(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 2023-01-30 View latest technical analysis
10 day averaged volume of Mafatlal Ind is 9094
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Jan 2023 | 57.60 | 56.20 | 60.00 | 56.20 | 2.487 times |
| 27 Fri Jan 2023 | 57.10 | 57.60 | 59.75 | 55.30 | 0.916 times |
| 25 Wed Jan 2023 | 58.15 | 60.00 | 60.00 | 57.55 | 1.25 times |
| 24 Tue Jan 2023 | 59.35 | 60.60 | 61.85 | 59.05 | 1.969 times |
| 23 Mon Jan 2023 | 61.30 | 61.80 | 63.00 | 60.35 | 0.773 times |
| 20 Fri Jan 2023 | 61.95 | 63.75 | 63.75 | 61.55 | 0.735 times |
| 19 Thu Jan 2023 | 62.55 | 62.95 | 63.90 | 61.20 | 1.165 times |
| 18 Wed Jan 2023 | 62.85 | 61.50 | 65.70 | 61.20 | 1.672 times |
| 17 Tue Jan 2023 | 61.65 | 63.50 | 63.50 | 61.50 | 0.331 times |
| 16 Mon Jan 2023 | 62.15 | 61.00 | 62.90 | 60.00 | 0.604 times |
Stock of Mafatlal Ind (MafatlalInd) has showed a significant upmove. This could be a good time to enter in 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 57.1, for a target of 59.6 or 61.6
Share price targets for Mafatlal Ind (MafatlalInd)
| Target Type | Value |
| Downside Target | 53.90 |
| Upside Target | 60.00 |
| Upside Target | 63.00 |
| Upside Target | 65.70 |
| 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 | 55.87 |
| Downside Intraday Target | 54.13 |
| Upside Intraday Target | 59.67 |
| Upside Intraday Target | 61.73 |
| Upside Intraday Target | 57.93 |
Weekly technical analysis of Mafatlal Ind (MafatlalInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Jan 2023 | 57.60 | 56.20 | 60.00 | 56.20 | 0.507 times |
| 27 Fri Jan 2023 | 57.10 | 61.80 | 63.00 | 55.30 | 1.089 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 |
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 |
| 30 Mon Jan 2023 | 57.60 | 63.60 | 66.45 | 54.00 | 0.022 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 | 10, 33, 52 | Sell |
| MACD | -30, -34 | Buy |
| Stochastics | 16 | Sell |
| CCI | -104 | Buy |
| RSI | 50 | Buy |
| OBV | -110090 | Sell |
| VWAP | 60 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Mafatlal Ind ( (MafatlalInd) ) based on a short 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 short 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mafatlal Ind in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 59.98 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.
Click here for Mafatlal Ind charts
Click here for further forecast and predictions for tomorrow