(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 76399
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Dec 2022 | 63.25 | 62.70 | 63.50 | 60.00 | 0.386 times |
| 06 Tue Dec 2022 | 61.40 | 63.85 | 67.70 | 59.65 | 2.436 times |
| 05 Mon Dec 2022 | 63.85 | 66.95 | 67.75 | 63.05 | 0.439 times |
| 02 Fri Dec 2022 | 65.90 | 69.75 | 69.75 | 65.40 | 0.763 times |
| 01 Thu Dec 2022 | 69.05 | 68.50 | 69.75 | 66.60 | 0.666 times |
| 30 Wed Nov 2022 | 68.50 | 70.95 | 70.95 | 68.00 | 0.529 times |
| 29 Tue Nov 2022 | 69.70 | 72.50 | 73.70 | 69.00 | 0.525 times |
| 28 Mon Nov 2022 | 72.50 | 75.80 | 77.00 | 71.05 | 0.692 times |
| 25 Fri Nov 2022 | 77.25 | 78.35 | 80.70 | 75.80 | 1.788 times |
| 24 Thu Nov 2022 | 383.50 | 369.00 | 388.40 | 352.05 | 1.508 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 82.2, but if it comes above 82.2, then a intra day buy could be more profitable.
If you take a sell trade below 82.2, then use 82.2 as stoploss and -88.6 as target. However if you take a buy trade in stock , then use 82.2 as stoploss and 224.49 as target.
Share price targets for Mafatlal Ind (MafatlalInd)
| Target Type | Value |
| Downside Target | 59.65 |
| Upside Target | 65.40 |
| Upside Target | 67.75 |
| Upside Target | 69.75 |
| Upside Target | 75.80 |
| Upside Target | 217.15 |
| Upside Target | 300.00 |
| Upside Target | 306.75 |
| Upside Target | 322.85 |
| Upside Target | 331.00 |
| Upside Target | 355.00 |
| Upside Target | 383.00 |
| Upside Target | 388.40 |
| Upside Target | 399.70 |
| Upside Target | 408.00 |
Intraday share price targets for Mafatlal Ind (MafatlalInd)
| Target Type | Value |
| Downside Intraday Target | 59.35 |
| Downside Intraday Target | 55.45 |
| Upside Intraday Target | 67.45 |
| Upside Intraday Target | 71.65 |
| Upside Intraday Target | 63.55 |
Weekly technical analysis of Mafatlal Ind (MafatlalInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Dec 2022 | 63.25 | 66.95 | 67.75 | 59.65 | 1.027 times |
| 02 Fri Dec 2022 | 65.90 | 75.80 | 77.00 | 65.40 | 0.729 times |
| 25 Fri Nov 2022 | 77.25 | 337.85 | 388.40 | 75.80 | 6.157 times |
| 18 Fri Nov 2022 | 332.30 | 379.60 | 383.50 | 331.00 | 0.869 times |
| 11 Fri Nov 2022 | 370.15 | 383.00 | 383.00 | 355.00 | 1.645 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 |
| 07 Wed Dec 2022 | 63.25 | 68.50 | 69.75 | 59.65 | 0.581 times |
| 30 Wed Nov 2022 | 68.50 | 326.00 | 388.40 | 68.00 | 5.019 times |
| 31 Mon Oct 2022 | 311.80 | 351.00 | 399.70 | 300.00 | 0.3 times |
| 30 Fri Sep 2022 | 349.10 | 335.00 | 408.00 | 306.75 | 1.931 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 Mafatlal Ind (MafatlalInd)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 11, 57, 67 | Sell |
| MACD | -129, -106 | Sell |
| Stochastics | 1 | Sell |
| CCI | -45 | Sell |
| RSI | 35 | Sell |
| OBV | -340933 | Sell |
| VWAP | 117 | Sell |
| ADL | 0 | Sell |
| ROC | -83 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mafatlal Ind in short term and the sell signal is strong.
Mafatlal Ind 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 below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Mafatlal Ind in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Mafatlal Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 116.91 and Mafatlal Ind (MafatlalInd) 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 Mafatlal Ind (MafatlalInd) stock. Volume based technical analysis of Mafatlal Ind (MafatlalInd) stock is negative.
Mafatlal Ind 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.
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