(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, -26 | Buy |
| Stochastics | 21 | Sell |
| CCI | -95 | Sell |
| RSI | 55 | Buy |
| OBV | -35029 | Sell |
| VWAP | 56 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | Sell |
| Force Index | 0 | Sell |
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.
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