(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 2022-05-09 View latest technical analysis
10 day averaged volume of Mafatlal Ind is 2469
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 196.40 | 213.75 | 213.75 | 195.00 | 0.909 times |
| 06 Fri May 2022 | 205.20 | 209.00 | 215.10 | 203.25 | 1.682 times |
| 05 Thu May 2022 | 211.05 | 207.10 | 216.40 | 207.10 | 0.468 times |
| 04 Wed May 2022 | 207.10 | 213.85 | 213.85 | 206.50 | 0.737 times |
| 02 Mon May 2022 | 210.80 | 206.05 | 213.85 | 203.00 | 0.432 times |
| 29 Fri Apr 2022 | 209.05 | 209.50 | 215.50 | 209.00 | 0.415 times |
| 28 Thu Apr 2022 | 214.95 | 217.40 | 217.40 | 206.00 | 0.696 times |
| 27 Wed Apr 2022 | 211.75 | 218.45 | 218.45 | 204.00 | 1.382 times |
| 26 Tue Apr 2022 | 211.00 | 210.15 | 219.60 | 208.55 | 1.279 times |
| 25 Mon Apr 2022 | 212.65 | 215.05 | 227.00 | 210.20 | 1.914 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 199.1, but if it comes above 199.1, then a intra day buy could be more profitable.
If you take a sell trade below 199.1, then use 199.1 as stoploss and 181.1 as target. However if you take a buy trade in stock , then use 199.1 as stoploss and 214 as target.
Share price targets for Mafatlal Ind (MafatlalInd)
| Target Type | Value |
| Downside Target | 153.55 |
| Downside Target | 171.80 |
| Downside Target | 185.25 |
| Downside Target | 195.00 |
| Upside Target | 203.00 |
| Upside Target | 213.75 |
| 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 | 189.68 |
| Downside Intraday Target | 182.97 |
| Upside Intraday Target | 208.43 |
| Upside Intraday Target | 220.47 |
| Upside Intraday Target | 201.72 |
Weekly technical analysis of Mafatlal Ind (MafatlalInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 196.40 | 213.75 | 213.75 | 195.00 | 0.274 times |
| 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 |
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 |
| 09 Mon May 2022 | 196.40 | 206.05 | 216.40 | 195.00 | 0.062 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 | 14, 24, 27 | Sell |
| MACD | 7, 11 | Sell |
| Stochastics | 15 | Sell |
| CCI | -210 | Sell |
| RSI | 52 | Buy |
| OBV | 39950 | Sell |
| VWAP | 209 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
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 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 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 Strong 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 209 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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