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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 2024-07-05 View latest technical analysis

10 day averaged volume of Mm Forgings is 117328

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	1271.00	1290.40	1294.95	1267.50	0.398 times
04 Thu Jul 2024	1292.35	1317.00	1330.00	1285.95	0.473 times
03 Wed Jul 2024	1307.70	1294.05	1352.00	1290.05	2.936 times
02 Tue Jul 2024	1293.90	1299.00	1319.80	1264.05	0.899 times
01 Mon Jul 2024	1287.60	1245.90	1299.00	1234.15	2.029 times
28 Fri Jun 2024	1237.75	1209.20	1250.00	1199.60	1.414 times
27 Thu Jun 2024	1197.25	1208.95	1231.85	1182.25	0.799 times
26 Wed Jun 2024	1198.70	1206.00	1211.00	1187.25	0.291 times
25 Tue Jun 2024	1208.70	1215.00	1237.75	1205.00	0.255 times
24 Mon Jun 2024	1215.05	1208.00	1225.00	1199.15	0.413 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1268.1, but if it comes below 1268.1, then a intra day sell could be more profitable.
If you take a sell trade below 1268.1, then use 1268.1 as stoploss and 1231.52 as target. However if you take a buy trade in stock , then use 1268.1 as stoploss and 1312 as target.

Share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Target	842.55
Downside Target	957.45
Downside Target	995.00
Downside Target	1090.10
Downside Target	1182.25
Downside Target	1234.15
Downside Target	1250.00
Downside Target	1265.00
Upside Target	1280.00
Upside Target	1300.00
Upside Target	1352.00

Intraday share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Intraday Target	1219.43
Downside Intraday Target	1167.87
Upside Intraday Target	1337.28
Upside Intraday Target	1403.57
Upside Intraday Target	1285.72

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	1271.00	1245.90	1352.00	1234.15	2.123 times
28 Fri Jun 2024	1237.75	1208.00	1250.00	1182.25	1.194 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mm Forgings (MMFL)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	1271.00	1245.90	1352.00	1234.15	0.508 times
28 Fri Jun 2024	1237.75	1280.00	1280.00	995.00	0.519 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

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 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 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 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 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 losing momentum.

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

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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mm Forgings in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mm Forgings is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1271.62 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.