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(MMFL) Mm Forgings complete technical analysis [charts+indicators] | Buy/Sell Mm Forgings | (MMFL) share price targets

Complete technical analysis of Mm Forgings (MMFL) by charts plus indicators, forecast predictions and share price targets for Mm Forgings (MMFL)

Mm Forgings trades in NSE in Other Industrial Products sector.

Showing technical analysis as on 2024-02-15 View latest technical analysis

10 day averaged volume of Mm Forgings is 64476

Date	Daily Closing Price	Open	High	Low	Volume
15 Thu Feb 2024	932.35	968.00	968.00	925.20	0.519 times
14 Wed Feb 2024	957.60	848.00	976.60	848.00	1.95 times
13 Tue Feb 2024	857.90	871.25	880.60	851.00	0.56 times
12 Mon Feb 2024	866.90	900.75	914.95	860.10	0.691 times
09 Fri Feb 2024	896.25	916.75	920.35	886.00	0.523 times
08 Thu Feb 2024	916.75	920.10	944.00	910.00	1.031 times
07 Wed Feb 2024	920.15	915.55	925.00	912.55	0.832 times
06 Tue Feb 2024	913.70	920.00	923.00	909.00	0.591 times
05 Mon Feb 2024	919.00	933.50	940.00	915.00	0.749 times
02 Fri Feb 2024	929.60	924.40	934.80	920.20	2.771 times

My analysis of stock is bullish for shortterm, and stock might move up till 949.2 or till 981.5. Use a stoploss of 922.23 and if this stock hits its stoploss, then it can fall down till 895.3

Share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Target	825.00
Downside Target	848.00
Downside Target	886.00
Downside Target	910.05
Upside Target	944.00
Upside Target	957.30
Upside Target	976.60
Upside Target	985.00
Upside Target	999.85
Upside Target	1014.60
Upside Target	1050.10

Intraday share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Intraday Target	861.37
Downside Intraday Target	790.38
Upside Intraday Target	989.97
Upside Intraday Target	1047.58
Downside Intraday Target	918.98

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Thu Feb 2024	932.35	900.75	976.60	848.00	0.998 times
09 Fri Feb 2024	896.25	933.50	944.00	886.00	0.833 times
02 Fri Feb 2024	929.60	920.95	934.80	910.05	2.31 times
25 Thu Jan 2024	920.45	959.00	985.00	912.55	0.792 times
19 Fri Jan 2024	957.60	998.00	999.85	932.40	0.721 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 Mm Forgings (MMFL)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Thu Feb 2024	932.35	922.40	976.60	848.00	0.868 times
31 Wed Jan 2024	919.70	974.90	1014.60	911.95	0.337 times
29 Fri Dec 2023	967.65	879.80	1050.10	851.25	4.258 times
30 Thu Nov 2023	877.00	869.05	957.30	855.00	1.299 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 Mm Forgings (MMFL)

Price action analysis of Mm Forgings ( (MMFL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mm Forgings ( (MMFL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

Price action analysis of Mm Forgings ( (MMFL) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

MACD generated a BUY signal for Mm Forgings in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mm Forgings Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mm Forgings in short term and BUY 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 Mm Forgings is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 921.44 and Mm Forgings (MMFL) 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 Mm Forgings (MMFL) stock. Volume based technical analysis of Mm Forgings (MMFL) stock is negative.

Mm Forgings 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.