Mobile app version of munafa.org
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-26 View latest technical analysis

10 day averaged volume of Mahanagar Telephone is 3437744

Date Daily Closing Price Open High Low Volume
26 Thu Sep 2024 53.02 52.89 54.98 52.50 0.677 times
25 Wed Sep 2024 52.74 53.94 54.15 52.65 0.528 times
24 Tue Sep 2024 53.94 54.65 55.00 53.66 0.512 times
23 Mon Sep 2024 54.65 55.30 55.95 54.45 0.654 times
20 Fri Sep 2024 54.98 53.09 55.56 52.61 1.281 times
19 Thu Sep 2024 52.93 55.18 55.91 52.41 0.881 times
18 Wed Sep 2024 54.97 56.00 56.47 54.45 0.829 times
17 Tue Sep 2024 56.04 57.40 57.40 55.45 0.661 times
16 Mon Sep 2024 56.69 58.48 59.00 56.51 1.888 times
13 Fri Sep 2024 59.33 59.33 59.33 59.33 0.36 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.8, but if it comes above 53.8, then a intra day buy could be more profitable.
If you take a sell trade below 53.8, then use 53.8 as stoploss and 51.1 as target. However if you take a buy trade in stock , then use 53.8 as stoploss and 56.09 as target.

Share price targets for Mahanagar Telephone (MTNL)

Target Type Value
Downside Target 32.55
Downside Target 33.20
Downside Target 39.65
Downside Target 45.99
Downside Target 52.41
Upside Target 55.56
Upside Target 59.00
Upside Target 59.61
Upside Target 60.80
Upside Target 63.74
Upside Target 81.56
Upside Target 101.93

Intraday share price targets for Mahanagar Telephone (MTNL)

Target Type Value
Downside Intraday Target 51.7
Downside Intraday Target 50.37
Upside Intraday Target 55.15
Upside Intraday Target 57.27
Upside Intraday Target 53.82

Weekly technical analysis of Mahanagar Telephone (MTNL)

Date Weekly Closing Price Open High Low Volume
26 Thu Sep 2024 53.02 55.30 55.95 52.50 0.428 times
20 Fri Sep 2024 54.98 58.48 59.00 52.41 0.685 times
13 Fri Sep 2024 59.33 55.69 59.33 53.30 1.337 times
06 Fri Sep 2024 55.73 60.60 60.80 55.56 0.569 times
30 Fri Aug 2024 60.32 61.69 63.74 59.61 0.517 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
26 Thu Sep 2024 53.02 60.60 60.80 52.41 0.184 times
30 Fri Aug 2024 60.32 80.00 81.56 56.96 0.53 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

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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mahanagar Telephone in short term and the sell signal is strong.

Mahanagar Telephone 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 moving up

CCI has generated a buy signal for Mahanagar Telephone in short term but BUY 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.03 and Mahanagar Telephone (MTNL) 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 Mahanagar Telephone (MTNL) stock. Volume based technical analysis of Mahanagar Telephone (MTNL) stock is negative.

Mahanagar Telephone 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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mahanagar Telephone in short term and the sell signal is strong.

Mahanagar Telephone 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 moving up

CCI has generated a buy signal for Mahanagar Telephone in short term but BUY 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.03 and Mahanagar Telephone (MTNL) 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 Mahanagar Telephone (MTNL) stock. Volume based technical analysis of Mahanagar Telephone (MTNL) stock is negative.

Mahanagar Telephone 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 Mahanagar Telephone charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme