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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 2024-04-12 View latest technical analysis

10 day averaged volume of Mukand is 348890

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	171.30	172.10	177.35	168.15	2.641 times
10 Wed Apr 2024	172.05	164.50	178.00	164.50	2.617 times
09 Tue Apr 2024	164.20	163.90	167.90	161.50	0.414 times
08 Mon Apr 2024	163.05	166.10	167.00	160.25	0.316 times
05 Fri Apr 2024	166.15	168.95	169.05	165.00	0.259 times
04 Thu Apr 2024	169.15	169.35	171.35	165.75	0.549 times
03 Wed Apr 2024	167.75	164.00	171.45	162.15	1.191 times
02 Tue Apr 2024	164.40	161.05	164.80	161.00	0.753 times
01 Mon Apr 2024	160.20	149.95	163.15	149.95	1.167 times
28 Thu Mar 2024	148.75	149.65	158.15	147.00	1.504 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 165.8, but if it comes below 165.8, then a intra day sell could be more profitable.
If you take a sell trade below 165.8, then use 165.8 as stoploss and 155.77 as target. However if you take a buy trade in stock , then use 165.8 as stoploss and 177.9 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	174.60
Upside Target	176.60
Upside Target	178.00
Upside Target	208.70
Upside Target	212.80

Intraday share price targets for Mukand (MUKANDLTD)

Target Type	Value
Downside Intraday Target	161.7
Downside Intraday Target	152.1
Upside Intraday Target	179.45
Upside Intraday Target	187.6
Downside Intraday Target	169.85

Weekly technical analysis of Mukand (MUKANDLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	171.30	166.10	178.00	160.25	1.528 times
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

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 Mukand (MUKANDLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	171.30	149.95	178.00	149.95	0.741 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 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 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 gaining momentum.

MACD generated a BUY signal for Mukand 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.

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

CCI has generated a buy signal for Mukand 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 positive zone. This is a BUY zone

Stock of Mukand is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 165.83 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.