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(MAITHANALL) Maithan Alloys complete technical analysis [charts+indicators] | Buy/Sell Maithan Alloys | (MAITHANALL) share price targets

Complete technical analysis of Maithan Alloys (MAITHANALL) by charts plus indicators, forecast predictions and share price targets for Maithan Alloys (MAITHANALL)

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Maithan Alloys is 74284

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	1099.65	1097.75	1115.95	1095.00	0.542 times
05 Fri Apr 2024	1095.55	1092.85	1120.80	1078.05	0.956 times
04 Thu Apr 2024	1092.80	1095.00	1121.35	1079.00	1.407 times
03 Wed Apr 2024	1074.45	1053.00	1099.00	1041.00	1.677 times
02 Tue Apr 2024	1050.35	1025.00	1060.00	1023.00	1.047 times
01 Mon Apr 2024	1021.30	994.95	1026.45	990.15	0.953 times
28 Thu Mar 2024	980.40	968.00	987.90	968.00	0.786 times
27 Wed Mar 2024	965.05	980.00	987.25	958.00	0.858 times
26 Tue Mar 2024	978.00	1000.00	1020.40	969.90	1.081 times
22 Fri Mar 2024	1002.60	972.00	1014.00	969.00	0.72 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1065.2, but if it comes below 1065.2, then a intra day sell could be more profitable.
If you take a sell trade below 1065.2, then use 1065.2 as stoploss and 1014.49 as target. However if you take a buy trade in stock , then use 1065.2 as stoploss and 1126.1 as target.

Share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Target	955.00
Downside Target	990.15
Downside Target	1056.85
Downside Target	1090.90
Downside Target	1095.00
Upside Target	1115.95
Upside Target	1121.35
Upside Target	1130.00
Upside Target	1140.00
Upside Target	1240.00
Upside Target	1335.50

Intraday share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Intraday Target	1091.12
Downside Intraday Target	1082.58
Upside Intraday Target	1112.07
Upside Intraday Target	1124.48
Upside Intraday Target	1103.53

Weekly technical analysis of Maithan Alloys (MAITHANALL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	1099.65	1097.75	1115.95	1095.00	0.09 times
05 Fri Apr 2024	1095.55	994.95	1121.35	990.15	2.217 times
28 Thu Mar 2024	980.40	1000.00	1020.40	958.00	1.104 times
22 Fri Mar 2024	1002.60	979.45	1014.00	955.00	0.511 times
15 Fri Mar 2024	975.55	1080.00	1090.90	959.00	1.829 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 Maithan Alloys (MAITHANALL)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	1099.65	994.95	1121.35	990.15	0.483 times
28 Thu Mar 2024	980.40	1073.00	1130.00	955.00	0.568 times
29 Thu Feb 2024	1063.95	1097.00	1140.00	1001.10	0.801 times
31 Wed Jan 2024	1094.80	1209.00	1240.00	1056.85	0.648 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 Maithan Alloys (MAITHANALL)

Price action analysis of Maithan Alloys ( (MAITHANALL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Maithan Alloys ( (MAITHANALL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Maithan Alloys ( (MAITHANALL) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Maithan Alloys stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Maithan Alloys 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.

Maithan Alloys Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Maithan Alloys in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 Maithan Alloys is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1040.54 and Maithan Alloys (MAITHANALL) 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 Maithan Alloys (MAITHANALL) stock. Volume based technical analysis of Maithan Alloys (MAITHANALL) stock is negative.

Maithan Alloys Stock is giving positive 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.