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(MRO-TEK) Mro Tek complete technical analysis [charts+indicators] | Buy/Sell Mro Tek | (MRO-TEK) share price targets

Complete technical analysis of Mro Tek (MRO-TEK) by charts plus indicators, forecast predictions and share price targets for Mro Tek (MRO-TEK)

Mro Tek trades in NSE in Telecom Equipment sector.

Showing technical analysis as on 2024-04-10 View latest technical analysis

10 day averaged volume of Mro Tek is 173938

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	84.60	92.00	95.80	83.50	3.684 times
09 Tue Apr 2024	91.55	76.00	91.55	75.70	7.969 times
08 Mon Apr 2024	76.30	76.50	78.00	75.30	0.08 times
05 Fri Apr 2024	76.50	76.65	78.00	75.85	0.102 times
04 Thu Apr 2024	76.65	77.70	78.50	76.05	0.067 times
03 Wed Apr 2024	77.60	77.60	78.95	76.45	0.128 times
02 Tue Apr 2024	77.60	78.00	81.90	76.80	0.257 times
01 Mon Apr 2024	78.05	71.10	81.95	71.10	0.579 times
28 Thu Mar 2024	71.00	71.35	73.45	70.50	0.153 times
27 Wed Mar 2024	71.25	72.50	74.35	70.40	0.272 times

Stock of Mro Tek (MRO-TEK) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 80.4, but if it comes below 80.4, then a intra day sell could be more profitable.
If you take a sell trade below 80.4, then use 80.4 as stoploss and 71.64 as target. However if you take a buy trade in stock , then use 80.4 as stoploss and 91 as target.

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	55.55
Downside Target	57.15
Downside Target	58.90
Downside Target	62.00
Downside Target	70.40
Downside Target	75.30
Downside Target	76.85
Downside Target	81.95
Downside Target	84.50
Upside Target	94.70
Upside Target	95.80

Intraday share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Intraday Target	74.67
Downside Intraday Target	64.73
Upside Intraday Target	95.17
Upside Intraday Target	105.73
Upside Intraday Target	85.23

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	84.60	76.50	95.80	75.30	10.349 times
05 Fri Apr 2024	76.50	71.10	81.95	71.10	1.387 times
28 Thu Mar 2024	71.00	75.95	76.90	70.40	0.108 times
22 Fri Mar 2024	77.95	62.75	84.50	58.90	5.464 times
15 Fri Mar 2024	62.35	75.05	76.85	57.65	1.763 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 Mro Tek (MRO-TEK)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	84.60	71.10	95.80	71.10	1.204 times
28 Thu Mar 2024	71.00	79.80	84.50	57.65	0.331 times
29 Thu Feb 2024	79.15	63.35	94.70	62.00	3.223 times
31 Wed Jan 2024	62.75	58.60	70.90	57.15	3.655 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 Mro Tek (MRO-TEK)

Price action analysis of Mro Tek ( (MRO-TEK) ) 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 Mro Tek ( (MRO-TEK) ) 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 Mro Tek ( (MRO-TEK) ) 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 Mro Tek ( (MRO-TEK) ) 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 Mro Tek stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mro Tek in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mro Tek 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 buy signal for Mro Tek in short term and BUY 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 Mro Tek is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 87.7 and Mro Tek (MRO-TEK) 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 Mro Tek (MRO-TEK) stock. Volume based technical analysis of Mro Tek (MRO-TEK) stock is negative.

Mro Tek 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.