NSE Stock MITCON_BE Historical charts - Mitcon Con & Eng Ser Ltd

Historical charts for Stock MITCON_BE - Share Mitcon Con & Eng Ser Ltd trades in NSE

Moving Averages for

  • 5Day Average: 121.89
  • 12Day Average: 120
  • 20Day Average: 120.02
  • 50Day Average: 124.32
  • 100Day Average: 104.57

MITCON_BE Indicators & signals

Indicator MACD (12,26,9)

120.96, 120.47, -0.37
Indicator MACD is in positive zone

Indicator ADX (14)

26.32, 25.37, 14.8
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MITCON_BE are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 128.00 125.00 to 129.85 3.14% 1.78 times
25 Thu Apr 2024 124.10 118.05 to 124.45 4.68% 3.38 times
24 Wed Apr 2024 118.55 117.00 to 119.90 -1.13% 0.69 times
23 Tue Apr 2024 119.90 117.00 to 120.90 0.84% 1.06 times
22 Mon Apr 2024 118.90 115.00 to 119.55 1.19% 0.41 times
19 Fri Apr 2024 117.50 113.00 to 118.00 1.91% 0.4 times
18 Thu Apr 2024 115.30 114.00 to 120.00 -0.9% 1.06 times
16 Tue Apr 2024 116.35 112.05 to 117.85 -1.27% 0.59 times
15 Mon Apr 2024 117.85 112.85 to 119.00 -0.76% 0.83 times
12 Fri Apr 2024 118.75 117.50 to 121.90 -1.78% 1.03 times
10 Wed Apr 2024 120.90 119.15 to 126.00 -2.42% 0.56 times
09 Tue Apr 2024 123.90 118.70 to 126.50 0.49% 0.9 times

Technical analysis forecast of MITCON_BE Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in MITCON_BE MITCON_BE at this time. Stock is rising and might rise more.

It appears as if MITCON_BE MITCON_BE gave a large move recently.

Stock of MITCON_BE (MITCON_BE) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of MITCON_BE is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if MITCON_BE stays above 124.9, but if it comes below 124.9, then a intra day sell could be more profitable.
If you take a sell trade below 124.9, then use 124.9 as stoploss and 120.54 as target. However if you take a buy trade in MITCON_BE, then use 124.9 as stoploss and 130.1 as target.

Tomorrow's movement Prediction of MITCON_BE appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of MITCON_BE is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 118.75

Munafa value: 45

 Munafa value: 45

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

Videos related to: NSE Stock MITCON_BE Historical charts - Share Mitcon Con & Eng Ser Ltd

 Videos related to: NSE Stock MITCON_BE Historical charts - Share Mitcon Con & Eng Ser Ltd

How To Draw Trend Lines On Stock Charts For Beginners, Hindi Video - MunafaSutra

Hindi Video Most Important Stock Market Video. No Success Without This Formula

NSE Stock MITCON_BE Historical charts - Share Mitcon Con & Eng Ser Ltd

 

Back to top