(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 2022-06-09 View latest technical analysis
10 day averaged volume of Mafatlal Ind is 8602
|Date||Daily Closing Price||Open||High||Low||Volume|
|09 Thu Jun 2022||204.80||207.00||213.10||193.25||0.192 times|
|08 Wed Jun 2022||203.05||207.45||208.00||198.00||0.731 times|
|07 Tue Jun 2022||203.90||191.35||204.20||191.30||0.26 times|
|06 Mon Jun 2022||195.00||197.30||200.95||189.25||0.15 times|
|03 Fri Jun 2022||197.35||206.90||206.90||197.35||2.548 times|
|02 Thu Jun 2022||207.70||214.40||214.60||197.05||2.709 times|
|01 Wed Jun 2022||207.10||207.00||208.95||190.30||1.363 times|
|31 Tue May 2022||199.55||199.55||199.55||199.55||1.485 times|
|30 Mon May 2022||190.05||190.05||190.05||190.05||0.085 times|
|27 Fri May 2022||181.00||178.00||185.95||178.00||0.025 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 202.4, but if it comes below 202.4, then a intra day sell could be more profitable.
If you take a sell trade below 202.4, then use 202.4 as stoploss and 192.97 as target. However if you take a buy trade in stock , then use 202.4 as stoploss and 213.7 as target.
Share price targets for Mafatlal Ind (MafatlalInd)
Intraday share price targets for Mafatlal Ind (MafatlalInd)
|Downside Intraday Target||191.67|
|Downside Intraday Target||178.53|
|Upside Intraday Target||215.52|
|Upside Intraday Target||226.23|
|Downside Intraday Target||202.38|
Weekly technical analysis of Mafatlal Ind (MafatlalInd)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|09 Thu Jun 2022||204.80||197.30||213.10||189.25||0.163 times|
|03 Fri Jun 2022||197.35||190.05||214.60||190.05||6.685 times|
|27 Fri May 2022||181.00||206.05||206.05||173.30||1.493 times|
|20 Fri May 2022||200.05||188.65||200.05||176.20||0.78 times|
|13 Fri May 2022||180.05||213.75||213.75||175.00||1.286 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|
|09 Thu Jun 2022||204.80||207.00||214.60||189.25||1.45 times|
|31 Tue May 2022||199.55||206.05||215.10||173.30||0.282 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|
Scroll below to view daily charts
Price has moved up 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||24, 13, 29||Buy|
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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mafatlal Ind in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY 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
Stock of Mafatlal Ind is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 202.64 and Mafatlal Ind (MafatlalInd) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.