Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MBECL) Mcnally Bharat complete technical analysis [charts+indicators] | Buy/Sell Mcnally Bharat | (MBECL) share price targets

Complete technical analysis of Mcnally Bharat (MBECL) by charts plus indicators, forecast predictions and share price targets for Mcnally Bharat (MBECL)

Mcnally Bharat trades in NSE in Construction & Engineering sector.

Showing technical analysis as on 2024-05-02 View latest technical analysis

10 day averaged volume of Mcnally Bharat is 304216

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	3.85	4.15	4.15	3.85	1.757 times
30 Tue Apr 2024	4.05	4.45	4.45	4.05	1.476 times
29 Mon Apr 2024	4.25	3.95	4.25	3.95	1.213 times
26 Fri Apr 2024	4.05	4.05	4.30	4.05	3.661 times
25 Thu Apr 2024	4.25	4.25	4.25	4.25	0.728 times
24 Wed Apr 2024	4.45	4.75	4.80	4.45	0.746 times
23 Tue Apr 2024	4.65	4.60	4.65	4.60	1.535 times
22 Mon Apr 2024	4.45	4.15	4.45	4.15	0.585 times
19 Fri Oct 2018	16.25	16.50	16.50	16.25	0.009 times
08 Fri Jun 2018	42.95	42.00	44.90	42.00	0.034 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.4, but if it comes above 7.4, then a intra day buy could be more profitable.
If you take a sell trade below 7.4, then use 7.4 as stoploss and -16.3 as target. However if you take a buy trade in stock , then use 7.4 as stoploss and 27.21 as target.

Share price targets for Mcnally Bharat (MBECL)

Target Type	Value
Downside Target	3.85
Upside Target	3.95
Upside Target	4.05
Upside Target	4.15
Upside Target	4.45
Upside Target	4.80
Upside Target	16.25
Upside Target	41.10
Upside Target	41.50
Upside Target	43.20
Upside Target	45.50
Upside Target	46.90
Upside Target	48.95
Upside Target	59.80

Intraday share price targets for Mcnally Bharat (MBECL)

Target Type	Value
Downside Intraday Target	3.65
Downside Intraday Target	3.45
Upside Intraday Target	4.25
Upside Intraday Target	4.65
Upside Intraday Target	4.05

Weekly technical analysis of Mcnally Bharat (MBECL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	3.85	3.95	4.45	3.85	0.613 times
26 Fri Apr 2024	4.05	4.15	4.80	4.05	823.121 times
19 Fri Oct 2018	16.25	16.50	16.50	16.25	0.081 times
08 Fri Jun 2018	42.95	45.50	45.50	41.50	0.489 times
01 Fri Jun 2018	45.90	43.20	48.95	43.20	1.513 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 Mcnally Bharat (MBECL)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu May 2024	3.85	4.15	4.15	3.85	0.177 times
30 Tue Apr 2024	4.05	4.15	4.80	3.95	1128.226 times
19 Fri Oct 2018	16.25	16.50	16.50	16.25	0.067 times
08 Fri Jun 2018	42.95	46.05	46.90	41.50	0.087 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 Mcnally Bharat (MBECL)

Price action analysis of Mcnally Bharat ( (MBECL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mcnally Bharat ( (MBECL) ) 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 Mcnally Bharat ( (MBECL) ) 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 Mcnally Bharat ( (MBECL) ) 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 Mcnally Bharat stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mcnally Bharat in short term and the sell signal is strong.

Mcnally Bharat 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 coming down

CCI has generated a SELL signal for Mcnally Bharat in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 Mcnally Bharat is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.3 and Mcnally Bharat (MBECL) 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 Mcnally Bharat (MBECL) stock. Volume based technical analysis of Mcnally Bharat (MBECL) stock is negative.

Mcnally Bharat 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.