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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 2024-06-21 View latest technical analysis

10 day averaged volume of Mm Forgings is 67932

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	1205.55	1233.65	1233.65	1197.40	0.849 times
20 Thu Jun 2024	1220.00	1236.85	1239.05	1216.05	0.55 times
19 Wed Jun 2024	1236.30	1211.45	1265.00	1183.05	2.401 times
18 Tue Jun 2024	1198.10	1215.00	1217.90	1194.00	0.789 times
14 Fri Jun 2024	1205.80	1209.90	1227.70	1191.40	1.296 times
13 Thu Jun 2024	1209.90	1220.00	1226.00	1201.00	0.652 times
12 Wed Jun 2024	1221.85	1225.00	1237.05	1211.05	0.665 times
11 Tue Jun 2024	1217.05	1229.00	1230.30	1207.65	0.744 times
10 Mon Jun 2024	1219.65	1194.00	1242.20	1192.15	0.883 times
07 Fri Jun 2024	1186.10	1175.00	1197.25	1160.00	0.744 times

My analysis of stock is bullish for shortterm, and stock might move up till 1248.7 or till 1310. Use a stoploss of 1197.66 and if this stock hits its stoploss, then it can fall down till 1146.62

Share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Target	842.55
Downside Target	957.45
Downside Target	995.00
Downside Target	1019.00
Downside Target	1090.10
Downside Target	1175.00
Downside Target	1196.00
Upside Target	1242.20
Upside Target	1265.00
Upside Target	1280.00
Upside Target	1300.00

Intraday share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Intraday Target	1170.73
Downside Intraday Target	1135.92
Upside Intraday Target	1252.68
Upside Intraday Target	1299.82
Upside Intraday Target	1217.87

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	1205.55	1215.00	1265.00	1183.05	1.082 times
14 Fri Jun 2024	1205.80	1194.00	1242.20	1191.40	0.494 times
07 Fri Jun 2024	1186.10	1280.00	1280.00	995.00	0.312 times
31 Fri May 2024	1206.25	1222.00	1300.00	1175.00	10.756 times
24 Fri May 2024	1127.35	1119.00	1179.95	1111.05	0.871 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 Mm Forgings (MMFL)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	1205.55	1280.00	1280.00	995.00	0.395 times
31 Fri May 2024	1206.25	1155.00	1300.00	1090.10	1.048 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

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 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 Mm Forgings ( (MMFL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 Weak and stock is losing momentum.

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

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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Mm Forgings in short term and SELL 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

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 1215.62 and Mm Forgings (MMFL) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.