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

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

10 day averaged volume of Mafatlal Ind is 77883

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 128.70 134.50 134.50 128.00 0.278 times
07 Tue May 2024 132.25 129.00 135.00 127.50 1.482 times
06 Mon May 2024 129.00 135.00 137.00 128.00 0.675 times
03 Fri May 2024 133.80 135.00 139.00 131.55 0.366 times
02 Thu May 2024 135.45 137.00 137.00 130.00 0.404 times

My analysis of stock is bullish for shortterm, and stock might move up till 132.1 or till 137.7. Use a stoploss of 127.41 and if this stock hits its stoploss, then it can fall down till 122.73

Share price targets for Mafatlal Ind (MafatlalInd)

Target Type Value
Downside Target 97.20
Downside Target 113.55
Downside Target 120.55
Downside Target 126.50
Upside Target 134.50
Upside Target 137.00
Upside Target 139.00
Upside Target 143.50
Upside Target 147.00
Upside Target 160.00

Intraday share price targets for Mafatlal Ind (MafatlalInd)

Target Type Value
Downside Intraday Target 125.13
Downside Intraday Target 121.57
Upside Intraday Target 134.63
Upside Intraday Target 140.57
Upside Intraday Target 131.07

Weekly technical analysis of Mafatlal Ind (MafatlalInd)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 128.70 135.00 137.00 127.50 0.452 times
03 Fri May 2024 133.80 123.00 147.00 122.15 2.037 times
26 Fri Apr 2024 124.00 125.00 129.90 120.60 1.368 times
19 Fri Apr 2024 125.05 117.40 126.50 113.60 1.453 times
12 Fri Apr 2024 124.40 134.00 134.50 120.55 0.257 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 Mafatlal Ind (MafatlalInd)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 128.70 137.00 139.00 127.50 0.204 times
30 Tue Apr 2024 134.15 113.55 147.00 113.55 0.69 times
28 Thu Mar 2024 113.35 140.10 143.50 97.20 0.663 times
29 Thu Feb 2024 139.20 154.65 160.00 135.60 2.333 times

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 Mafatlal Ind (MafatlalInd)

Indicator Name Indicator Value Indicator Signal
ADX 22, 15, 18 Buy
MACD 1, 0Buy
Stochastics 36None
CCI -2Sell
RSI 58Buy
OBV 208925Sell
VWAP 132Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Mafatlal Ind ( (MafatlalInd) ) 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 Mafatlal Ind ( (MafatlalInd) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mafatlal Ind ( (MafatlalInd) ) 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 Mafatlal Ind ( (MafatlalInd) ) 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 Mafatlal Ind stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mafatlal Ind in short term and the buy signal is strong.

Mafatlal Ind Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 SELL signal for Mafatlal Ind in short term and SELL signal is strong!

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 Mafatlal Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 131.81 and Mafatlal Ind (MafatlalInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mafatlal Ind (MafatlalInd) stock. Volume based technical analysis of Mafatlal Ind (MafatlalInd) stock is negative.

Mafatlal Ind 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.

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