.60	146.85	0.778 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 162.3, but if it comes below 162.3, then a intra day sell could be more profitable.
If you take a sell trade below 162.3, then use 162.3 as stoploss and 153.76 as target. However if you take a buy trade in stock , then use 162.3 as stoploss and 172.5 as target.

Share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Target	139.60
Downside Target	149.95
Downside Target	153.10
Downside Target	158.15
Downside Target	163.80
Upside Target	171.45
Upside Target	174.55
Upside Target	174.60
Upside Target	176.60
Upside Target	208.70
Upside Target	212.80

Intraday share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Intraday Target	153.58
Downside Intraday Target	141.02
Upside Intraday Target	175.08
Upside Intraday Target	184.02
Downside Intraday Target	162.52

Weekly technical analysis of Mukand (MUKANDLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	166.15	149.95	171.45	149.95	1.163 times
28 Thu Mar 2024	148.75	149.80	158.15	143.20	1.152 times
22 Fri Mar 2024	149.85	147.00	153.10	141.60	0.618 times
15 Fri Mar 2024	147.10	163.40	164.00	139.60	3.008 times
07 Thu Mar 2024	163.90	174.55	174.55	160.00	0.431 times

Price has moved up 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 Mukand (MUKANDLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	166.15	149.95	171.45	149.95	0.293 times
28 Thu Mar 2024	148.75	167.25	174.60	139.60	0.549 times
29 Thu Feb 2024	165.70	187.00	208.70	153.55	0.904 times
31 Wed Jan 2024	186.05	198.10	212.80	176.60	0.746 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 Mukand (MUKANDLTD)

Price action analysis of Mukand ( (MUKANDLTD) ) 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 Mukand ( (MUKANDLTD) ) 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 Mukand ( (MUKANDLTD) ) based on a mid to longer 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.

ADX buy sell signal for Mukand stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mukand in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mukand 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mukand in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 Mukand is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 155.53 and Mukand (MUKANDLTD) 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 Mukand (MUKANDLTD) stock. Volume based technical analysis of Mukand (MUKANDLTD) stock is negative.

Mukand Stock is giving positive 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.