(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 2023-01-24 View latest technical analysis
10 day averaged volume of Mafatlal Ind is 8305
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 59.35 | 60.60 | 61.85 | 59.05 | 2.156 times |
| 23 Mon Jan 2023 | 61.30 | 61.80 | 63.00 | 60.35 | 0.847 times |
| 20 Fri Jan 2023 | 61.95 | 63.75 | 63.75 | 61.55 | 0.805 times |
| 19 Thu Jan 2023 | 62.55 | 62.95 | 63.90 | 61.20 | 1.275 times |
| 18 Wed Jan 2023 | 62.85 | 61.50 | 65.70 | 61.20 | 1.831 times |
| 17 Tue Jan 2023 | 61.65 | 63.50 | 63.50 | 61.50 | 0.363 times |
| 16 Mon Jan 2023 | 62.15 | 61.00 | 62.90 | 60.00 | 0.661 times |
| 13 Fri Jan 2023 | 61.60 | 61.25 | 61.70 | 61.00 | 0.641 times |
| 12 Thu Jan 2023 | 62.10 | 61.95 | 62.65 | 60.50 | 0.291 times |
| 11 Wed Jan 2023 | 61.30 | 60.45 | 63.00 | 60.45 | 0.538 times |
Stock of Mafatlal Ind (MafatlalInd) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 59.4, for a target of 61.2 or 62.65
Share price targets for Mafatlal Ind (MafatlalInd)
| Target Type | Value |
| Downside Target | 53.90 |
| Downside Target | 59.05 |
| Upside Target | 63.00 |
| 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 | 57.93 |
| Downside Intraday Target | 56.52 |
| Upside Intraday Target | 61.88 |
| Upside Intraday Target | 64.42 |
| Upside Intraday Target | 60.47 |
Weekly technical analysis of Mafatlal Ind (MafatlalInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 59.35 | 61.80 | 63.00 | 59.05 | 0.608 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 |
| 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 |
Price has moved down 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 |
| 24 Tue Jan 2023 | 59.35 | 63.60 | 66.45 | 54.00 | 0.018 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, 33, 43 | Sell |
| MACD | -33, -39 | Buy |
| Stochastics | 32 | None |
| CCI | -195 | Sell |
| RSI | 49 | Sell |
| OBV | -31696 | Sell |
| VWAP | 62 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 and SELL 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 61.5 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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