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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 2022-05-18 View latest technical analysis

10 day averaged volume of Mafatlal Ind is 1777

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 189.50 189.10 193.80 181.40 0.862 times
17 Tue May 2022 187.40 187.45 187.95 180.00 0.382 times
16 Mon May 2022 180.70 188.65 188.65 176.20 0.515 times
13 Fri May 2022 180.05 180.00 187.55 175.10 0.057 times
12 Thu May 2022 178.85 175.35 188.00 175.00 1.15 times
11 Wed May 2022 183.95 200.75 200.75 183.75 1.968 times
10 Tue May 2022 193.40 196.20 196.25 190.20 0.654 times
09 Mon May 2022 196.40 213.75 213.75 195.00 1.263 times
06 Fri May 2022 205.20 209.00 215.10 203.25 2.337 times
05 Thu May 2022 211.05 207.10 216.40 207.10 0.651 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 188.1 as stoploss in an intra day buy trade for a target of 202.32. However, stock will show a bearish move below 188.1.

Share price targets for Mafatlal Ind (MafatlalInd)

Target Type Value
Downside Target 153.55
Downside Target 171.80
Downside Target 186.60
Upside Target 193.80
Upside Target 203.00
Upside Target 213.75
Upside Target 216.40
Upside Target 227.00
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 179.2
Downside Intraday Target 168.9
Upside Intraday Target 196.8
Upside Intraday Target 204.1
Downside Intraday Target 186.5

Weekly technical analysis of Mafatlal Ind (MafatlalInd)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 189.50 188.65 193.80 176.20 0.345 times
13 Fri May 2022 180.05 213.75 213.75 175.00 1.105 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

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
18 Wed May 2022 189.50 206.05 216.40 175.00 0.122 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 12, 22, 28 Sell
MACD -6, -2Sell
Stochastics 26Sell
CCI -28Buy
RSI 46Sell
OBV -35520Sell
VWAP 193Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Mafatlal Ind ( (MafatlalInd) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 losing momentum.

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

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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mafatlal Ind in short term but BUY signal is weak.

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 192.85 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.

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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