(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)
Showing technical analysis as on 2024-02-29 View latest technical analysis
10 day averaged volume of Mahan Ind is 3429
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 2.42 | 2.42 | 2.42 | 2.42 | 4.303 times |
| 28 Wed Feb 2024 | 2.38 | 2.38 | 2.38 | 2.38 | 0.201 times |
| 27 Tue Feb 2024 | 2.34 | 2.34 | 2.34 | 2.34 | 2.61 times |
| 26 Mon Feb 2024 | 2.30 | 2.30 | 2.30 | 2.30 | 3.634 times |
| 23 Fri Feb 2024 | 2.26 | 2.26 | 2.26 | 2.26 | 0 times |
| 22 Thu Feb 2024 | 2.22 | 2.22 | 2.22 | 2.22 | 0.175 times |
| 21 Wed Feb 2024 | 2.18 | 2.18 | 2.18 | 2.18 | 0.259 times |
| 20 Tue Feb 2024 | 2.14 | 2.14 | 2.14 | 2.14 | 1.677 times |
| 19 Mon Feb 2024 | 2.10 | 2.10 | 2.10 | 2.10 | 0.107 times |
| 16 Fri Feb 2024 | 2.06 | 2.06 | 2.06 | 2.06 | 0.242 times |
Stock of Mahan Ind (MahanInd) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2.5, for a target of 2.3 or 2.06
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 | 1.66 |
| Downside Target | 1.72 |
| Downside Target | 1.90 |
| Downside Target | 2.06 |
| Downside Target | 2.10 |
| Downside Target | 2.26 |
| Downside Target | 2.30 |
| Downside Target | 2.42 |
Intraday share price targets for Mahan Ind (MahanInd)
| Target Type | Value |
| Downside Intraday Target | 2.34 |
| Downside Intraday Target | 2.26 |
| Upside Intraday Target | 2.46 |
| Upside Intraday Target | 2.5 |
| Downside Intraday Target | 2.38 |
Weekly technical analysis of Mahan Ind (MahanInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 2.42 | 2.30 | 2.42 | 2.30 | 4.845 times |
| 23 Fri Feb 2024 | 2.26 | 2.10 | 2.26 | 2.10 | 0.379 times |
| 16 Fri Feb 2024 | 2.06 | 1.93 | 2.06 | 1.93 | 0.167 times |
| 09 Fri Feb 2024 | 1.90 | 1.81 | 1.90 | 1.81 | 1.408 times |
| 02 Fri Feb 2024 | 1.78 | 1.66 | 1.78 | 1.66 | 3.564 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mahan Ind (MahanInd)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 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 |
| 28 Tue Nov 2023 | 0.58 | 0.56 | 0.58 | 0.56 | 0.77 times |
Scroll below to view daily charts
Price has moved up 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Mahan Ind ( (MahanInd) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal for Mahan Ind in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mahan Ind Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mahan Ind in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mahan 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 2.32 and Mahan Ind (MahanInd) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Mahan Ind ( (MahanInd) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal for Mahan Ind in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mahan Ind Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mahan Ind in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mahan 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 2.32 and Mahan Ind (MahanInd) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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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