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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 2024-07-12 View latest technical analysis

10 day averaged volume of Mm Forgings is 134235

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	1313.75	1349.95	1365.00	1296.00	0.805 times
11 Thu Jul 2024	1337.35	1320.00	1347.25	1300.00	0.977 times
10 Wed Jul 2024	1296.50	1326.20	1328.00	1260.00	0.556 times
09 Tue Jul 2024	1314.90	1326.00	1328.90	1288.85	0.585 times
08 Mon Jul 2024	1297.05	1280.00	1317.00	1265.15	0.76 times
05 Fri Jul 2024	1271.00	1290.40	1294.95	1267.50	0.348 times
04 Thu Jul 2024	1292.35	1317.00	1330.00	1285.95	0.413 times
03 Wed Jul 2024	1307.70	1294.05	1352.00	1290.05	2.566 times
02 Tue Jul 2024	1293.90	1299.00	1319.80	1264.05	0.785 times
01 Mon Jul 2024	1287.60	1245.90	1299.00	1234.15	1.774 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1303.9, but if it comes below 1303.9, then a intra day sell could be more profitable.
If you take a sell trade below 1303.9, then use 1303.9 as stoploss and 1256.77 as target. However if you take a buy trade in stock , then use 1303.9 as stoploss and 1360.5 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	1260.00
Downside Target	1265.00
Downside Target	1280.00
Downside Target	1300.00
Upside Target	1352.00
Upside Target	1365.00

Intraday share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Intraday Target	1260.83
Downside Intraday Target	1207.92
Upside Intraday Target	1365.83
Upside Intraday Target	1417.92
Downside Intraday Target	1312.92

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	1313.75	1280.00	1365.00	1260.00	0.626 times
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

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
12 Fri Jul 2024	1313.75	1245.90	1365.00	1234.15	0.826 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 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 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 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 gaining momentum.

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

Mm Forgings Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but SELL signal is weak.

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 1303.32 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 positive

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