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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 2025-01-07 View latest technical analysis

10 day averaged volume of Mahanagar Telephone is 3703371

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	49.49	48.35	50.14	48.01	0.912 times
06 Mon Jan 2025	48.26	51.50	51.84	47.50	1.29 times
03 Fri Jan 2025	51.62	50.91	53.41	50.90	1.372 times
02 Thu Jan 2025	50.98	51.62	51.62	50.55	0.587 times
01 Wed Jan 2025	51.33	50.50	52.45	49.35	0.939 times
31 Tue Dec 2024	50.35	49.00	51.20	48.51	1.062 times
30 Mon Dec 2024	48.67	50.28	50.49	48.50	0.786 times
27 Fri Dec 2024	50.13	51.00	51.48	49.91	0.716 times
26 Thu Dec 2024	50.58	52.47	52.70	49.95	0.676 times
24 Tue Dec 2024	52.47	51.90	53.50	51.80	1.288 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 46.3 as target. However if you take a buy trade in stock , then use 49.8 as stoploss and 52.75 as target.

Share price targets for Mahanagar Telephone (MTNL)

Target Type	Value
Downside Target	42.00
Downside Target	45.32
Downside Target	47.02
Downside Target	48.50
Upside Target	49.91
Upside Target	51.56
Upside Target	53.41
Upside Target	53.60
Upside Target	58.70
Upside Target	59.00
Upside Target	60.80
Upside Target	61.87

Intraday share price targets for Mahanagar Telephone (MTNL)

Target Type	Value
Downside Intraday Target	47.38
Downside Intraday Target	45.27
Upside Intraday Target	51.72
Upside Intraday Target	53.95
Upside Intraday Target	49.61

Weekly technical analysis of Mahanagar Telephone (MTNL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	49.49	51.50	51.84	47.50	0.464 times
03 Fri Jan 2025	51.62	50.28	53.41	48.50	1.198 times
27 Fri Dec 2024	50.13	53.08	53.60	49.91	0.451 times
20 Fri Dec 2024	52.41	57.55	58.70	52.00	0.299 times
13 Fri Dec 2024	57.33	52.30	61.87	52.30	5.187 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
07 Tue Jan 2025	49.49	50.50	53.41	47.50	0.103 times
31 Tue Dec 2024	50.35	48.25	61.87	47.02	3.493 times
29 Fri Nov 2024	48.54	48.93	51.94	42.00	0.485 times
31 Thu Oct 2024	48.59	52.00	59.00	45.32	1.362 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mahanagar Telephone stock for short term is SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 50.45 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.