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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 2025-01-29 View latest technical analysis

10 day averaged volume of Mahanagar Telephone is 5337828

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	45.03	42.50	47.80	42.45	0.861 times
28 Tue Jan 2025	43.17	44.25	44.60	41.04	0.692 times
27 Mon Jan 2025	43.93	45.50	45.50	43.60	0.485 times
24 Fri Jan 2025	45.85	47.79	47.96	45.50	0.401 times
23 Thu Jan 2025	47.60	47.75	48.30	47.06	0.392 times
22 Wed Jan 2025	47.67	49.00	49.41	46.61	0.627 times
21 Tue Jan 2025	48.96	50.96	50.96	48.50	1.087 times
20 Mon Jan 2025	51.76	47.50	53.25	47.50	5.004 times
17 Fri Jan 2025	46.83	45.50	47.50	45.07	0.526 times
16 Thu Jan 2025	45.77	45.50	46.30	45.25	0.29 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 44.4 as stoploss in an intra day buy trade for a target of 47.04. However, stock will show a bearish move below 44.4.

Share price targets for Mahanagar Telephone (MTNL)

Target Type	Value
Downside Target	41.04
Downside Target	42.00
Downside Target	44.89
Upside Target	47.02
Upside Target	51.56
Upside Target	51.94
Upside Target	53.25
Upside Target	53.41
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	41.45
Downside Intraday Target	37.86
Upside Intraday Target	48.21
Upside Intraday Target	51.38
Downside Intraday Target	44.62

Weekly technical analysis of Mahanagar Telephone (MTNL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	45.03	45.50	47.80	41.04	0.271 times
24 Fri Jan 2025	45.85	47.50	53.25	45.50	3.093 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

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
29 Wed Jan 2025	45.03	50.50	53.41	41.04	0.487 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 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 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 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.92 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 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.