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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 8503

Date Daily Closing Price Open High Low Volume
27 Fri Jan 2023 57.10 57.60 59.75 55.30 0.979 times
25 Wed Jan 2023 58.15 60.00 60.00 57.55 1.337 times
24 Tue Jan 2023 59.35 60.60 61.85 59.05 2.105 times
23 Mon Jan 2023 61.30 61.80 63.00 60.35 0.827 times
20 Fri Jan 2023 61.95 63.75 63.75 61.55 0.786 times
19 Thu Jan 2023 62.55 62.95 63.90 61.20 1.245 times
18 Wed Jan 2023 62.85 61.50 65.70 61.20 1.789 times
17 Tue Jan 2023 61.65 63.50 63.50 61.50 0.354 times
16 Mon Jan 2023 62.15 61.00 62.90 60.00 0.646 times
13 Fri Jan 2023 61.60 61.25 61.70 61.00 0.626 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 57.8, for a target of 60 or 61.88

Share price targets for Mafatlal Ind (MafatlalInd)

Target Type Value
Downside Target 53.90
Upside Target 60.00
Upside Target 63.00
Upside Target 65.70
Upside Target 68.00
Upside Target 71.00
Upside Target 300.00
Upside Target 306.75
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 53.93
Downside Intraday Target 50.77
Upside Intraday Target 61.63
Upside Intraday Target 66.17
Upside Intraday Target 58.47

Weekly technical analysis of Mafatlal Ind (MafatlalInd)

Date Weekly Closing Price Open High Low Volume
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
06 Fri Jan 2023 62.55 63.60 66.45 54.55 0.007 times
30 Fri Dec 2022 63.10 53.90 71.00 53.90 124.68 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
27 Fri Jan 2023 57.10 63.60 66.45 54.00 0.02 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
31 Mon Oct 2022 311.80 351.00 399.70 300.00 0.3 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, 36, 54 Sell
MACD -31, -36Buy
Stochastics 10Sell
CCI -170Sell
RSI 53Buy
OBV -119840Sell
VWAP 61Sell
ADL 0Sell
ROC -8Sell
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 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 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 getting stronger in this stock.

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 60.67 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

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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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