(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 2023-01-17 View latest technical analysis
10 day averaged volume of Mafatlal Ind is 15060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Jan 2023 | 61.65 | 63.50 | 63.50 | 61.50 | 0.2 times |
| 16 Mon Jan 2023 | 62.15 | 61.00 | 62.90 | 60.00 | 0.365 times |
| 13 Fri Jan 2023 | 61.60 | 61.25 | 61.70 | 61.00 | 0.353 times |
| 12 Thu Jan 2023 | 62.10 | 61.95 | 62.65 | 60.50 | 0.161 times |
| 11 Wed Jan 2023 | 61.30 | 60.45 | 63.00 | 60.45 | 0.297 times |
| 10 Tue Jan 2023 | 61.95 | 63.00 | 63.50 | 60.00 | 1.515 times |
| 09 Mon Jan 2023 | 61.90 | 61.80 | 64.00 | 54.00 | 2.485 times |
| 06 Fri Jan 2023 | 62.55 | 64.00 | 66.45 | 62.10 | 1.039 times |
| 05 Thu Jan 2023 | 62.60 | 65.40 | 65.40 | 54.55 | 2.885 times |
| 04 Wed Jan 2023 | 64.55 | 64.70 | 65.50 | 62.60 | 0.527 times |
My analysis of stock is bearish for shortterm, and stock might move down till 60 or till 56.8. Use a stoploss of 62.63 and if the stock hits stoploss, then it can shoot up till 65.29
Share price targets for Mafatlal Ind (MafatlalInd)
| Target Type | Value |
| Downside Target | 53.90 |
| Downside Target | 60.00 |
| Upside Target | 63.50 |
| Upside Target | 66.45 |
| 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 | 59.93 |
| Downside Intraday Target | 58.22 |
| Upside Intraday Target | 63.43 |
| Upside Intraday Target | 65.22 |
| Upside Intraday Target | 61.72 |
Weekly technical analysis of Mafatlal Ind (MafatlalInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Jan 2023 | 61.65 | 61.00 | 63.50 | 60.00 | 0.117 times |
| 13 Fri Jan 2023 | 61.60 | 61.80 | 64.00 | 54.00 | 0.83 times |
| 06 Fri Jan 2023 | 62.55 | 63.60 | 66.45 | 54.55 | 0.007 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 |
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 |
| 17 Tue Jan 2023 | 61.65 | 63.60 | 66.45 | 54.00 | 0.014 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 |
| 31 Mon Oct 2022 | 311.80 | 351.00 | 399.70 | 300.00 | 0.3 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 | 13, 38, 49 | Sell |
| MACD | -42, -49 | Buy |
| Stochastics | 63 | None |
| CCI | 23 | Buy |
| RSI | 43 | Sell |
| OBV | 11525721 | Sell |
| VWAP | 62 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 tired and bears 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 buy signal for Mafatlal Ind in short term and BUY signal is strong.
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 62.3 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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