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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 2025-01-23 View latest technical analysis

10 day averaged volume of Mahanagar Telephone is 5371584

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	47.60	47.75	48.30	47.06	0.39 times
22 Wed Jan 2025	47.67	49.00	49.41	46.61	0.623 times
21 Tue Jan 2025	48.96	50.96	50.96	48.50	1.08 times
20 Mon Jan 2025	51.76	47.50	53.25	47.50	4.973 times
17 Fri Jan 2025	46.83	45.50	47.50	45.07	0.523 times
16 Thu Jan 2025	45.77	45.50	46.30	45.25	0.288 times
15 Wed Jan 2025	44.86	45.13	45.97	44.23	0.492 times
14 Tue Jan 2025	44.78	43.40	45.20	43.16	0.481 times
13 Mon Jan 2025	43.02	43.61	45.68	42.30	0.63 times
10 Fri Jan 2025	45.13	47.05	47.77	44.89	0.47 times

My analysis of stock is bearish for shortterm, and stock might move down till 45.7 or till 42.7. Use a stoploss of 48.17 and if the stock hits stoploss, then it can shoot up till 50.64

Share price targets for Mahanagar Telephone (MTNL)

Target Type	Value
Downside Target	42.00
Downside Target	44.89
Downside Target	46.61
Upside Target	48.50
Upside Target	49.91
Upside Target	51.56
Upside Target	53.25
Upside Target	53.41
Upside Target	53.60
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	45.06
Downside Intraday Target	42.51
Upside Intraday Target	51.7
Upside Intraday Target	55.79
Upside Intraday Target	49.15

Weekly technical analysis of Mahanagar Telephone (MTNL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	47.60	47.50	53.25	46.61	2.928 times
17 Fri Jan 2025	46.83	43.61	47.50	42.30	0.87 times
10 Fri Jan 2025	45.13	51.50	51.84	44.89	0.848 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahanagar Telephone (MTNL)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	47.60	50.50	53.41	42.30	0.416 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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

CCI has generated a SELL signal for Mahanagar Telephone in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 49.06 and Mahanagar Telephone (MTNL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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