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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 2023-01-04 View latest technical analysis

10 day averaged volume of Mafatlal Ind is 1181938

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Jan 2023	64.55	64.70	65.50	62.60	0.007 times
03 Tue Jan 2023	64.75	64.00	65.50	63.10	0.005 times
02 Mon Jan 2023	64.10	63.60	64.50	61.50	0.012 times
30 Fri Dec 2022	63.10	65.00	66.75	57.00	0.017 times
29 Thu Dec 2022	65.60	63.80	66.75	63.50	0.011 times
28 Wed Dec 2022	65.10	67.80	67.80	64.10	0.014 times
27 Tue Dec 2022	67.30	70.00	71.00	66.05	0.072 times
26 Mon Dec 2022	65.60	53.90	65.60	53.90	9.806 times
23 Fri Dec 2022	54.70	58.00	59.65	54.00	0.022 times
22 Thu Dec 2022	58.75	61.30	61.30	57.35	0.02 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 65.4 as stoploss in an intra day sell trade for a target of 62.69. However, stock will show a bullish move above 65.4.

Share price targets for Mafatlal Ind (MafatlalInd)

Target Type	Value
Downside Target	53.90
Downside Target	59.65
Downside Target	64.00
Upside Target	67.75
Upside Target	68.00
Upside Target	71.00
Upside Target	300.00
Upside Target	306.75
Upside Target	388.40
Upside Target	399.70
Upside Target	408.00

Intraday share price targets for Mafatlal Ind (MafatlalInd)

Target Type	Value
Downside Intraday Target	62.2
Downside Intraday Target	59.85
Upside Intraday Target	66.2
Upside Intraday Target	67.85
Downside Intraday Target	63.85

Weekly technical analysis of Mafatlal Ind (MafatlalInd)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Jan 2023	64.55	63.60	65.50	61.50	0.002 times
30 Fri Dec 2022	63.10	53.90	71.00	53.90	124.68 times
23 Fri Dec 2022	54.70	64.00	64.00	54.00	1.184 times
16 Fri Dec 2022	62.75	61.75	64.40	60.80	0.246 times
09 Fri Dec 2022	61.20	66.95	67.75	59.65	1.332 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
04 Wed Jan 2023	64.55	63.60	65.50	61.50	0.002 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	4.648 times
31 Mon Oct 2022	311.80	351.00	399.70	300.00	0.324 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)

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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

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

RSI is generating a SELL signal in short term but selling 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 65.57 and Mafatlal Ind (MafatlalInd) stock is trading below this level. This means that stock is falling with high volumes. 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.