(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 2023-01-19 View latest technical analysis
10 day averaged volume of Mafatlal Ind is 15527
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 62.55 | 62.95 | 63.90 | 61.20 | 0.682 times |
| 18 Wed Jan 2023 | 62.85 | 61.50 | 65.70 | 61.20 | 0.979 times |
| 17 Tue Jan 2023 | 61.65 | 63.50 | 63.50 | 61.50 | 0.194 times |
| 16 Mon Jan 2023 | 62.15 | 61.00 | 62.90 | 60.00 | 0.354 times |
| 13 Fri Jan 2023 | 61.60 | 61.25 | 61.70 | 61.00 | 0.343 times |
| 12 Thu Jan 2023 | 62.10 | 61.95 | 62.65 | 60.50 | 0.156 times |
| 11 Wed Jan 2023 | 61.30 | 60.45 | 63.00 | 60.45 | 0.288 times |
| 10 Tue Jan 2023 | 61.95 | 63.00 | 63.50 | 60.00 | 1.47 times |
| 09 Mon Jan 2023 | 61.90 | 61.80 | 64.00 | 54.00 | 2.41 times |
| 06 Fri Jan 2023 | 62.55 | 64.00 | 66.45 | 62.10 | 1.008 times |
My analysis of stock is bearish for shortterm, and stock might move down till 60.4 or till 57.4. Use a stoploss of 62.9 and if the stock hits stoploss, then it can shoot up till 65.38
Share price targets for Mafatlal Ind (MafatlalInd)
| Target Type | Value |
| Downside Target | 53.90 |
| Downside Target | 60.00 |
| Upside Target | 64.00 |
| Upside Target | 65.70 |
| 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 | 59.8 |
| Downside Intraday Target | 57.05 |
| Upside Intraday Target | 65.5 |
| Upside Intraday Target | 68.45 |
| Upside Intraday Target | 62.75 |
Weekly technical analysis of Mafatlal Ind (MafatlalInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 62.55 | 61.00 | 65.70 | 60.00 | 0.473 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 |
| 19 Thu Jan 2023 | 62.55 | 63.60 | 66.45 | 54.00 | 0.016 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 | 15, 32, 35 | Sell |
| MACD | -38, -45 | Buy |
| Stochastics | 67 | None |
| CCI | 50 | Sell |
| RSI | 43 | Sell |
| OBV | 11540642 | Sell |
| VWAP | 62 | Buy |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Mafatlal Ind ( (MafatlalInd) ) based on a short 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.
Price action analysis of Mafatlal Ind ( (MafatlalInd) ) based on a short 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.
Price action analysis of Mafatlal Ind ( (MafatlalInd) ) based on a short to mid 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 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 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 stronger in this stock.
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 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
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 62.14 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 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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