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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 2024-08-28 View latest technical analysis

10 day averaged volume of Mro Tek is 376715

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	112.80	115.23	115.23	109.48	0.39 times
27 Tue Aug 2024	115.25	110.99	119.46	108.91	1.498 times
26 Mon Aug 2024	108.60	100.00	108.60	99.00	0.396 times
23 Fri Aug 2024	98.73	88.23	98.86	88.21	0.926 times
22 Thu Aug 2024	89.88	90.65	94.44	89.00	0.181 times
21 Wed Aug 2024	91.99	91.50	93.44	91.03	0.095 times
20 Tue Aug 2024	91.01	94.40	94.40	88.00	0.191 times
19 Mon Aug 2024	93.23	90.10	94.80	88.30	0.179 times
17 Fri May 2024	101.40	101.35	103.35	101.35	0.743 times
16 Thu May 2024	112.60	111.90	116.20	110.25	2.048 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 106.4, but if it comes below 106.4, then a intra day sell could be more profitable.
If you take a sell trade below 106.4, then use 106.4 as stoploss and 93.45 as target. However if you take a buy trade in stock , then use 106.4 as stoploss and 121.9 as target.

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	57.65
Downside Target	62.00
Downside Target	71.10
Downside Target	74.00
Downside Target	80.95
Downside Target	82.95
Downside Target	88.00
Downside Target	94.70
Downside Target	98.86
Downside Target	99.00
Upside Target	116.20
Upside Target	119.46

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

Target Type	Value
Downside Intraday Target	101.38
Downside Intraday Target	89.96
Upside Intraday Target	121.84
Upside Intraday Target	130.88
Downside Intraday Target	110.42

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	112.80	100.00	119.46	99.00	1.454 times
23 Fri Aug 2024	98.73	90.10	98.86	88.00	0.093 times
17 Fri May 2024	101.40	77.50	116.20	75.00	70.705 times
10 Fri May 2024	75.60	82.95	82.95	74.00	0.492 times
03 Fri May 2024	81.85	84.00	85.80	80.95	0.536 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 Mro Tek (MRO-TEK)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	112.80	90.10	119.46	88.00	0.22 times
17 Fri May 2024	101.40	83.00	116.20	74.00	2.066 times
30 Tue Apr 2024	82.00	71.10	95.80	71.10	1.718 times
28 Thu Mar 2024	71.00	79.80	84.50	57.65	0.331 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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Mro Tek in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 107.73 and Mro Tek (MRO-TEK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.