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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 2024-10-17 View latest technical analysis

10 day averaged volume of Mm Forgings is 44325

Date Daily Closing Price Open High Low Volume
17 Thu Oct 2024 545.10 552.00 558.60 541.55 0.579 times
16 Wed Oct 2024 555.10 566.40 567.90 545.00 1.854 times
15 Tue Oct 2024 565.75 575.40 578.00 561.95 0.573 times
14 Mon Oct 2024 568.75 570.10 576.85 564.00 0.622 times
11 Fri Oct 2024 571.25 573.55 575.15 563.25 0.455 times
10 Thu Oct 2024 572.20 573.25 582.80 570.00 0.491 times
09 Wed Oct 2024 573.25 561.65 578.65 558.00 0.754 times
08 Tue Oct 2024 555.50 559.10 564.75 543.35 2.468 times
07 Mon Oct 2024 558.60 581.60 585.15 552.00 1.156 times
04 Fri Oct 2024 581.60 583.15 597.50 573.50 0.836 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 544.1, for a target of 562.1 or 577.21

Share price targets for Mm Forgings (MMFL)

Target Type Value
Downside Target 522.70
Upside Target 573.50
Upside Target 602.85
Upside Target 604.70
Upside Target 609.00
Upside Target 610.00
Upside Target 618.80
Upside Target 995.00
Upside Target 1280.00
Upside Target 1403.95

Intraday share price targets for Mm Forgings (MMFL)

Target Type Value
Downside Intraday Target 531.77
Downside Intraday Target 518.43
Upside Intraday Target 568.22
Upside Intraday Target 591.33
Upside Intraday Target 554.88

Weekly technical analysis of Mm Forgings (MMFL)

Date Weekly Closing Price Open High Low Volume
17 Thu Oct 2024 545.10 570.10 578.00 541.55 0.681 times
11 Fri Oct 2024 571.25 581.60 585.15 543.35 1.541 times
04 Fri Oct 2024 581.60 583.00 609.00 573.50 0.681 times
27 Fri Sep 2024 583.35 595.00 602.85 579.35 0.713 times
20 Fri Sep 2024 589.85 578.30 610.00 578.00 0.659 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
17 Thu Oct 2024 545.10 603.85 604.70 541.55 0.398 times
30 Mon Sep 2024 599.95 603.00 610.00 522.70 0.641 times
30 Fri Aug 2024 596.55 597.00 618.80 532.00 0.672 times
31 Wed Jul 2024 597.40 1245.90 1403.95 594.20 1.877 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mm Forgings ( (MMFL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mm Forgings ( (MMFL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

Mm Forgings Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 561.78 and Mm Forgings (MMFL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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

Price action analysis of Mm Forgings ( (MMFL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mm Forgings ( (MMFL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mm Forgings ( (MMFL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

Mm Forgings Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 561.78 and Mm Forgings (MMFL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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

Click here for Mm Forgings charts

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Daily charts

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