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(MahanInd) Mahan Ind complete technical analysis [charts+indicators] | Buy/Sell Mahan Ind | (MahanInd) share price targets

Complete technical analysis of Mahan Ind (MahanInd) by charts plus indicators, forecast predictions and share price targets for Mahan Ind (MahanInd)

10 day averaged volume of Mahan Ind is 49155

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 2.29 2.29 2.29 2.29 0.307 times
26 Tue Mar 2024 2.33 2.33 2.33 2.33 0.11 times
22 Fri Mar 2024 2.37 2.37 2.37 2.37 0.061 times
21 Thu Mar 2024 2.41 2.41 2.41 2.41 0.733 times
20 Wed Mar 2024 2.45 2.45 2.45 2.45 0.084 times
19 Tue Mar 2024 2.50 2.50 2.50 2.50 0.094 times
18 Mon Mar 2024 2.55 2.55 2.55 2.55 0.189 times
15 Fri Mar 2024 2.60 2.60 2.60 2.60 0.241 times
14 Thu Mar 2024 2.65 2.65 2.65 2.65 0.951 times
13 Wed Mar 2024 2.70 2.80 2.80 2.70 5.841 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 2.2 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 2.51 as target.

Share price targets for Mahan Ind (MahanInd)

Target Type Value
Downside Target 0.56
Downside Target 0.58
Downside Target 1.01
Downside Target 1.06
Downside Target 1.72
Downside Target 2.29
Upside Target 2.42
Upside Target 2.50
Upside Target 2.55
Upside Target 2.60
Upside Target 2.65
Upside Target 2.80

Intraday share price targets for Mahan Ind (MahanInd)

Target Type Value
Downside Intraday Target 2.28
Downside Intraday Target 2.26
Upside Intraday Target 2.32
Upside Intraday Target 2.34
Upside Intraday Target 2.3

Weekly technical analysis of Mahan Ind (MahanInd)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 2.29 2.33 2.33 2.29 0.359 times
22 Fri Mar 2024 2.37 2.55 2.55 2.37 0.13 times
15 Fri Mar 2024 2.60 2.70 2.80 2.60 9.551 times
07 Thu Mar 2024 2.65 2.50 2.65 2.50 0.675 times
01 Fri Mar 2024 2.46 2.30 2.46 2.30 8.94 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 Mahan Ind (MahanInd)

Date Monthly Closing Price Open High Low Volume
27 Wed Mar 2024 2.29 2.46 2.80 2.29 2.951 times
29 Thu Feb 2024 2.42 1.75 2.42 1.75 0.442 times
31 Wed Jan 2024 1.72 1.06 1.72 1.06 4.032 times
29 Fri Dec 2023 1.01 0.58 1.01 0.58 19.019 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mahan Ind (MahanInd)

Price action analysis of Mahan Ind ( (MahanInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mahan Ind ( (MahanInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mahan Ind ( (MahanInd) ) 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 Mahan Ind ( (MahanInd) ) 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 Mahan Ind stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mahan Ind in short term but the sell signal is initial and weak.

Mahan 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mahan Ind 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

Stock of Mahan 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 2.64 and Mahan Ind (MahanInd) 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 Mahan Ind (MahanInd) stock. Volume based technical analysis of Mahan Ind (MahanInd) stock is negative.

Mahan 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.

Price action analysis of Mahan Ind ( (MahanInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mahan Ind ( (MahanInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mahan Ind ( (MahanInd) ) 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 Mahan Ind ( (MahanInd) ) 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 Mahan Ind stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mahan Ind in short term but the sell signal is initial and weak.

Mahan 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mahan Ind 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

Stock of Mahan 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 2.64 and Mahan Ind (MahanInd) 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 Mahan Ind (MahanInd) stock. Volume based technical analysis of Mahan Ind (MahanInd) stock is negative.

Mahan 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.

Click here for Mahan Ind charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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