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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 11512

Date Daily Closing Price Open High Low Volume
08 Wed Feb 2023 54.15 55.95 56.00 52.55 0.859 times
07 Tue Feb 2023 54.80 54.15 56.20 53.40 0.36 times
06 Mon Feb 2023 55.10 56.00 56.30 54.15 0.534 times
03 Fri Feb 2023 53.70 54.55 56.35 53.00 1.135 times
02 Thu Feb 2023 54.85 55.05 58.20 54.30 1.178 times
01 Wed Feb 2023 56.40 59.75 59.75 56.05 0.536 times
31 Tue Jan 2023 57.95 59.90 59.90 56.00 1.026 times
30 Mon Jan 2023 57.60 56.20 60.00 56.20 1.965 times
27 Fri Jan 2023 57.10 57.60 59.75 55.30 0.723 times
25 Wed Jan 2023 58.15 60.00 60.00 57.55 0.987 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.7, but if it comes above 55.7, then a intra day buy could be more profitable.
If you take a sell trade below 55.7, then use 55.7 as stoploss and 52 as target. However if you take a buy trade in stock , then use 55.7 as stoploss and 58.83 as target.

Share price targets for Mafatlal Ind (MafatlalInd)

Target Type Value
Downside Target 52.55
Upside Target 55.30
Upside Target 59.75
Upside Target 63.00
Upside Target 64.00
Upside Target 65.70
Upside Target 66.45
Upside Target 68.00
Upside Target 71.00
Upside Target 300.00
Upside Target 388.40
Upside Target 399.70

Intraday share price targets for Mafatlal Ind (MafatlalInd)

Target Type Value
Downside Intraday Target 52.37
Downside Intraday Target 50.58
Upside Intraday Target 56.12
Upside Intraday Target 58.08
Upside Intraday Target 54.33

Weekly technical analysis of Mafatlal Ind (MafatlalInd)

Date Weekly Closing Price Open High Low Volume
08 Wed Feb 2023 54.15 56.00 56.30 52.55 0.3 times
03 Fri Feb 2023 53.70 56.20 60.00 53.00 1.506 times
27 Fri Jan 2023 57.10 61.80 63.00 55.30 1.089 times
20 Fri Jan 2023 61.95 61.00 65.70 60.00 0.566 times
13 Fri Jan 2023 61.60 61.80 64.00 54.00 0.83 times

Price has moved up 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 Feb 2023 54.15 59.75 59.75 52.55 0.189 times
31 Tue Jan 2023 57.95 63.60 66.45 54.00 0.023 times
30 Fri Dec 2022 63.10 68.50 71.00 53.90 20.004 times
30 Wed Nov 2022 68.50 326.00 388.40 68.00 5.019 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 6, 28, 67 Sell
MACD -23, -26Buy
Stochastics 21Sell
CCI -95Sell
RSI 55Buy
OBV -35029Sell
VWAP 56Sell
ADL 0Sell
ROC -9Sell
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 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 BUY signal for Mafatlal Ind in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 and the buying is gaining 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 56.19 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.

Click here for Mafatlal Ind charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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