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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)

Showing technical analysis as on 2022-05-06 View latest technical analysis

10 day averaged volume of Mafatlal Ind is 2450

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 205.20 209.00 215.10 203.25 1.695 times
05 Thu May 2022 211.05 207.10 216.40 207.10 0.472 times
04 Wed May 2022 207.10 213.85 213.85 206.50 0.742 times
02 Mon May 2022 210.80 206.05 213.85 203.00 0.435 times
29 Fri Apr 2022 209.05 209.50 215.50 209.00 0.418 times
28 Thu Apr 2022 214.95 217.40 217.40 206.00 0.702 times
27 Wed Apr 2022 211.75 218.45 218.45 204.00 1.392 times
26 Tue Apr 2022 211.00 210.15 219.60 208.55 1.289 times
25 Mon Apr 2022 212.65 215.05 227.00 210.20 1.929 times
22 Fri Apr 2022 220.60 228.30 228.30 218.00 1.004 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 198.9 as stoploss in an intra day buy trade for a target of 213.92. However, stock will show a bearish move below 198.9.

Share price targets for Mafatlal Ind (MafatlalInd)

Target Type Value
Downside Target 153.55
Downside Target 171.80
Downside Target 185.25
Downside Target 202.85
Upside Target 214.50
Upside Target 216.40
Upside Target 227.00
Upside Target 247.65
Upside Target 250.05
Upside Target 255.00
Upside Target 257.85

Intraday share price targets for Mafatlal Ind (MafatlalInd)

Target Type Value
Downside Intraday Target 200
Downside Intraday Target 194.8
Upside Intraday Target 213.4
Upside Intraday Target 221.6
Upside Intraday Target 208.2

Weekly technical analysis of Mafatlal Ind (MafatlalInd)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 205.20 206.05 216.40 203.00 0.584 times
29 Fri Apr 2022 209.05 215.05 227.00 204.00 0.314 times
22 Fri Apr 2022 220.60 245.40 250.05 214.50 0.504 times
13 Wed Apr 2022 247.50 186.05 247.65 185.25 5.343 times
08 Fri Apr 2022 186.45 173.50 202.85 173.50 0.562 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
06 Fri May 2022 205.20 206.05 216.40 203.00 0.049 times
29 Fri Apr 2022 209.05 175.15 250.05 173.50 1.572 times
31 Thu Mar 2022 174.60 168.00 186.60 153.55 0.94 times
28 Mon Feb 2022 166.20 255.00 255.00 155.90 0.367 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 16, 20, 12 Sell
MACD 9, 12Sell
Stochastics 19Sell
CCI -105Sell
RSI 54Buy
OBV 46241Sell
VWAP 211Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Mafatlal Ind ( (MafatlalInd) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mafatlal Ind ( (MafatlalInd) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mafatlal Ind stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mafatlal Ind in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 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 211.3 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 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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Daily charts

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Daily chart

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