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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 2024-05-22 View latest technical analysis

10 day averaged volume of Mm Forgings is 42379

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	1137.30	1135.80	1179.95	1131.50	2.019 times
21 Tue May 2024	1129.90	1119.00	1138.00	1111.05	0.659 times
18 Sat May 2024	1121.55	1130.00	1142.95	1106.10	0.221 times
17 Fri May 2024	1127.25	1134.00	1144.00	1119.95	1.008 times
16 Thu May 2024	1126.90	1135.65	1163.95	1120.45	0.836 times
15 Wed May 2024	1139.00	1146.80	1150.60	1133.30	0.925 times
14 Tue May 2024	1143.65	1148.60	1161.60	1136.00	0.828 times
13 Mon May 2024	1142.60	1142.40	1153.35	1105.65	0.885 times
10 Fri May 2024	1142.40	1127.35	1149.95	1117.25	0.81 times
09 Thu May 2024	1120.10	1176.35	1186.90	1112.40	1.657 times

Stock of Mm Forgings (MMFL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 1157.7 or till 1190.6. Use a stoploss of 1130.29 and if this stock hits its stoploss, then it can fall down till 1102.9

Share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Target	842.55
Downside Target	911.95
Downside Target	957.45
Downside Target	1014.60
Downside Target	1090.10
Upside Target	1163.95
Upside Target	1165.00
Upside Target	1179.95
Upside Target	1196.00
Upside Target	1205.00

Intraday share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Intraday Target	1105.58
Downside Intraday Target	1073.87
Upside Intraday Target	1174.48
Upside Intraday Target	1211.67
Upside Intraday Target	1142.77

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	1137.30	1119.00	1179.95	1111.05	0.569 times
18 Sat May 2024	1121.55	1142.40	1163.95	1105.65	0.411 times
10 Fri May 2024	1142.40	1130.40	1205.00	1090.10	1.009 times
03 Fri May 2024	1124.80	1160.05	1196.00	1098.05	0.569 times
26 Fri Apr 2024	1142.60	1080.00	1165.00	1030.50	0.604 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
22 Wed May 2024	1137.30	1155.00	1205.00	1090.10	0.374 times
30 Tue Apr 2024	1151.25	876.00	1196.00	842.55	3.581 times
28 Thu Mar 2024	874.60	952.25	957.45	854.50	0.437 times
29 Thu Feb 2024	950.20	922.40	1019.00	848.00	2.334 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 Mm Forgings (MMFL)

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 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.

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

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

Mm Forgings 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mm Forgings 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1133.24 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 falling down

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 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.