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(MTNL) Mahanagar Telephone complete technical analysis [charts+indicators] | Buy/Sell Mahanagar Telephone | (MTNL) share price targets

Complete technical analysis of Mahanagar Telephone (MTNL) by charts plus indicators, forecast predictions and share price targets for Mahanagar Telephone (MTNL)

Mahanagar Telephone trades in NSE in Telecom Services sector.

Showing technical analysis as on 2024-08-01 View latest technical analysis

10 day averaged volume of Mahanagar Telephone is 51512576

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	79.05	80.00	81.56	79.05	0.535 times
31 Wed Jul 2024	83.22	83.22	83.22	83.22	0.014 times
30 Tue Jul 2024	87.60	87.60	87.60	87.60	0.02 times
29 Mon Jul 2024	92.22	99.40	101.93	92.22	0.404 times
26 Fri Jul 2024	97.08	97.08	97.08	97.08	0.039 times
25 Thu Jul 2024	92.46	90.00	92.46	89.46	0.332 times
24 Wed Jul 2024	88.06	87.00	88.06	86.30	0.149 times
23 Tue Jul 2024	83.87	80.79	83.87	70.25	2.326 times
22 Mon Jul 2024	76.25	70.48	76.25	70.40	1.331 times
19 Fri Jul 2024	69.32	66.00	70.48	65.40	2.647 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 86.3 as stoploss in an intra day sell trade for a target of 65.6. However, stock will show a bullish move above 86.3.

Share price targets for Mahanagar Telephone (MTNL)

Target Type	Value
Downside Target	32.55
Downside Target	33.20
Downside Target	39.65
Downside Target	41.00
Downside Target	42.45
Downside Target	45.99
Downside Target	47.90
Downside Target	70.25
Downside Target	79.05
Upside Target	81.56
Upside Target	97.08
Upside Target	101.93

Intraday share price targets for Mahanagar Telephone (MTNL)

Target Type	Value
Downside Intraday Target	71.42
Downside Intraday Target	63.8
Upside Intraday Target	94.3
Upside Intraday Target	109.56
Upside Intraday Target	86.68

Weekly technical analysis of Mahanagar Telephone (MTNL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	79.05	99.40	101.93	79.05	0.233 times
26 Fri Jul 2024	97.08	70.48	97.08	70.25	0.476 times
19 Fri Jul 2024	69.32	46.30	70.48	46.13	6.455 times
12 Fri Jul 2024	46.19	41.00	47.90	41.00	3.986 times
05 Fri Jul 2024	40.56	42.22	42.45	39.90	0.431 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 Mahanagar Telephone (MTNL)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	79.05	80.00	81.56	79.05	0.035 times
31 Wed Jul 2024	83.22	42.22	101.93	39.90	5.733 times
28 Fri Jun 2024	42.23	39.80	45.99	32.55	2.647 times
31 Fri May 2024	37.00	39.20	39.65	33.20	0.66 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 Mahanagar Telephone (MTNL)

Price action analysis of Mahanagar Telephone ( (MTNL) ) 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 Mahanagar Telephone ( (MTNL) ) 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 Mahanagar Telephone ( (MTNL) ) 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 Mahanagar Telephone ( (MTNL) ) 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 Mahanagar Telephone stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mahanagar Telephone in short term and the buy signal is strong.

Mahanagar Telephone 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 Mahanagar Telephone 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Mahanagar Telephone is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 78.25 and Mahanagar Telephone (MTNL) 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 Mahanagar Telephone (MTNL) stock. Volume based technical analysis of Mahanagar Telephone (MTNL) stock is negative.

Mahanagar Telephone 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.