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

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

Showing technical analysis as on 2024-05-21 View latest technical analysis

10 day averaged volume of Chandnimach is 3703

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	52.72	57.80	57.80	52.65	1.158 times
18 Sat May 2024	55.30	55.24	55.30	52.00	0.582 times
17 Fri May 2024	52.71	56.09	56.09	51.31	0.318 times
16 Thu May 2024	53.81	52.30	56.00	52.30	1.302 times
15 Wed May 2024	55.00	56.00	56.00	52.63	1.748 times
14 Tue May 2024	55.40	54.15	57.99	54.15	0.946 times
13 Mon May 2024	57.00	57.00	58.25	54.62	1.933 times
10 Fri May 2024	57.49	58.55	58.55	55.35	0.739 times
09 Thu May 2024	56.65	58.80	58.99	55.00	1.533 times
08 Wed May 2024	57.83	59.85	59.85	55.87	0.443 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.3, but if it comes above 54.3, then a intra day buy could be more profitable.
If you take a sell trade below 54.3, then use 54.3 as stoploss and 50.7 as target. However if you take a buy trade in stock , then use 54.3 as stoploss and 57.34 as target.

Share price targets for Chandnimach (Chandnimach)

Target Type	Value
Downside Target	27.11
Downside Target	29.47
Downside Target	33.53
Downside Target	34.72
Downside Target	38.60
Downside Target	40.19
Downside Target	43.17
Downside Target	44.50
Downside Target	51.31
Downside Target	52.65
Upside Target	55.00
Upside Target	56.21
Upside Target	57.80
Upside Target	61.00
Upside Target	66.22
Upside Target	66.29

Intraday share price targets for Chandnimach (Chandnimach)

Target Type	Value
Downside Intraday Target	50.98
Downside Intraday Target	49.24
Upside Intraday Target	56.13
Upside Intraday Target	59.54
Upside Intraday Target	54.39

Weekly technical analysis of Chandnimach (Chandnimach)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	52.72	57.80	57.80	52.65	0.17 times
18 Sat May 2024	55.30	57.00	58.25	51.31	1.55 times
10 Fri May 2024	57.49	61.00	61.00	55.00	0.314 times
03 Fri May 2024	60.50	63.00	66.29	56.21	0.384 times
26 Fri Apr 2024	63.88	49.70	66.22	44.50	1.945 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 Chandnimach (Chandnimach)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Tue May 2024	52.72	58.00	61.10	51.31	0.201 times
30 Tue Apr 2024	58.01	38.80	66.29	38.60	5.402 times
28 Thu Mar 2024	37.90	39.00	40.19	29.47	0.301 times
29 Thu Feb 2024	39.79	35.83	43.17	33.53	1.543 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 Chandnimach (Chandnimach)

Price action analysis of Chandnimach ( (Chandnimach) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Chandnimach ( (Chandnimach) ) based on a short 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 Chandnimach ( (Chandnimach) ) 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 Chandnimach ( (Chandnimach) ) 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 Chandnimach stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Chandnimach in short term but the sell signal is initial and weak.

Chandnimach Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Chandnimach in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.48 and Chandnimach (Chandnimach) 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 Chandnimach (Chandnimach) stock. Volume based technical analysis of Chandnimach (Chandnimach) stock is negative.

Chandnimach Stock has given negative 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.