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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 2024-04-15 View latest technical analysis

10 day averaged volume of Mukand is 398082

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	168.45	167.00	171.20	163.80	0.65 times
12 Fri Apr 2024	171.30	172.10	177.35	168.15	2.315 times
10 Wed Apr 2024	172.05	164.50	178.00	164.50	2.293 times
09 Tue Apr 2024	164.20	163.90	167.90	161.50	0.363 times
08 Mon Apr 2024	163.05	166.10	167.00	160.25	0.277 times
05 Fri Apr 2024	166.15	168.95	169.05	165.00	0.227 times
04 Thu Apr 2024	169.15	169.35	171.35	165.75	0.481 times
03 Wed Apr 2024	167.75	164.00	171.45	162.15	1.044 times
02 Tue Apr 2024	164.40	161.05	164.80	161.00	0.66 times
01 Mon Apr 2024	160.20	149.95	163.15	149.95	1.023 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 167, but if it comes below 167, then a intra day sell could be more profitable.
If you take a sell trade below 167, then use 167 as stoploss and 157.03 as target. However if you take a buy trade in stock , then use 167 as stoploss and 179.1 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	171.20
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	164.43
Downside Intraday Target	160.42
Upside Intraday Target	171.83
Upside Intraday Target	175.22
Downside Intraday Target	167.82

Weekly technical analysis of Mukand (MUKANDLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	168.45	167.00	171.20	163.80	0.124 times
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

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 Mukand (MUKANDLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	168.45	149.95	178.00	149.95	0.796 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 Weak and stock is losing 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 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 Mukand in short term but SELL signal is weak.

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 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 168.43 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.