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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 2024-10-24 View latest technical analysis

10 day averaged volume of Mahanagar Telephone is 4841954

Date Daily Closing Price Open High Low Volume
24 Thu Oct 2024 49.24 52.00 52.48 48.05 0.938 times
23 Wed Oct 2024 51.33 47.00 51.77 45.32 2.497 times
22 Tue Oct 2024 47.07 49.93 51.25 46.80 0.603 times
21 Mon Oct 2024 50.44 52.05 52.20 50.25 0.425 times
18 Fri Oct 2024 52.06 49.40 54.25 48.31 1.805 times
17 Thu Oct 2024 50.02 51.78 52.20 49.80 0.417 times
16 Wed Oct 2024 51.59 52.18 53.04 51.50 0.373 times
15 Tue Oct 2024 52.39 53.69 53.79 52.00 0.453 times
14 Mon Oct 2024 53.62 50.70 55.40 50.20 2.662 times
11 Fri Oct 2024 50.94 51.79 51.80 50.64 0.272 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.8, but if it comes above 49.8, then a intra day buy could be more profitable.
If you take a sell trade below 49.8, then use 49.8 as stoploss and 47.3 as target. However if you take a buy trade in stock , then use 49.8 as stoploss and 51.91 as target.

Share price targets for Mahanagar Telephone (MTNL)

Target Type Value
Downside Target 32.55
Downside Target 39.90
Downside Target 45.32
Downside Target 48.11
Upside Target 51.56
Upside Target 54.00
Upside Target 55.40
Upside Target 56.96
Upside Target 59.00
Upside Target 60.80
Upside Target 81.56
Upside Target 101.93

Intraday share price targets for Mahanagar Telephone (MTNL)

Target Type Value
Downside Intraday Target 45.55
Downside Intraday Target 41.85
Upside Intraday Target 52.71
Upside Intraday Target 56.17
Downside Intraday Target 49.01

Weekly technical analysis of Mahanagar Telephone (MTNL)

Date Weekly Closing Price Open High Low Volume
24 Thu Oct 2024 49.24 52.05 52.48 45.32 0.781 times
18 Fri Oct 2024 52.06 50.70 55.40 48.31 1.466 times
11 Fri Oct 2024 50.94 53.20 54.00 48.11 0.63 times
04 Fri Oct 2024 54.84 52.90 59.00 51.56 2.975 times
27 Fri Sep 2024 52.96 55.30 55.95 52.50 0.528 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
24 Thu Oct 2024 49.24 52.00 59.00 45.32 1.205 times
30 Mon Sep 2024 52.05 60.60 60.80 51.56 0.193 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

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 positive zone. This is a BUY 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 51.56 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 positive zone. This is a BUY 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 51.56 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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