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

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

10 day averaged volume of Munjal Showa is 8071

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 155.40 151.75 156.10 149.90 0.511 times
07 Tue May 2024 151.20 152.90 154.40 150.75 0.53 times
06 Mon May 2024 154.65 157.65 158.35 154.40 0.499 times
03 Fri May 2024 157.65 159.60 159.95 157.30 0.308 times
02 Thu May 2024 158.30 160.90 165.00 157.65 2.004 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 156.4, but if it comes above 156.4, then a intra day buy could be more profitable.
If you take a sell trade below 156.4, then use 156.4 as stoploss and 150.5 as target. However if you take a buy trade in stock , then use 156.4 as stoploss and 161.38 as target.

Share price targets for Munjal Showa (MunjalShowa)

Target Type Value
Downside Target 141.95
Downside Target 149.90
Upside Target 155.95
Upside Target 165.00
Upside Target 167.30
Upside Target 168.95
Upside Target 175.85
Upside Target 200.00
Upside Target 203.20
Upside Target 211.00

Intraday share price targets for Munjal Showa (MunjalShowa)

Target Type Value
Downside Intraday Target 150.75
Downside Intraday Target 146.1
Upside Intraday Target 159.2
Upside Intraday Target 163
Downside Intraday Target 154.55

Weekly technical analysis of Munjal Showa (MunjalShowa)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 155.40 157.65 158.35 149.90 0.389 times
03 Fri May 2024 157.65 164.50 165.00 157.30 0.72 times
26 Fri Apr 2024 163.15 161.80 167.30 160.45 1.672 times
19 Fri Apr 2024 159.60 163.65 163.65 155.95 0.72 times
12 Fri Apr 2024 163.55 174.50 175.85 161.60 0.719 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 Munjal Showa (MunjalShowa)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 155.40 160.90 165.00 149.90 0.18 times
30 Tue Apr 2024 160.55 160.05 175.85 155.95 0.325 times
28 Thu Mar 2024 163.20 172.35 200.00 144.15 1.109 times
29 Thu Feb 2024 170.25 197.05 211.00 168.95 0.322 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 Munjal Showa (MunjalShowa)

Indicator Name Indicator Value Indicator Signal
ADX 13, 27, 35 Sell
MACD -6, -5Sell
Stochastics 12Sell
CCI -105Buy
RSI 58Buy
OBV -105042Sell
VWAP 160Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Munjal Showa ( (MunjalShowa) ) 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 Munjal Showa ( (MunjalShowa) ) 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 Munjal Showa ( (MunjalShowa) ) 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 Munjal Showa ( (MunjalShowa) ) 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 Munjal Showa stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Munjal Showa in short term and the sell signal is strong.

Munjal Showa Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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

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 Munjal Showa is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 160.36 and Munjal Showa (MunjalShowa) 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 Munjal Showa (MunjalShowa) stock. Volume based technical analysis of Munjal Showa (MunjalShowa) stock is negative.

Munjal Showa Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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

Click here for Munjal Showa charts

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