(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
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Daily charts
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