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(MflIndia) Mfl India complete technical analysis [charts+indicators] | Buy/Sell Mfl India | (MflIndia) share price targets

Complete technical analysis of Mfl India (MflIndia) by charts plus indicators, forecast predictions and share price targets for Mfl India (MflIndia)

Showing technical analysis as on 2024-06-06 View latest technical analysis

10 day averaged volume of Mfl India is 1920863

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	0.68	0.71	0.71	0.68	0.97 times
05 Wed Jun 2024	0.70	0.72	0.72	0.69	0.896 times
04 Tue Jun 2024	0.71	0.74	0.74	0.70	1.366 times
03 Mon Jun 2024	0.73	0.76	0.78	0.72	1.426 times
31 Fri May 2024	0.75	0.72	0.75	0.72	0.948 times
30 Thu May 2024	0.72	0.72	0.74	0.70	0.769 times
29 Wed May 2024	0.71	0.73	0.74	0.71	0.562 times
28 Tue May 2024	0.72	0.69	0.72	0.68	1.287 times
27 Mon May 2024	0.69	0.69	0.70	0.68	1.039 times
24 Fri May 2024	0.68	0.70	0.70	0.68	1.016 times

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 0.7, for a target of 0.7 or 0.71

Share price targets for Mfl India (MflIndia)

Target Type	Value
Downside Target	0.60
Downside Target	0.67
Upside Target	0.72
Upside Target	0.73
Upside Target	0.75
Upside Target	0.78
Upside Target	0.80
Upside Target	0.90
Upside Target	0.97

Intraday share price targets for Mfl India (MflIndia)

Target Type	Value
Downside Intraday Target	0.65
Downside Intraday Target	0.61
Upside Intraday Target	0.75
Upside Intraday Target	0.81
Upside Intraday Target	0.71

Weekly technical analysis of Mfl India (MflIndia)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	0.68	0.76	0.78	0.68	1.012 times
31 Fri May 2024	0.75	0.69	0.75	0.68	1.416 times
24 Fri May 2024	0.68	0.71	0.71	0.68	1.096 times
18 Sat May 2024	0.71	0.70	0.73	0.69	0.971 times
10 Fri May 2024	0.70	0.70	0.72	0.68	0.857 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 Mfl India (MflIndia)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	0.68	0.76	0.78	0.68	0.297 times
31 Fri May 2024	0.75	0.72	0.75	0.68	0.946 times
30 Tue Apr 2024	0.71	0.70	0.80	0.67	0.886 times
28 Thu Mar 2024	0.70	0.74	0.90	0.70	1.024 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 Mfl India (MflIndia)

Price action analysis of Mfl India ( (MflIndia) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mfl India ( (MflIndia) ) 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 Mfl India ( (MflIndia) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mfl India ( (MflIndia) ) 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 Mfl India stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mfl India in short term and the sell signal is strong.

Mfl India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Mfl India in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Mfl India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.71 and Mfl India (MflIndia) 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 Mfl India (MflIndia) stock. Volume based technical analysis of Mfl India (MflIndia) stock is negative.

Mfl India 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.